Recurring Deposit




Earn the interest rate of Fixed Deposit with State Bank of Sikkim Recurring Deposit Scheme.

No matter how small your monthly investments are, you will enjoy the interest rates as high as that of Fixed Deposit.

Higher interest rates for Sr. Citizens

Rate of Interest (w.e.f. 24.11.2016)

Sl. No.Period of DepositNormalSr. Citizens
11 year to 3 years7.35% 7.85%
2Above 3 years to 5 years7.30% 7.80%
3Above 5 years 7.30%7.80%

Senior Citizen means Person of 58 years and above.



Penalty
Penalty of 1% shall be levied for premature closure.

Account Opening Form
Click here to Download Form




© All Rights Reserved 2014-2019 – State Bank of Sikkim
For suggestions/complaints mail to webmaster: info@statebankofsikkim.com, Amit Gurung, Assistant Manager (IT), State Bank of Sikkim