We wish to inform our valued customers and the public that consequent to the decrease in the Repo Rate by 50 bps, our Prime Lending Rate will be 7.40% p.a. as from 1 April 2012.
 

Also note that our Savings Rate is 3.65 % p.a. and we are also servicing interest at 4.15 % on our SBI Gen Next, SBI 50+ and SBI Senior Savings Accounts.

Interests on all our Savings Accounts are paid monthly.