SBI offers different types of financial products, including credit cards and savings accounts. The interest rate charged by SBI on credit cards can go up to 3.50% per month or 42% per annum, but it varies from card to card. On the other hand, SBI offers a competitive rate of interest on its savings bank account deposits. For Savings Deposits balance of up to Rs. 1,00,000, 2.70% interest rate is offered. For balance that is above Rs. 1,00,000, it is 2.70% p.a. as well. It is important to note that these interest rates are subject to change by the bank at their own discretion. SBI savings account has many salient features to offer, including accessibility and liquidity, no minimum balance policy for most of its savings accounts, and no charges for opening or operating it.