Interest Rates for SDL Investments

What is the interest rate for SDL investments?

Interest rates on State Development Loans (SDLs) aren't static. They're ascertained through auctions run by the Reserve Bank of India (RBI). While the central bank conducts these auctions biweekly, the precise details and results are accessible on its official website. The determining factors for the SDL interest rate encompass the issuing state government, bond maturity, and prevailing market dynamics. Generally, SDL rates tend to surpass those on government bonds, signifying potentially greater returns, albeit with a heightened credit risk.

For a more vivid understanding, here are some SDL interest rates:
  • 7.42% ANDHRA SDL 2031
    Maturity Date: September 14, 2031
    Interest Rate: 7.42%
  • 7.16% KARNATAKA SDL 2030
    Maturity Date: January 8, 2030
    Interest Rate: 7.16%
  • 8.26% GUJARAT SDL 2031
    Maturity Date: January 13, 2031
    Interest Rate: 8.26%
Please note that these figures are representative and might change over time. For real-time interest rates on SDLs, it's best to refer to the RBI's website or consult the National Stock Exchange (NSE).


    • Related Articles

    • What is the interest rate on investing in G-Secs?

      The interest rate for Government Securities (G-Secs) is influenced by various factors, including prevailing market conditions, fund demand and supply, inflation expectations, and the government's credit quality. This rate is decided during the ...

    • What is the rate of interest investing in Treasury bills?

      The interest rate for Treasury Bills (T-Bills) isn't pre-set; instead, they are issued at a discount to their face value and mature at par. The interest earned is the difference between the face value and the issue price. The maturity period of ...

    • What is the interest rate for Margin Trading Facility (MTF) in FYERS?

      If you’re using Margin Trading Facility (MTF), it’s important to understand how interest is charged on your borrowed amount. We apply a slab-wise interest rate based on your total borrowed amount on any given day. This structure ensures transparency ...

    • How is interest on SGB calculated and paid?

      SGBs come with a fixed interest rate of 2.50% p.a. based on the initial investment. This interest is disbursed semi-annually directly into the investor's bank account. To illustrate, if Mr. M invests ₹10,00,000 in an SGB issue, he will earn an annual ...

    • How often is interest charged on MTF positions?

      Interest on Margin Trading Facility (MTF) positions is charged on a daily basis but is deducted once every 7 days as a consolidated entry. This means your daily usage is recorded, and the total interest is reflected in your ledger weekly. How MTF ...