Interest Rates

NOTE :
Interest on Ordinary Deposit is payable on 28th February and 31st August every year
As per local regulations, withholding tax is deductible on the interest before payment at the applicable rates, unless exempted according to the law.Deposit insurance scheme does not cover the deposits made with our branch

Note :
For deposits in currencies other than JPY, there is a potential risk of loss arising out of fluctuations in currency values.

Terms and Conditions

Term Deposits

We at SBI Japan Offer Term Deposits in JPY, USD, EUR and GBP.
We offer very competitive interest rates on Term Deposits.
For current interest rates on deposit and other details of depoists, please contact:
Tokyo Branch: Phone 03-3284-0198 and 03-3284-0097
E-mail- avprem.tokyo@statebank.com, sbitok@gol.com
Osaka Branch: Phone 06-6271-3237
Email – sbiosaka@gol.com

Minimum Period The minimum period the deposit would be kept is one month
Minimum Amount The minimum amount is USD 5,000/ EURO 3000/ GBP 2500/ JPY 1 million
Premature Payment Premature payment will attract a penalty of 0.10% for JPY Deposits and 0.25% for deposits in other currencies, on interest applicable for the actual period for which the deposit has run, subject to review. However, in no case the interest will be -ve. In case the interest rate calculated comes to -ve, it will be deemed as zero.
Roll over The deposits will be rolled over at the end of maturity period for the same amount and for the same period unless otherwise instructed
Loans Overdrafts may be allowed against the fixed deposits subject to the Bank’s usual guidelines etc
Withholding tax As per local regulations, withholding tax is deductible on the interest before payment at the applicable rates, unless exempted according to the law.
Insurance Deposit insurance scheme does not cover the deposits made with our branch

Ordinary Deposit

We ar SBI Japan offer Ordinary Deposits in JPY only.
We offer very competitive interest rates on Ordinary Deposits.
For Current interest rates on deposits and other details of deposits, please contact :
Tokyo Branch: Phone 03-3284-0198 and 03-3284-0097
E-mail- avprem.tokyo@statebank.com, sbitok@gol.com
Osaka Branch: Phone 06-6271-3237
Email – sbiosaka@gol.com