Senior folks should rejoice about the SBI FD Interest Rates! Get more interest and stay up to date on interest and returns

 Senior folks should rejoice about the SBI FD Interest Rates! Get more interest and stay up to date on interest and returns

Senior folks should rejoice about the SBI FD Interest Rates! Get more interest and stay up to date on interest and returns

SBI FD: Better and guaranteed returns on investments are what every investor hopes to achieve. Find out the return on your investment if purchasing FDs from State Bank of India (SBI) is something you are also considering. How much gain would you get each year if you put Rs 5 lakh in SBI FD? How much would investing in SBI boost your money?

Interest rates pertaining to SBI FD

3.00% for 7 to 45 days

180 to 210 days: 5.25 percent

Over 211 days but under a year – 5.75 percent

Over a year but under two years: 6.80%

Over two years but under three years: 7.00%

Over three but under five years: 6.50%

More than five years and up to ten years: 6.50%

Amrit Kalash Deposit Scheme: 400 days – 7.10%

Senior folks will get more attention.

All of these FD programs provide a 0.50 percent interest rate increase to senior folks. A one percent interest rate increase is offered for plans that last longer than five years and up to ten years.

This much return on investment—Rs. 5 lakh—will be yours.

In 1, 2, 3, 5, and 10 years, your money will rise by this amount if you choose to deposit Rs 5 lakh in an SBI FD. This represents the whole computation.

With a one-year FD interest rate of 5.75%, or Rs 5,29,376

6.80% interest on a two-year fixed deposit (FD) of Rs 5,72,187

With a three-year FD interest rate of 7.00%, or Rs 6,15,720

With a five-year FD interest rate of 6.50% = Rs 6,90,210

6.50% yield on FDs for a maximum of ten years = Rs 9,52,779

This much return will be given to senior persons on SBI FD.

6.25% interest on FD for a maximum of one year – Rs 5,31,990

With a two-year FD interest rate of 7.30%, or Rs 5,77,837

With a three-year FD interest rate of 7.50%, or Rs 6,24,858

With a five-year FD interest rate of 7.00%, or Rs 7,07,389

FD (SBI Care FD Scheme) for a maximum of 10 years at 7.50% interest costing Rs 10,51,175