Rates verified from official source

Sumitomo Mitsui Banking Corporation (India) interest rates · November 2026

Top FD rate
5.65%
184 to 270 days
Savings rate
4.00%
All balances

SMBC India FD rates

1 year5.65%3 years5.65%5 years5.65%
All tenures, calculator and comparison →

What will my FD earn at SMBC India?

Estimated value after 1 year · before tax ₹5,28,854 5.65% p.a. · ₹28,854 interest · quarterly compounding
Compare 1 year across banks → Save or plan this →

Overview

Sumitomo Mitsui Banking Corporation (India) (SMBC India) is a foreign bank operating in India, headquartered in New Delhi. Its headline 1-year FD rate of 5.65% is 0.03% above the foreign bank average of 5.62%, ranking #923 of 1033 banks on RateScan.in.

Headquarters
New Delhi
Monitored since
27 Oct 2026
Ownership
Indian branches of Sumitomo Mitsui Banking Corporation, Japan
Operates in
Delhi, Maharashtra, Tamil Nadu, Karnataka, Gujarat

Rates as of 13 Nov 2026, verified from official source. Scheduled foreign bank (RBI-licensed, operating in India): Indian operations' deposits insured by DICGC up to ₹5,00,000.

RBI record

No RBI press release since 1 Jan 2024 names Sumitomo Mitsui Banking Corporation (India). We read RBI's press releases every week; last checked on 11 Nov 2026.

This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.

Branches

4 branches in 4 districts

Most branches: Bengaluru Urban 1, Chennai 1, Delhi 1

From RBI's IFSC directory (updated 1 Nov 2026). Counts can include recently merged or closed branches; check the bank's branch locator before visiting.

SMBC India Fixed Deposit rate changes

Changes to SMBC India's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 27 Oct 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.

2 Nov 2026
▲ 9 raised+0.10 to +0.20 pp
  • 121 to 150 days · General5.15% → 5.35% 0.20 pp
  • 151 to 183 days · General5.15% → 5.35% 0.20 pp
  • 91 to 120 days · General5.15% → 5.35% 0.20 pp
Show all 9 changesShow fewer
  • 15 to 30 days · General4.50% → 4.60% 0.10 pp
  • 184 to 270 days · General5.55% → 5.65% 0.10 pp
  • 31 to 45 days · General4.70% → 4.80% 0.10 pp
  • 46 to 60 days · General4.85% → 4.95% 0.10 pp
  • 61 to 90 days · General5.05% → 5.15% 0.10 pp
  • 7 to 14 days · General4.50% → 4.60% 0.10 pp
Bank's rate page ↗

See all SMBC India rate changes →

Good to know

  • Deposits with Sumitomo Mitsui Banking Corporation (India) 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.
  • SMBC India is a foreign bank operating in India, regulated by the RBI.
official Effective 13 Nov 2026 · Ingested 2 Nov 2026 · Verified 13 Nov 2026 · View source

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