SBM Bank (India) Ltd. Recurring Deposit interest rates · November 2026
Plan your recurring deposit at SBM Bank India
Before opening an RD
Estimates assume on-time monthly installments and quarterly compounding. Confirm the term, minimum installment, late payment rules, and early closure terms with the bank.
| Tenure | General | Senior | Applies to | Effective On | Source |
|---|---|---|---|---|---|
6 months |
6.30% | 6.80% | Below ₹3 crore | 13 Nov 2026 ✓ verified 13 Nov 2026 | official fetched 27 Oct 2026 |
7 months to 11 months 2 slabs at this rate |
6.70% | 7.20% | Below ₹3 crore | 13 Nov 2026 ✓ verified 13 Nov 2026 | official fetched 27 Oct 2026 |
12 months |
7.10% | 7.60% | Below ₹3 crore | 13 Nov 2026 ✓ verified 13 Nov 2026 | official fetched 12 Nov 2026 |
13 months to 15 months |
7.10% | 7.60% | Below ₹3 crore | 13 Nov 2026 ✓ verified 13 Nov 2026 | official fetched 27 Oct 2026 |
16 months to 18 months |
7.20% | 7.70% | Below ₹3 crore | 13 Nov 2026 ✓ verified 13 Nov 2026 | official fetched 27 Oct 2026 |
19 months to 24 months |
7.65% | 8.15% | Below ₹3 crore | 13 Nov 2026 ✓ verified 13 Nov 2026 | official fetched 6 Nov 2026 |
25 months to 36 months |
7.10% | 7.60% | Below ₹3 crore | 13 Nov 2026 ✓ verified 13 Nov 2026 | official fetched 27 Oct 2026 |
37 months to 60 months 2 slabs at this rate |
7.00% | 7.50% | Below ₹3 crore | 13 Nov 2026 ✓ verified 13 Nov 2026 | official fetched 27 Oct 2026 |
61 months to 120 months |
7.00% | 7.50% | Below ₹3 crore | 13 Nov 2026 ✓ verified 13 Nov 2026 | official fetched 27 Oct 2026 |
Compare SBM Bank India RD returns with other banks
Choose up to five banks. Compare recurring deposit returns across every tenure.
Loading comparison…
What will my monthly deposits grow to?
See all tenures
SBM Bank India RD return examples
Open a figure in the RD calculator. Darker shade = higher rate. ★ marks the highest rate for that amount. Deposits are paid at the start of each month, with quarterly compounding. Rates as of 14 Nov 2026. Confirm the current rate with the bank. DICGC’s limit includes eligible balances and accrued interest held at the same bank in the same right and capacity.
- recurring deposits below ₹3 crore; senior rate = the printed 0.5% additional for resident senior citizens
Before you book
SBM Bank India Recurring Deposit: frequently asked questions
What is the highest SBM Bank India Recurring Deposit interest rate?
As of 14 Nov 2026, SBM Bank (India) Ltd. offers up to 7.65% p.a. on its recurring deposit (RD) (19 months to 24 months) for general customers and 8.15% p.a. (19 months to 24 months) for senior citizens. Rates below are as published by the bank. Confirm with SBM Bank India before investing.
Do senior citizens get higher Recurring Deposit rates at SBM Bank India?
Yes. Senior citizens (60+) earn up to 0.50% p.a. more than general customers at SBM Bank (India) Ltd., depending on the tenure.
When did SBM Bank India last change its Recurring Deposit rates?
SBM Bank (India) Ltd. last changed a recurring deposit (RD) rate. RateScan.in first recorded the change on 12 Nov 2026: the general rate for 12 months went from 7.50% to 7.10%. RateScan.in has tracked SBM Bank India's rates since 27 Oct 2026.
What recurring deposit (RD) tenures does SBM Bank India offer?
SBM Bank (India) Ltd.'s published recurring deposit (RD) rate table has 11 tenure bands, from “6 months” to “61 months to 120 months”.
Is my recurring deposit (RD) with SBM Bank India insured?
Deposits with SBM Bank (India) Ltd. are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
How current are these SBM Bank India rates?
RateScan.in refreshed this dataset on 14 Nov 2026; the bank's rates shown here are effective 13 Nov 2026. Rates can change without notice, so verify on the official SBM Bank India website before investing.
More SBM Bank India rates
Recurring Deposit rates at other banks
Good to know
- Deposits with SBM Bank (India) Ltd. are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
- SBM Bank India is a foreign bank operating in India, regulated by the RBI.
- Senior citizens (60+) earn up to 0.50% p.a. more than general customers at SBM Bank India, depending on the tenure.
Informational only. Always confirm the current rate on the official SBM Bank India website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.
Have feedback?
Tell us what would make RateScan.in more useful. No email required.