SBS 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

SNPeriod of DepositNormalSr. Citizens
1180 days to 269 days5.75%6.25%
2270 days to 364 days6.00%6.50%
31 year to less than 2 years7.25%8.00%
42 years to less than 5 years7.25%8.25%
5Above 5 years7.25%8.25%

Senior Citizen means Person of 58 years and above.

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