SBI FD : The target of all investors is to get better and guaranteed returns on their investments. If you are also interested in buying FD from State Bank of India (SBI), then know how much return you will get on your investment. If you invest Rs 5 lakh in SBI FD, how much benefit will you get annually. How much will your money increase by investing in SBI?
SBI FD: Interest rates on SBI FD
7 days to 45 days – 3.00%
180 days to 210 days – 5.25%
More than 211 days but less than 1 year – 5.75%
More than 1 year but less than 2 years – 6.80%
More than 2 years but less than 3 years – 7.00%
More than 3 years but less than 5 years – 6.50%
Above 5 years and up to 10 years – 6.50%
400 days Amrit Kalash Deposit Scheme – 7.10%
Senior citizens will get extra interest
Senior citizens get 0.50 percent more interest on all these FD schemes. 1 percent more interest is available on schemes for more than 5 years and up to 10 years.
You will get this much return on investment of Rs 5 lakh
If you want to deposit Rs 5 lakh in SBI FD, then your amount will increase by this much in 1, 2, 3, 5 and 10 years. This is the complete calculation..
With 5.75% interest on FD up to 1 year – Rs 5,29,376
With 6.80% interest on FD up to 2 years – Rs 5,72,187
With 7.00% interest on FD up to 3 years – Rs 6,15,720
With 6.50% interest on FD up to 5 years – Rs 6,90,210
With 6.50% interest on FD up to 10 years – Rs 9,52,779
Senior citizens will get this much return on SBI FD
FD up to 1 year with 6.25% interest – Rs 5,31,990
With 7.30% interest on FD up to 2 years – Rs 5,77,837
With 7.50% interest on FD up to 3 years – Rs 6,24,858
With 7.00% interest on FD up to 5 years – Rs 7,07,389
FD up to 10 years with 7.50% interest (SBI Care FD Scheme) – Rs 10,51,175
