State Bank of India, Mainzer Landstrasse 61, 60329 Fankfurt am Main/ Germany, Phone: + 49-69-27237-0

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 our deposits are insured under German deposit insurance up to a cover of Euro 32 million per customer. All this means that your hard-earned money gets what it deserves ; highest safety.


We offer:


Interest rates (for amount upto EUR/USD/GPB 100,000*) at present are:

Period Euro US-Dollars Pounds
1 month 1.50% 0.50% 0.75%
3 months 2.00% 1.15% 1.35%
6 months 2.25% 1.45% 1.65%
12 months 3.00% 1.70% 2.00%

*For deposits in excess of EUR/USD/GPB 100,000, kindly contact Mr. F Ramb, Vice President at +49-69-27237-118 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. S. Burman
Tel. +49-69-27237-133

please click here for e-mail



STATE BANK OF INDIA

Mainzer Landstrasse 61
60329 Fankfurt am Main
Germany
Phone: +49-69-27237-0
www.statebank-frankfurt.com