If you are a resident of Chicago, Illinois and are interested in doing something to increase your savings, then this may be the promotion for you. State Bank of India offers FDIC-insured service and great benefits. Ranging from checking accounts to savings accounts to CD rates, you can get it all.
In particular, State Bank offers standard CD rates from 3-months to 60-months. Right now, they are having 2.89% APY 15-Month CD Rate with a $2,500 minimum deposit. If you are interested, be sure to apply as soon as you can!
State Bank of India CD Summary
- Direct Link to Offer
- Account Type: CD account
- Special APY Rates/Balance requirements:
- 15-Month CD Term:
- 3.01% – $1,000
- 15-Month CD Term:
- APY Rates/Balance Requirements:
| Term | APY Rate | Minimum Deposit |
| 5-Year Senior Citizens | 3.35% | $2,500 |
| 3-Year Senior Citizens | 3.14% | $2,500 |
| 2-Year Senior Citizens | 3.09% | $2,500 |
| 1-Year Senior Citizens | 2.89% | $2,500 |
| 3-Month | 1.92% | $2,500 |
| 6-Month | 2.27% | $2,500 |
| 12-Month | 2.78% | $2,500 |
| 24-Month | 2.99% | $2,500 |
| 36-Month | 3.04% | $2,500 |
| 60-Month | 3.25% | $2,500 |
- Availability: IL (Bank Locator)
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know!
- Minimum Balance Requirement: $2,500
- Additional Requirements: See below
- Early Withdrawal Fee: Not specified
- Auto-Renewal: Not specified
State Bank Best CD Rates
Overall, State Bank ranks nicely across the board from our Best 18-Month CD Rates in the local section. State Bank offers great rates and great features to all customers. 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 CD Account Features
- Competitive interest rates
- Open a CD with a just $1,000
- Visit any branch to open your CD
- FDIC Insured
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 like the 2.89% APY 15-Month CD Rate. All you need to do is to pick your CD term and watch your money grow! You can sleep soundly knowing your financial future is secure because they’re also FDIC insured. Sign up for a CD with State Bank of India and the enjoy their high APY rates today.
However if you are not interested or looking for more options, be sure to browse our complete list of the Best 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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