STATE BANK OF INDIA
New York

Certificate of Deposit(CD)
Interest Rates (IR) and Annual Percentage Yield (APY).
Rates are effective from May 3,2019 Jan 1,2020

CORPORATE CERTIFICATE OF DEPOSIT
Duration
Interest Rates (IR)
(in %)
Annual Percentage Yield (APY)
(in %)
 3 Months  1.95  1.95
 6 Months   2.30   2.32
 12 Months  2.85  2.88
2 Years  2.95  2.98
  3 Years  3.00  3.03
  4 Years  3.10  3.14
  5 Years  3.20  3.24

For new bulk deposits of USD 1,000,000 and above, please contact the branch:

Contact details: mgrmkt.nyb@statebank.com , Tel: 212-521-3390, 212-521-3283

APY is applicable where interest is payable on maturity for cumulative CD’s

Please read the complete disclosure of account terms and fee schedule in the Customer Manual

* Rates are subject to change without prior notice