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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

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Senior Citizen Certificate Of Deposit