State Bank of India CD Rates
Category: Bank Profiles- gotalkmoney.com- 5:52 pm/ April 15, 2008As I did my CD rate research for Tuesday, a new bank that never pops up in the top ten suddenly appeared on top of all of the charts. This bank goes by the name of State Bank of India. Even though the name sounds fishy, don’t let this name fool you. We can take a look at the bank here –
The State Bank of India does have branches located in the United States. Some of their major locations include New York and Chicago.
Their CD rates are FDIC insured.
Most of the bank’s branches do reside in India but don’t let this scare you away from their great CD rates. Also, keep in mind that their rates do require a heavy initial investment of $95,000. Here are their rates as of 4.15.2008.
6 MONTHS – 3.65% APY
1 YEAR – 4.16% APY
2 YEAR – 4.16% APY
3 YEAR – 4.47% APY
5 YEAR – 4.68% APY
If these rates look appealing or you want more information, visit their website or call
- 6 Month CD %
- 1-year CD %
- 2-year CD %
- Money Market Account %
- Savings Account %
- 30-year Fixed Mortgage 3.62 %
Bank rates provided by MoneyRates.com based on average rates for deposits under $10K and conforming mortgage rates
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