SBI Senior Citizen Latest FD Rates: Know your maturity amount on Rs 1 lakh-Rs 5 lakh investments in 1-year, 3-year, 5-year, and 10-year tenures
SBI Senior Citizen Latest FD Rates: Know your maturity amount on Rs 1 lakh-Rs 5 lakh investments in 1-year, 3-year, 5-year, and 10-year tenures
SBI provides various FD plans to general and senior citizens. The PSU bank also has some special FD schemes like SBI Amrit Vrishti. The FD tenure ranges from seven days to 10 years, and the depositors need to deposit at least Rs 1,000 to open an FD account however, there is no maximum deposit limit. Senior citizens can get 0.50 per cent extra interest than general citizens on almost all the FD plans.
Images: Pexels
Types of SBI Bank FD schemes
SBI Tax Saving Scheme
Reinvestment Plan
SBI Multi-Option Deposit Scheme
Money Multiplier Plan
Regular Fixed Deposit
Flexi Deposit Scheme
SBI senior citizen latest FD rates
A look at SBI senior citizen FD rates and what the public lender is giving on Rs 1 lakh, Rs 3 lakh, and Rs 5 lakh investments.
SBI 1-year FD scheme
On 1-year FD schemes, SBI gives a 7.20 per cent interest rate to senior citizens.
What will the maturity amount be on Rs 1 lakh, Rs 3 lakh, Rs 5 lakh investments in one year?
On an investment of Rs 1 lakh, the senior citizens can get Rs 1,07,397 on maturity. They can get Rs 3,22,190, and Rs 5,36,984 on Rs 3 lakh, and Rs 5 lakh investments, respectively.
SBI 3-year FD scheme
On 3-year FD schemes, SBI gives a 7.25 per cent interest rate to senior citizens.
What will the maturity amount be on Rs 1 lakh, Rs 3 lakh, Rs 5 lakh investments in three years?
On an investment of Rs 1 lakh, the senior citizens can get Rs 1,24,055 on maturity. They can get Rs 3,72,164, and Rs 6,20,273 on Rs 3 lakh, and Rs 5 lakh investments respectively.
SBI 5-year FD scheme
On 5-year FD schemes, SBI gives 7.50 per cent interest rates to senior citizens.
What will the maturity amount be on Rs 1 lakh, Rs 3 lakh, Rs 5 lakh investments in three years?
On an investment of Rs 1 lakh, the senior citizens can get Rs 1,24,972 on maturity. They can get Rs 3,74,915, and Rs 6,24,858 on Rs 3 lakh, and Rs 5 lakh investments respectively.
SBI 10-year FD scheme
On 10-year FD schemes, SBI gives 7.50 per cent interest rates to senior citizens.
What will the maturity amount be on Rs 1 lakh, Rs 3 lakh, Rs 5 lakh investments in three years?
On an investment of Rs 1 lakh, the senior citizens can get Rs 2,10,235 on maturity. They can get Rs 6,30,705, and Rs 10,51,175 on Rs 3 lakh, and Rs 5 lakh investments respectively.