State Bank of India is offering a 2.5% APY 1 year CD, a 1.90% APY 3 month certificate of deposit, a 2.20% APY 6 month CD, a 2.75% 2 year CD, a 3% 3 year CD, and a 3.40% 5 year CD through any of their California branches. To get these rates you need to deposit at least $50,000. CDs are also available with lower rates with a minimum deposit of just $1,000. To visit their site click here.
They’re also offering a money market account with a 2% APY for balances from $50,000 to $100,000 and 2.15% APY for balances from $100,000 to $250,000.
State Bank of India New York is offering a 2.07% APY 1 year CD and a 2.42% APY 2 year CD at their bank branches.
If you live in Chicago, their branches are offering a 2.32% APY 1 year CD and a 2.43% APY 2 year CD.
The State Bank of India banks have a 3 out of 5 star soundness rating from bankrate and is FDIC insured.
How can I open a CD account with your institution?
You need to go to the State Bank of India’s website, the link is in the post.