SBI FD: Post office government investment schemes have their own charm. They offer guaranteed returns and fixed income and attracts a large population in India. Fixed Deposit (FD) is one such scheme, where investors invest money considering it as a safe investment option. An FD can be made in any bank or post office for different time periods at all places. Interest rates also vary according to time.

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However, the objective of all investors is to get better and guaranteed returns on investment.

If you are also interested in buying a FD from State Bank of India (SBI), know that for how much return will you get on your investment?

If you invest Rs 5 lakh in a SBI FD, how much profit will you get per year and how much will your amount increase.

SBI FD: Interest rates on different FDs in SBI

  • 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%

SBI FD: Additional interest to senior citizens

Senior citizens get 0.50 percent more interest on all these FD schemes. On schemes for more than 5 years and up to 10 years, 1 per cent more interest is available.

In such a situation, senior citizens are given interest at the rate of 7.50 per cent.

SBI FD: Return you will get on Rs 5 lakh investment

If you want to deposit Rs 5 lakh in a SBI FD, how much will your amount increase in 1, 2, 3, 5 and 10 years. Know the calculation according to SBI FD Calculator-

  • 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
  • On FD up to 5 years with 6.50% interest – Rs 6,90,210
  • With 6.50% interest on FD up to 10 years – Rs 9,52,779

SBI FD: Returns senior citizens will get

  • 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
  • With 7.50% interest on FD up to 10 years – Rs 10,51,175