Latest SBI RD Rates 2025 – Check Recurring Deposit Returns

Updated on: 17 Sep 2025

SBI, the largest bank in India, backs its schemes with decades of strong returns and consistent performance. It offers a diverse range of deposit schemes to support both long- and short-term investment goals. One such scheme is the SBI Recurring Deposit (RD). RD rates in SBI can differ based on the investor’s age and tenure.

With a minimum monthly deposit of just ₹100, investors can steadily grow their savings in a disciplined manner. Explore SBI’s Recurring Deposit in detail, including its interest rates, features, and benefits, to have a clear understanding before proceeding.

SBI Recurring Deposit Interest Rate

Below are given RD rates in SBI as of the year 2025:

Tenure	RD Rates for General Public	RD Rates for Senior Citizens
3 Years	6.75%	7.25%
4 Years	6.75%	7.25%
5 Years and above	6.50%	7.00%
10 Years and below	6.50%	7.00%

SBI Recurring Deposit Features

The SBI Recurring Deposit scheme comes with many beneficial features, like an investment limit that you can easily handle at a low interest rate.

Here are the features you can enjoy:

Deposit Tenure Flexibility: SBI offers flexible recurring deposit tenures ranging from 12 to 120 months, in multiples of 3 months.
Investment Limits: Investors can start an SBI RD with a minimum monthly deposit of ₹100 and increase contributions in multiples thereof. SBI does not impose an upper limit on the maximum investment amount.
Tax Implications and TDS Provisions: SBI Recurring Deposits do not provide any tax exemptions. The interest earned is taxable as per the investor’s income tax slab.
Premature Withdrawal: SBI permits premature withdrawal of RD funds. However, it imposes a penalty in accordance with its prevailing policies.
Nomination Option: SBI allows depositors to nominate a beneficiary for their RD account.
Digital Access and Management: SBI enables customers to open and manage their RD accounts easily through its online banking platform.
Loan Availability Against Deposit: SBI offers loans against recurring deposits, providing investors with financial flexibility in times of need.

Eligibility Criteria and Documents Required for SBI Recurring Deposit

Any individual holding a savings account with SBI can open a Recurring Deposit account either online or offline, provided they meet the following eligibility criteria:

Indian residents, including minors
Non-Resident Indians (NRIs)
Hindu Undivided Families (HUFs)
Sole proprietorship firms
Partnership firms
Registered companies
Associations and trusts

SBI accepts applications from all the above entities, subject to verification and adherence to the bank’s prescribed guidelines.

Calculating SBI Recurring Deposit Based on Interest Rates

The maturity amount of SBI RD depends on several factors like the monthly deposit amount, applicable interest rate, and other related elements.

SBI provides an easy-to-use RD calculator on its official website to help customers estimate returns and plan their savings more easily. To calculate it manually, use the following formula:

M = R × [ (1 + i)^n – 1] ÷ (1 – (1 + i)^(-1/3))

Where:

M = Maturity amount

R = Monthly installment

i = Quarterly interest rate

n = Number of quarters

Suppose an individual opens an SBI Recurring Deposit account and chooses to deposit ₹10,000 every month for a period of 3 years. If the applicable interest rate is 6.80% per annum, the maturity amount will be approximately ₹4,00,278.

Steps to Open an SBI Recurring Deposit

To open a Recurring Deposit (RD) account with SBI through internet banking, follow the below simple steps:

Log in to your SBI Internet Banking account using your credentials
Navigate to the ‘Deposits and Investment’ section
Select ‘Fixed Deposits’ from the available options
Click on ‘e-RD (Recurring Deposit)’
Go to the ‘Open New a/c’ section and enter the required details, including the monthly deposit amount, tenure, and other relevant information
After entering all the details, click on the ‘Submit’ button
Once the process is complete, SBI will open your RD account, and you can view the account details under the ‘Account Summary’ section

With smart investment in SBI Recurring Deposit, you can ensure your financial well-being. Although SBI imposes penalties for premature withdrawals and late payments, the advantages of regular savings and assured returns make it an ideal choice for both new and experienced investors.

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