SBI new rates
The country's largest bank, State Bank of India (SBI), has reduced its interest rates by 25 basis points after the Reserve Bank cut the policy repo rate. This made it cheaper for both existing and new customers to take loans. After the latest cut, SBI's External Benchmark Linked Rate (EBLR) has come down to 7.90 percent. The revised rates have come into effect from 15th December 2025 i.e. today. This decision has been taken by the Monetary Policy Committee of RBI after cutting the repo rate by 25 basis points for the fourth time this year, the objective of which is to support economic growth.
Changes in MCLR, base rate and FD rates also
SBI has also reduced the Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points for all tenors. Under this, one year MCLR has reduced from 8.75 percent to 8.70 percent. Apart from this, the bank has reduced the base rate/BPLR from 10 percent to 9.90 percent. These rates have come into effect from today.
| Duration | old mclr | New MCLR |
| overnight | 7.90% | 7.85% |
| 1 month | 7.90% | 7.85% |
| 3 months | 8.30% | 8.25% |
| 6 months | 8.65% | 8.60% |
| 1 year | 8.75% | 8.70% |
| 2 years | 8.75% | 8.70% |
| 3 years | 8.85% | 8.80% |
However, if we talk about fixed deposits, the bank has reduced the interest rate on FDs for tenure less than 2 years and up to 3 years by 5 basis points to 6.40 percent. There has been no change in the rates of FD schemes with other maturity periods. Along with this, the interest rate on 444 days special FD scheme Amrit Vrishti has also been reduced from 6.60 percent to 6.45 percent from December 15.
FD rates
| period of deposit | interest rates for general public | Interest rates for senior citizens |
| 7 to 45 days | 3.05% | 3.55% |
| 46 to 179 days | 4.90% | 5.40% |
| 180 to 210 days | 5.65% | 6.15% |
| 211 days to less than 1 year | 5.90% | 6.40% |
| 1 year to less than 2 years | 6.25% | 6.75% |
| 2 to 3 years period | 6.40% | 6.90% |
| less than 3 to 5 years | 6.30% | 6.80% |
| 5 to 10 years | 6.05% | 7.05% |
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