FD Schemes 2025: SBI Patrons, PNB 303-day, BoB Liquid, & more; what will be your maturity on 1 lakh investment in each?

A fixed deposit (FD) is a non-market-linked investment where you deposit a fixed amount with a bank for a set tenure at a predetermined interest rate. It offers guaranteed returns and is ideal for investors with a low-risk appetite.

SBI Patrons FD is a special fixed deposit scheme exclusively for super senior citizens aged 80 years and above. It offers an additional 0.10 per cent interest rate over the standard senior citizen rate, benefiting both new and existing investors. Currently, the scheme offers the highest interest rate of 7.6 per cent on a tenure of 2-3 years for super senior citizens. The scheme requires a minimum deposit of Rs 1,000, with a maximum deposit limit of Rs 3 crore.  

Punjab National Bank (PNB) has introduced two new fixed deposit tenures. The first is a 303-day FD, offering an interest rate of 7 per cent for general citizens. These FDs came into effect on January 1.  

PNB’s second FD offers a 506-day tenure at an interest rate of 6.7 per cent for general citizens.  

IDBI Bank has launched the IDBI Chiranjeevi-Super Senior Citizen FD as part of its limited-period Utsav FD scheme. The scheme is designed to meet the financial needs of individuals aged 80 years and above. The highest interest rate offered under this scheme is 8.05 per cent for a tenure of 555 days.  

Additional options include:   - 7.90 per cent for 375 days   - 8 per cent for 444 days   - 7.85 per cent for 700 days  

Bank of Baroda (BoB) has introduced the Liquid Fixed Deposit scheme for retail investors. BoB offers interest rates between 4.25 per cent and 7.15 per cent on regular fixed deposits for general citizens. The highest interest rate offered is 7.30 per cent on the BoB Utsav Deposit Scheme (400 days). Senior citizens receive an additional 0.50 per cent interest for deposits below Rs 3 crore.  

In SBI's Patron, you can earn an estimated: Maturity value: Rs 1,25,340.15 in 3 years   Interest earned: Rs 25,340.15

For a 303-day FD:  

Estimated maturity value: Rs 1,05,929.86   Estimated interest earned: Rs 5,929.86  

For a 506-day FD:  

Estimated maturity value: Rs 1,09,648.86   Estimated interest earned: Rs 9,648.86  

For 555 days at an 8.5 per cent interest rate:  

Estimated maturity value: Rs 1,13,643.08   Estimated interest earned: Rs 13,643.08  

For 444 days at an 8 per cent interest rate:    Estimated maturity value: Rs 1,10,114.96   Estimated interest earned: Rs 10,114.96  

For 700 days at a 7.85 per cent interest rate:  

Maturity value: Rs 1,16,077.72   Interest earned: Rs 16,077.72  

For 400 days at a 7.30 per cent interest rate:  

Estimated maturity value: Rs 1,08,250.60   Estimated interest earned: Rs 8,250.60