Term Deposits
Maximise the growth potential of your cash by making use of attractive interest returns. SBI, Frankfurt is a member of "Einlagensicherungsfonds des Bundesverbandes deutscher Banken (BdB)". All this means that your hard-earned money gets what it deserves ; highest safety.
We offer:
- Attractive and most competitive interest rates
- Flexible deposit periods of up to 12 months
- Available in EUR, GBP and USD
- View of your Term Deposit accounts online
Interest rates (for amount upto EUR/USD/GPB 100,000*) at present are:
| Period | Euro | US-Dollars | Pounds |
|---|---|---|---|
| 1 month | 1.35% | 3.25% | 2.10% |
| 3 months | 1.95% | 3.70% | 2.55% |
| 6 months | 2.35% | 4.65% | 3.10% |
| 12 months | 3.35% | 5.35% | 3.65% |
*For deposits in excess of EUR/USD/GPB 100,000, kindly contact Ms. A.Bhattacharjya, Senior Vice President at +49-69-27237-123 for interest rates.
Please note that premature encashment is normally not permitted. Interest is payable on simple (non compounding) basis. Tax, as applicable, is recovered at source as per local laws. Interest rates are subject to change from time to time. A deposit, once accepted, however, is not subject to such changes in interest rate.
For more details, please contact:
Mr.Neeraj Mathew Joseph
Tel. +49-69-27237-133
please click here for e-mail