If you are a resident of California and are currently looking for great savings rates, then make sure you keep reading. State Bank of India has wide array of products to meet your individual needs. They currently offer standard CD rates from 1-month to 60-months with 0.15% to 2.78% APY Rates. They also have a special 15-Month Promo CD term with 2.63% APY and 21-Month Promo CD term with 2.83% APY on $50,000 balances or more. By joining State Bank of India, you get to enjoy earning higher rate of interest than regular savings account. Be sure to visit your nearest branch or enroll online as soon as you can to talk advantage of this promotional offer!
State Bank of India CD Summary:
- Apply Now
- Account Type: Promo CD account
- Current Promotion: 15-Month Promo CD 2.63% APY , 21-Month Promo CD 2.83% APY
- Special APY Rates/Balance requirements:
- 15-Month CD Term:
- 2.63% – $50,000
- 21-Month CD Term:
- 2.83% – $50,000
- 15-Month CD Term:
- APY Rates/Balance Requirements:
- Standard CD
- 0.15% APY for 1-Month CD – $1,000
- 0.40% APY for 3-Month CD – $1,000
- 1.00% APY for 6-Month CD – $1,000
- 2.02% APY for 12-Month CD – $1,000
- 2.27% APY for 24-Month CD -$1,000
- 2.52% APY for 36-Month CD – $1,000
- 2.63% APY for 48-Month CD – $1,000
- 2.78% APY for 60-Month CD – $1,000
- Standard CD
- Availability: CA (Bank Locator)
- Soft/Hard Pull: Soft Pull
- Minimum Balance Requirement: $50,000
- Additional Requirements: None listed
- Early Withdrawal Fee: Penalty may be imposed for early withdrawal
- Auto-Renewal: None listed, check with CSR
State Bank of India Best CD Rates:
Overall, State Bank of India ranked high across the board from our statewide Best 1-Year CD Rates & Best 2-Year CD Rates list. So if you’re interested in making a higher rate than a traditional savings account, make sure to take advantage of this limited time special offer. Note that rates are always changing, which is why if you’re interested in getting a CD with them, you might want to hop on it as soon as possible.
State Bank of India CD Account Features:
- Different terms
- Earns higher rate of interest than regular savings account
- Online banking
- Fixed rate of interest
- FDIC insured
- No monthly service fees
Conclusion:
If you are interested in a short term or long term CD, look no further as State Bank of India offers you a standard and special CD rates that go up to 2.63% APY on 15-Month Promo CD term or 2.83% APY on 21-Month Promo CD term. Remember, both specials ranked highly on our Best CDs list. So if you are interested and live near a branch, be sure to open your new CD account today! However if you are not interested or looking for more options, be sure to browse our complete list of the Best National CD Rates for all your savings needs!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
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