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How To Open A New SBI Fixed Deposit Online 2023

Open FD in SBI Online

Fixed Deposits (FD) are popular among investors who want to earn higher returns than savings accounts and have a low-risk appetite.

If you are an SBI account holder and want to open an FD online, you can do so easily by using your net banking facility.

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In this article, you will get to know the following points on how to open an FD online in SBI,

Let’s see each of these points in detail.

Details required to open an SBI Fixed Deposit (FD)

You need the following details to open an SBI Fixed Deposit (FD) online,

  1. Internet Banking details
  2. Fixed deposit amount
  3. Tenure of deposit
  4. Registered mobile number

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Steps required to open an SBI Fixed Deposit (FD) Online

To open an SBI Fixed Deposit (FD) online,

Step 1: Go to the official website of SBI Online

The SBI Online website homepage
SBI Online homepage
  1. First, go to the official website of SBI Internet Banking at onlinesbi.sbi
  2. Next, click on the ‘Login’ button under Personal Banking.
  3. Next, click on the ‘Continue to Login’ button.
  4. A new page opens up.

(Direct link to the page)

Step 2: Log in to your Internet Banking account

  1. On the new page, enter your internet banking username and password in the specified fields.
  2. Next, enter the captcha code and click on the ‘Login’ button.
  3. An OTP will be sent to your registered mobile number.
  4. Enter it in the specified field and click on the ‘Submit’ button.
  5. You will be logged in.

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Step 3: Select the ‘Deposits & investments’ option

Deposit option under Deposit and investments SBI
The ‘Deposit’ option under ‘Deposit & Investments’ in OnlineSBI
  1. Once logged in, click on the ‘Deposits & investments’ option on the main menu.
  2. Now click on the ‘Deposit’ option.
  3. A new page will open up.

Step 4: Select the ‘e-TDR/e-STDR’ option

e TDR e STDR option
The ‘e-TDR/e-STDR’ option
  1. Now, click on the Fixed Deposit (FD) option.
  2. Next, click on the ‘e-TDR/e-STDR’ option.
  3. Next, click on the ‘Proceed’ button.
  4. A new page will open.

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Step 5: Fill in the details

FD fill details
Fill details page in SBI FD
  1. Now, select the account from which you want the amount to be debited.
  2. Next, enter the amount for Fixed Deposit (FD).
  3. Now, select the term deposit options.
  4. Next, fill out the remaining details based on the selection made.

Step 6: Create a Fixed Deposit

  1. Once you have entered all the details, check the “I Accept the Terms and Conditions” checkbox.
  2. Next, click on the ‘Submit’ button.
  3. Now, verify the details entered by you.
  4. Next, click on the ‘Continue’ button.

Your request to create a fixed deposit will be successfully submitted.

By following these steps, you can easily create a Fixed deposit account online through the official net banking portal onlinesbi.sbi.

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In case you are looking for Fixed Deposit under the Tax Saving scheme, you can also do it online through SBI.

Click to know the steps to invest in FD under the Tax Saving scheme


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(Disclaimer: The information provided in this article is for educational purposes only. The screenshots/logos used are the intellectual property of the respective owners. dreamtrixfinance.com neither endorses nor is affiliated with the brands/websites mentioned. This is not financial advice.)