Money Lobang

SBI Fixed Deposit

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Rating: 3.6/5.0 (26 Reviews)
Interest Rate 0.85%
Min. Deposit $50,000
Review on SBI Fixed Deposit
Pros

None

Cons

Low interest rates

No promo rates

Slow and inefficient service at branches

Foreign Bank with few branches

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Deposit Details Deposit Details

  18 months
$50k to <$1m 0.85% p.a.

 

Earn 0.85% interest p.a. for a 18 months tenure

The minimum deposit amount per individual or per joint account with the same individuals is SGD 50,000

Multiple deposits can be placed by the customer as long as the maximum amount per individual or per CIF is $1,000,000

Unless otherwise instructed in writing at least three working days prior to the maturity date of the deposit, the term deposit will be renewed automatically on maturity for the same period as the original deposit at the SBI Prevailing Term Deposit Board Rate of interest at the time of renewal.

 

Click here to go to State Bank of India website for more details

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26 Reviews
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Rating:
3.6/5.0 (26)
3.6/5.0 (26)
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