State Bank of India revises Deposit rates

State Bank of India revises upwards the Deposit rates, effective from 17th August 2010. The increase is 25-150 bps in various maturities. 

The revised interest rates for Domestic Term Deposits ‘Below Rupees One crore’ effective from the 17th August 2010 would be as under:

Tenors	Existing w.e.f. 09.11.2009  (%p.a.)		Revised w.e.f. 17th Aug.2010 (%p.a.)
15 days to 45 days	2.50	15 days to 45 days	4.00
46 days to 90 days	3.50	46 days to 90 days	4.00
91 days to 180 days	4.75	91 days to 180 days	4.75
181 days to less than 1 year	5.25	181 days to less than 1 year	6.00
1 year to less than 2 years	6.00	1 year to 554 days	6.75
		555 days	7.25
		556 days to less than 2 years	6.75
2 years to less than 3 years	6.50	2 years to 999 days	7.00
		1000 days	7.25
		1001 days to less than 3 years	7.00
3 year to less than 5 years	6.50	3 year to less than 5 years	7.25
5 years to less than 8 years	7.25	5 years to less than 8 years	7.50
8 years and up to 10 years	7.50

8 years and up to 10 years

7.75