SBS Recurring Deposit

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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

SN	Period of Deposit	Normal	Sr. Citizens
1	180 days to 269 days	5.75%	6.25%
2	270 days to 364 days	6.00%	6.50%
3	1 year to less than 2 years	7.25%	8.00%
4	2 years to less than 5 years	7.25%	8.25%
5	Above 5 years	7.25%	8.25%