What is the current interest rate at SBI?

Written by Editorial Team | Last Updated: August 2026

State Bank of India (SBI) adjusts its retail term deposit interest rates, marginal cost of funds-based lending rates (MCLR), and benchmark loan pricing dynamically. Current rates vary across different maturity buckets—ranging from short-term deposits to multi-year commitments—and can be verified on SBI's official portal.

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