State Bank of India Offering 1.86% APY for 5-Year CDs

08/24/2012 12:24 am Filed Under: Best CD Rates by

The New York branch of State Bank of India has increased the interest rate for its 5 year CDs from 1.81% to 1.86% with a minimum deposit of $5,000.

This boost puts State Bank of India on top of the leader board for 5-year CDs and it narrowly edges out CIT Bank’s rate of 1.85%.

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