Term Deposit
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Accepted from both Residents and Non - Residents
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Different rates of interest for different terms of period
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Accepted both in Euros and US Dollars.
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Minimum Deposit: US$1000 or €1000
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Minimum Period: 1 Month
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Premature Encashment: In case of Pre-mature withdrawal, the intrest shall be 0.25% below the rate applicable at the time of the Deposit for the period Deposit remained with the branch. No interest will be paid for deposit prematurely withdrawn before 1 Month.
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With-holding Tax: With-holding tax is recovered at applicable rate where interest is paid to resident depositors.
Term Deposit Card rates wef 12.11.2025
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Category |
I |
II |
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For amount less than USD/ EUR 200,000 |
For amount between USD/ EUR 200,000 - 500,000** |
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Tenor |
USD |
EUR |
USD |
EUR |
|
1 month to less than 3 month |
0.50 |
0.10 |
1.50 |
1.00 |
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3 months to less than 6 months |
0.75 |
0.20 |
3.50 |
1.75 |
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6 months to less than 1 Year |
1.50 |
0.30 |
3.75 |
2.00 |
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1 Year and above* |
2.75 |
0.40 |
4.00 |
2.25 |
*For deposits with tenor above 1 year, the rates will be reset in annual intervals
Note: For creation of deposit (upto EUR/USD 500,000) please contact below:
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Ms. Aparna Sinha AM (Accounts & Operations) Tel: +32/3/205 1404 Email: amacts.antwerp@sbi.co.in |
Mr. Ashish Tripathi Manager (Accounts & Operations) Tel: +32/3/205 1403 Email: mgrops.antwerp@statebank.com |
** For deposits above EUR/USD 500,000 kindly contact us for interest rates:
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Mr Prashant Shukla Manager (FIG, Credit Ops, Forex & SWIFT) Email: mgrbills.antwerp@sbi.co.in |
Mr Kiran Kumar K AM (Forex & SWIFT) Email: amforex.antwerp@sbi.co.in |
