Certificates of Deposit (CDs)

Secure your savings with SBIC's certificate of deposit options. Earn high interest CD rates while keeping your money safe. Open a CD account today and start building your future with fixed returns.

START SAVING WITH SBIC

Grow Your Savings with SBIC's CDs & High Yield Products

Whether you’re looking for a short-term, high-yield savings option or planning for retirement, our secure accounts provide competitive rates, flexible terms, and FDIC-insured protection*.

WHAT WE OFFER

Types of Certificates of Deposits

At SBIC, we offer a variety of products depending on your needs:

Business CDs

With competitive rates, guaranteed returns, and flexible terms, our FDIC-insured CDs help you maximize idle funds with confidence. Start earning predictable returns today.

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IRA

Our IRA CDs offer flexible terms and are a safe way to grow your savings for a comfortable future. Take control of your retirement planning today and start building for tomorrow.

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Personal CDs

Whether your goal is for short or long-term savings, our CDs offer stability and competitive earnings tailored to your financial goals. Visit us today to get started.

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SBIC CD FEATURES

A Safe and Predictable Way to Grow Your Savings

A Certificate of Deposit (CD) is a secure, interest-bearing deposit account that allows you to earn a fixed return over a set term. It’s an excellent choice for savers who want to lock in a guaranteed interest rate without the risks of market fluctuations.

Competitive Fixed Interest Rates
Competitive Fixed Interest Rates

Earn higher returns than a traditional savings account.

Flexible Term Options
Flexible Term Options

Choose from 6, 12, 24, or 36 months to match your financial goals.

Low Minimum Deposit
Low Minimum Deposit

Start with as little as $1,000.

No Monthly Fees
No Monthly Fees

Keep all of your earnings without maintenance charges.

CD Laddering Strategy
CD Laddering Strategy

Open multiple CDs with staggered maturities for regular access to funds and higher overall returns.

GET STARTED TODAY

How to Open a CD or IRA with SBIC

Opening a secure savings account with SBIC is simple:

  • Choose Your Account Type – Select between a Personal or Business CD, Traditional IRA, or Roth IRA.
  • Apply Online or In-Branch – Complete the secure online application in minutes or visit any branch location for quick service.
  • Fund Your Account – Deposit at least $1,000 for CDs or contribute within IRS limits for IRAs.
  • Start Saving – Enjoy secure, guaranteed growth on your money.

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WHAT SETS US APART

Why Choose SBI California?

Flexibility
Flexibility

Terms ranging from 1 to 5 years with a minimum opening deposit of just $1,000.

Competitive APY Rates
High APY Rates

Enjoy competitive annual percentage yields up to 4.00% for a 1-year term. *

Dedicated NRI Banking Services
Dedicated NRI Banking Services

Personalized support tailored to NRIs and NRAs.

Our Testimonials

What Our Customers Are Saying

Real stories from satisfied customers who trust SBI California for their banking needs:

"A very pleasant experience. The staff have been highly courteous and knowledgeable providing prompt service opening my bank accounts!! Highly recommend SBIC banking services."

Tuhin G., Sunnyvale
Testimonial Image
Our Testimonials

What Our Customers Are Saying

Real stories from satisfied customers who trust SBI California for their remittance needs:

"Excellent, very helpful, very friendly. Helped me to open a new account. Very pleasant experience.

Sinclair Gas & Carwash, Cerritos
Our Testimonials

What Our Customers Are Saying

Real stories from satisfied customers who trust SBI California for their remittance needs:

"SBIC helped me open an account in under 20 minutes. Great staff!" 

Hari T., San Jose
Our Testimonials

What Our Customers Are Saying

Real stories from satisfied customers who trust SBI California for their banking needs:

"A very pleasant experience. The staff have been highly courteous and knowledgeable providing prompt service opening my bank accounts!! Highly recommend SBIC banking services."

Tuhin G., Sunnyvale
Testimonial Image
Our Testimonials

What Our Customers Are Saying

Real stories from satisfied customers who trust SBI California for their remittance needs:

"Excellent, very helpful, very friendly. Helped me to open a new account. Very pleasant experience.

Sinclair Gas & Carwash, Cerritos
Our Testimonials

What Our Customers Are Saying

Real stories from satisfied customers who trust SBI California for their remittance needs:

"SBIC helped me open an account in under 20 minutes. Great staff!" 

Hari T., San Jose

SBI California | Secure Banking | Competitive CD deposit Rates | Trusted Financial Partner

Early Withdrawal & Penalty Information

Withdrawing funds before the maturity date may result in penalties. SBI California ensures transparency in our CD investment terms:

  • Early withdrawals may reduce your earned interest. 
  • Penalty fees depend on the CD term and the amount withdrawn. 
  • Longer-term CDs may have higher penalties for early access. 
  • Exceptions may apply for certain financial hardships. 


*State Bank of India (California) is a member of the FDIC, which means your deposit accounts are insured up to $250,000 per depositor, per FDIC-insured bank, per ownership category.