SBI Interest Rates Today

Our review of State Bank of India: 3 products rated against every other provider we track, with the rates, the fees and what they cost you in rupees.

Founded	1806
Headquarters	Mumbai
Type	PSU Bank
Official site	sbi.bank.in
Credsir rating	3.9 / 5, across 3 products rated

Updated 15 Aug 2026 · State Bank of India’s rate cards and published comparisons, across 3 products

Best for: borrowers who want a personal loan from a large bank and will trade 0.01 points against the market’s best rate for it.

What it does well

Home loan rate is third best of the 12 providers we track — 0.05 points off the best.
Narrow gap between the advertised home loan rate and its published ceiling, so the headline number is closer to a real offer (4.8/5).
Home loan processing fee is among the lowest in the table (4.5/5).
Personal loan rate is second best of the 8 providers we track — 0.01 points off the best.
Narrow gap between the advertised personal loan rate and its published ceiling (5/5).

Where it falls short

Pays 1.80 points less on a fixed deposit than Suryoday Small Finance Bank, the best payer we track — #12 of 12.

State Bank of India products, rated

We score each product against every other provider we track for it. The same formula runs on every bank on this site, and we publish it in full.

Home loan — 4.8 / 5

From 7.25% as a starting rate, with a maximum of 9.20%, priced off the repo-linked external benchmark (EBLR), on a fee of 0.35% with a minimum of ₹2,000. The cheapest provider we track for this product is Bank of Baroda at 7.20%, 0.05 percentage points cheaper. The SBI home loan pages break the rate, the EMI and the fees out separately, and best home loans puts it next to the rest of the board.

Personal loan — 5.0 / 5

From 10.00% as a starting rate, with a maximum of 15.30%, over terms of up to 6 years, on a fee of up to 1.5%. The cheapest provider we track for this product is HDFC Bank at 9.99%, 0.01 percentage points cheaper — a gap small enough that it will not decide the loan for you.

Fixed deposit — 2.0 / 5

Up to 6.45% for a regular customer on the 444 days (Amrit Vrishti) bucket, and 7.05% for senior citizens at 5–10 years. That ranks #12 of the 12 providers we track: the best payer, Suryoday Small Finance Bank, is at 8.25%, 1.80 percentage points better. If the deposit rate is what you are here for, compare SBI’s FD rates against the best FD interest rates before you book.

Rates and fees

Product	Advertised rate	Maximum rate	Terms	Fee
Home loan	7.25%	9.20%	Repo-linked (EBLR)	0.35%, min ₹2,000
Personal loan	10.00%	15.30%	Up to 6 years	Up to 1.5%
Fixed deposit	6.45%	—	7.05% for senior citizens	444 days (Amrit Vrishti); senior rate at 5–10 years

Updated 15 Aug 2026 · State Bank of India’s rate cards and published comparisons, across 3 products

How we rated this bank

We take no money for ratings, and no bank can influence one. Every score above is simple maths on a dated rate table — change the table and the score moves by itself. The full formula is published in how we rate products.

3 products rated	Every product we hold a dated rate for at State Bank of India. Each one scored on its own.
32 competitor rates compared	We score each product against every other provider we track for it.
₹0 paid for this rating	No bank can buy, change or even see a Credsir score before you do. The formula has no input for it.

Other PSU banks on the home loan board

Bank	Advertised home loan rate
Bank of Baroda	7.20%
Punjab National Bank	7.20%
State Bank of India	7.25%
Union Bank of India	7.35%
Canara Bank	7.40%

Updated 15 Aug 2026 · Published lender comparisons, cross-checked against our rate table

Rates on this page are checked against the lender’s published card and carry the date they were captured.