Find the latest State Bank of India CD Rates, Offers, and Promotions here.
Some of the best State Bank of India CD Rates such as 0.55% APY 24-Month CD, 0.70% APY 36-Month CD, 1.00% APY 60-Month CD.
State Bank of India CD Account Summary
Open up a new State Bank of India CD Account to earn interest on your funds.
- Minimum deposit: $2,500
- Maximum deposit: None
- Early withdrawal penalty: Amount not specified
(FDIC Insured)
| Term | APY Rate | Minimum Deposit |
| 3 Month | 0.10% | $2,500 |
| 6 Month | 0.20% | $2,500 |
| 12 Month | 0.45% | $2,500 |
| 24 Month | 0.55% | $2,500 |
| 36 Month | 0.70% | $2,500 |
| 60 Month | 1.00% | $2,500 |
| 12 Month (Senior) | 0.55% | $2,500 |
| 24 Month (Senior) | 0.65% | $2,500 |
| 36 Month (Senior) | 0.80% | $2,500 |
| 60 Month (Senior) | 1.11% | $2,500 |
State Bank of India CD Features
- Low minimum balance requirement
- Competitive rates on all CD terms
- Free online and mobile banking
- Insured by the FDIC up to the maximum allowed by law
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Author’s Verdict
If you have excess funds just sitting in your checking account (that more than likely won’t be touched), it’s a good idea to invest it in a interest bearing account like a CD. By opening a CD Account, your money will be earning money for you while you sleep by earning you a return on your funds. Please let us know if you find out any information regarding whether this account triggers a hard or soft pull.
Do you know of a better CD rate elsewhere? If so, let us know! Let us know about your thoughts and experience with Discover Bank in the comment section below. Be sure to check back on BankDealGuy for more CD Rate Offers!
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