STATE BANK OF INDIA
New York

Interest Rates (IR) and Annual Percentage Yield (APY).
Rates are effective from Mar 17,2020

SENIOR CITIZEN CERTIFICATE OF DEPOSIT
Duration Interest Rates (IR)
(in %)
Annual Percentage Yield (APY)
(in %)
12 Months 1.55 1.56
2 Years 1.55 1.56
3 Years 1.55 1.56
4 Years 1.55 1.56
5 Years 1.60 1.61
For new bulk deposits of USD 500,000 and above, please contact the branch:
Contact details: mgrmkt.nyb@statebank.com , Tel: 212-521-3390, 212-521-3318
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.