Save on taxes, while enjoying one of the highest returns with SBM Bank India’s Tax Saver Fixed Deposit.

  • Enjoy Tax deduction up to Rs. 1,50,000 under Section 80C
  • Earn 7.75%* p.a. returns
  • Additional 0.5%* p.a. for senior citizens

Click here to know our latest Fixed Deposits rates

Winning features with real benefits

Fixed Deposits in flexible tenures starting from a minimum of 7 days to a maximum of 10 years.

Diverse periods to
choose from
Flexible Fixed Deposite Tenures

Open an FD in single or joint name via internet banking, mobile banking, or by visiting the branch.

Multiple opening
Multiple Opening Modes

Earn attractive returns varying across short-term, medium-term and long-term investment tenures.

Competitive interest
Competitive Interest Rates

Open your FD within a few minutes without any tedious paperwork.

Hassle-free Processing

Opt for monthly/quarterly interest pay-outs, compounded interest or reinvestment of interest and principal amount upon maturity.

Choice of schemes
Get Choice of Schemes

Transfer funds from your savings account to your FD to earn additional interest.

Seamless transfer
Seamless Transfer

Nominate an individual as a nominee for your fixed deposit.

Nomination facility
Nomination Facility

In case of immediate funds required to meet an emergency, you can choose to prematurely close your FD. A premature closure penalty calculated as per the system would apply.

Premature encashment
Premature Encashment

Avail a loan anytime against the amount in your FD account.

Loan facility
Loan Facility

*T&C Apply

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