Latest SBI FD Rates: How much you will get on Rs 6 lakh investment in SBI Amrit Vrishti, 1,3, and 5-year fixed deposits
Are you thinking of investing in a fixed deposit? Check out the latest interest rates offered by SBI. We have mentioned the rates for different FD options, including SBI's 1-year, 3-year, 5-year deposits, and SBI Amrit Vrishti FD. Plus, we will also find out how much you can earn if you invest Rs 6 lakh in one of these options. Let's take a look.
Looking for a safe and steady way to grow your money? Fixed deposits are a great option. They're lower-risk than investing in stocks and offer better interest rates than a regular savings account. One of India's top banks, State Bank of India (SBI), has a range of fixed deposit plans with attractive interest rates. Let's explore the latest SBI FD rates and see how much you could earn on a Rs 6 lakh investment.
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(Disclaimer: Our calculations are projections and not investment advice. Do your due diligence or consult an expert for financial planning)
SBI Amrit Vrishti
The tenure of State Bank of India Amrit Vrishti FD is 444 days.
Amrit Vrishti 444-day FD interest rates
The interest rate is 7.75 per cent for senior citizens and 7.25 per cent for general citizens.
SBI 1-year FD interest rates
The interest rate for senior citizens is 7.30 per cent, whereas the interest rate for general citizens is 6.80 per cent.
SBI 3-year FD interest rates
The interest rate is 7.25 per cent for senior citizens and 6.75 per cent for general citizens.
SBI 5-year FD interest rates
The interest rate is 7.50 per cent for senior citizens and 6.50 per cent for general citizens.
SBI Amrit Vrishti 444-day FD: What will general citizens get on Rs 6 lakh investment
The estimated maturity amount will be Rs 6,54,801. The estimated return will be Rs 54,801.
SBI Amrit Vrishti 444-day FD: What will senior citizens get on Rs 6 lakh investment
The estimated maturity amount will be Rs 6,58,722. The estimated return will be Rs 58,722.
SBI 1-year FD: What will general citizens get on Rs 6 lakh investment
The estimated maturity amount will be Rs 6,41,852 in a 1-year fixed deposit for general citizens. The estimated return will be Rs 41,852.
SBI 1-year FD: What will senior citizens get on Rs 6 lakh investment
The estimated maturity amount will be Rs 6,45,013 in a 1-year fixed deposit for senior citizens. The estimated return will be Rs 45,013.
SBI 3-year FD: What will general citizens get on Rs 6 lakh investment
The estimated maturity amount will be Rs 7,33,435 in a 3-year fixed deposit for general citizens. The estimated return will be Rs 1,33,435.
SBI 3-year FD: What will senior citizens get on Rs 6 lakh investment
The estimated maturity amount will be Rs 7,44,328 in a 3-year fixed deposit for senior citizens. The estimated return will be Rs 1,44,328.
SBI 5-year FD: What will general citizens get on Rs 6 lakh investment
The estimated maturity amount will be Rs 8,28,251 in a 5-year fixed deposit for general citizens. The estimated return will be Rs 2,28,251.
SBI 5-year FD: What will senior citizens get on Rs 6 lakh investment
The estimated maturity amount will be Rs 8,69,968 in a 5-year fixed deposit for senior citizens. The estimated return will be Rs 2,69,968.