STATE BANK OF INDIA
New York

Interest Rates (IR) and Annual Percentage Yield (APY).
Rates are effective from Aug 1,2019

SENIOR CITIZEN CERTIFICATE OF DEPOSIT
Duration Interest Rates (IR)
(in %)
Annual Percentage Yield (APY)
(in %)
12 Months 2.60 2.62
2 Years 2.65 2.67
3 Years 2.75 2.78
4 Years 2.80 2.83
5 Years 2.85 2.88
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.