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Fixed Deposit Scheme

Interest Rates

The Interest Rate Structure for SIDBI Fixed Deposit Scheme of SIDBI are as under:

Duration (Years)

Revised Annual Interest Rate %p.a. w.e.f May 01, 2012
 


Interest (% p.a.)


Annualised Yield (% p.a.) Quarterly Compounding)
12 months - 13 months
9.25

9.58

14 months - 36 months
9.10

9.42

37 months - 60 months
9.00

9.31

For Senior Citizens *




Interest (% p.a.)


Annualised Yield (% p.a.) Quarterly Compounding)
12 months - 13 months
09.75

10.11

 

14 months - 36

months

9.60

09.95

 

37 months - 60 months
9.50

9.84

 

 

Minimum amount of Deposit - Rs.10,000 and in multiples of Rs.1,000 thereafter.

 

* In case of applications from senior citizens (age 60 years and above), applicants are requested to furnish the proof of age viz. an attested copy of any one of the following: Ration card, Passport, Driving License, Voter Identification card, PAN card, Pension/Service Book, Birth Certificate, School Leaving Certificate, LIC Policy etc. indicating the date of birth, or depositor's status as Senior Citizen. All eligible Depositors will have to comply with the KYC norms.

 


Terms of the Scheme

General Instructions

Addresses of Regional and Branch Office

Download Application Form

KYC Norms

FAQ

 

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