State Bank of India has revised Interest rates for Domestic Term deposits "below one Crore" effective from the 12th May, 2011 would be as under :-
Term deposits for maturity period of “7 days to 14 days” will also be accepted for amounts of below Rs. One Crore.
Premature Payment of Term Deposits:
The Differential Rates of Interest (DRI rates for higher amount of deposits) for the day may be obtained from the DGM(SME) at the nearest Local Head Office through the nearest branch