Certificate of Deposit Account
Certificate of Deposit(CD)
Interest Rates (IR) and Annual Percentage Yield (APY).
Rates are effective from July 30,2021
| RETAIL CERTIFICATE OF DEPOSIT | |||||
|---|---|---|---|---|---|
| Duration | Interest Rates (IR) (in %) |
Annual Percentage Yield (APY) (in %) |
|||
| 3 Months | 0.15 | 0.15 | |||
| 6 Months | 0.25 | 0.25 | |||
| 12 Months | 0.50 | 0.50 | |||
| 2 Years | 0.55 | 0.55 | |||
| 3 Years | 0.70 | 0.70 | |||
| 4 Years | 0.85 | 0.85 | |||
| 5 Years | 1.00 | 1.00 | |||
PROMOTIONAL OFFER
Golden Anniversary Celebrations of SBI New York
Get additional 0.10% interest on all Individual CDs with tenor of 1 year and above*
Promotion period: 15th Sept 21 to 15th Dec 21
*T&C Apply
For new large value 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
