State Bank of India
The Banker to Every Indian
Headquarters: Mumbai, Maharashtra
Official Bank WebsiteOfficial Published Interest Rates (2026)
Direct benchmark & card rates verified from SBI's official circulars
| Credit / Deposit Product | Starting Rate | Effective Range | Lending Benchmark | Calculator |
|---|---|---|---|---|
| SBI Regular Home Loan | 8.00% p.a. | 8.00% – 9.65% | EBLR (8.65%) | Calculate EMI→ |
| SBI Xpress Credit Personal Loan | 10.30% p.a. | 10.30% – 15.10% | 2-Year MCLR (8.95%) | Calculate EMI→ |
| SBI Retail Domestic Term Deposit (3 Years to < 5 Years) | 6.80% p.a. | 6.50% – 7.10% | Card Rate | Calculate EMI→ |
| SBI New Car Loan | 8.65% p.a. | 8.65% – 9.80% | 1-Year MCLR (8.95%) | Calculate EMI→ |
| SBI Certified Pre-Owned Car Loan | 10.25% p.a. | 10.25% – 12.50% | SBI Base Spread | Calculate EMI→ |
| SBI Personal Gold Loan | 8.75% p.a. | 8.75% – 9.85% | 1-Year MCLR (8.95%) | Calculate EMI→ |
| SBI Recurring Deposit (3 Years) | 6.80% p.a. | 6.50% – 7.10% | Card Rate | Calculate EMI→ |
| SBI Student Loan Scheme | 8.20% p.a. | 8.20% – 10.50% | EBLR (8.65%) | Calculate EMI→ |
SBI Official Rate Calculators
Simulate monthly EMIs and deposit maturity values pre-filled with verified SBI rates
SBI Home Loan EMI Calculator
Calculate your monthly instalment (EMI) and interest on an SBI home loan using SBI's official published interest rate starting from 8.00% p.a. benchmarked to EBLR.
SBI Personal Loan EMI Calculator
Estimate monthly instalments on an SBI Personal Loan (Xpress Credit / Quick Personal Loan) based on your income and loan amount.
SBI FD Calculator
Calculate your maturity value and interest earnings on SBI domestic retail term deposits with standard quarterly compounding.
SBI Car Loan EMI Calculator
Estimate monthly EMIs on an SBI New Car Loan with flexible repayment tenures and financing up to 90% of on-road vehicle price.
SBI Used Car Loan EMI Calculator
Calculate monthly instalments on second-hand passenger car financing through SBI Certified Pre-Owned Car Loans.
SBI Gold Loan Calculator
Calculate estimated monthly EMI and interest for borrowing against hallmarked gold ornaments with State Bank of India.
SBI RD Calculator
Plan your monthly recurring savings with State Bank of India. Build a predictable maturity fund through automated monthly debits.
SBI Education Loan EMI Calculator
Calculate monthly repayment schedules on SBI higher education loans for premier institutions in India and abroad.
Rate Sourcing & Regulatory Disclosures
Direct official circular citations and borrower qualification rules for State Bank of India
8.00% p.a.
8.00% – 9.65% p.a.
floating RateEBLR (8.65%)
Applicable Conditions & Eligibility Factors:
- Starting rate of 8.00% p.a. for CIBIL score 750+ under special campaign
- 0.05% concession for women borrowers
- EBLR linked floating rate with periodic reset
Source: SBI Official Portal - Home Loan Interest Rates
Rates subject to borrower risk-grade & RBI regulatory changes.10.30% p.a.
10.30% – 15.10% p.a.
floating Rate2-Year MCLR (8.95%)
Applicable Conditions & Eligibility Factors:
- Salary package account holders qualify for lowest tier
- Tenures up to 72 months
Source: SBI Official Portal - Personal Loans
Rates subject to borrower risk-grade & RBI regulatory changes.6.80% p.a.
6.50% – 7.10% p.a.
fixed RateRBI Repo Linked / Card Rate
Senior Citizens: up to 7.30% p.a.Applicable Conditions & Eligibility Factors:
- Quarterly compounding on cumulative retail term deposits
- 50 bps additional interest for senior citizens
- Premature withdrawal penalty of 0.50% to 1.00%
Source: SBI Official Portal - Term Deposit Interest Rates
Rates subject to borrower risk-grade & RBI regulatory changes.8.65% p.a.
8.65% – 9.80% p.a.
floating Rate1-Year MCLR (8.95%)
Applicable Conditions & Eligibility Factors:
- Up to 90% on-road financing
- Zero prepayment penalty on floating car loans
Source: SBI Official Portal - Auto Loans
Rates subject to borrower risk-grade & RBI regulatory changes.10.25% p.a.
10.25% – 12.50% p.a.
fixed RateSBI Base Spread
Applicable Conditions & Eligibility Factors:
- Finances certified pre-owned cars up to 5 years old
- Max tenure 5 years
Source: SBI Auto Loans Portal
Rates subject to borrower risk-grade & RBI regulatory changes.8.75% p.a.
8.75% – 9.85% p.a.
floating Rate1-Year MCLR (8.95%)
Applicable Conditions & Eligibility Factors:
- Up to statutory 75% LTV on net gold weight
- Bullet and monthly EMI modes available
Source: SBI Gold Loan Scheme Notice
Rates subject to borrower risk-grade & RBI regulatory changes.6.80% p.a.
6.50% – 7.10% p.a.
fixed RateRBI Repo Linked / Card Rate
Senior Citizens: up to 7.30% p.a.Applicable Conditions & Eligibility Factors:
- Compounded quarterly on monthly instalments per IBA standards
- Senior citizen 50 bps benefit
Source: SBI RD Rate Card
Rates subject to borrower risk-grade & RBI regulatory changes.8.20% p.a.
8.20% – 10.50% p.a.
floating RateEBLR (8.65%)
Applicable Conditions & Eligibility Factors:
- 0.50% concession for girl students
- Full tax deduction under Section 80E on interest
Source: SBI Education Loan Guidelines
Rates subject to borrower risk-grade & RBI regulatory changes.About State Bank of India
State Bank of India (SBI) is India's largest public sector commercial bank, serving over 50 crore customers through a network of 22,000+ branches nationwide.
SBI is a benchmark setter for Indian retail lending rates through its External Benchmark Lending Rate (EBLR), directly linked to the Reserve Bank of India's repo rate.
The bank offers some of the most competitive home loans, fixed deposits (including the specialized Amrit Kalash and Wecare schemes), and personal finance products in India.
Frequently Asked Questions: SBI
- How can I verify SBI's current interest rates officially?
- You can directly inspect current interest rates on SBI's official portal at sbi.co.in under 'Interest Rates' or on homeloans.sbi for specialized housing finance tariffs.
- What is SBI EBLR and how does it affect home loan EMIs?
- SBI's External Benchmark Lending Rate (EBLR) is linked directly to the Reserve Bank of India's policy repo rate. When the RBI adjusts the repo rate, SBI's EBLR resets, which directly updates the floating interest rate on home loans.