SBI 3-Year FD vs PSB 999-day FD: Which gives higher return on Rs 7,77,777 and Rs 12,22,222 investments for general and senior citizens? Know here
SBI 3-Year FD vs PSB 999-day FD: Investors can invest a lump sum amount in fixed deposit schemes and get a return on maturity. State Bank of India (SBI) offers a 3-year FD among many of its other schemes. Punjab and Sind Bank (PSB) offers a 999-day special FD.
SBI 3-Year FD vs PSB 999-day FD: Fixed deposit (FD) are guaranteed return schemes where investors get a fixed interest rate. They can make a one-time investment and get the interest amount on maturity. They can also opt for monthly, quarterly, half-yearly, or yearly withdrawals. The duration of FDs can be from 7 days to 10 years. Banks and small banks offer regular FDs and special FDs. They launch special FDs for a limited duration and extend the deadline to invest based on the investor interest. Special FDs can be callable and non-callable. Investors show interest in special FDs as such schemes offer slightly higher interest rates of a nearly similar or a little higher duration. Among many of its regular FDs, State Bank of India (SBI) runs a 3-year FD. On the other hand, Punjab and Sind (PSB) runs a 999-day special FD. Know what interest rates these FDs offer to investors, and what will general and senior citizens get in these guaranteed return schemes if they invest Rs 7,77,777 and Rs 12,22,222, respectively.
Photos: Unsplash/Pixabay
What is SBI 3-year FD?

SBI 3-year FD interest rate for general citizens

SBI 3-year FD interest rate for senior citizens

PSB 999-day FD interest rate for general citizens

PSB 999-day FD interest rate for senior citizens

SBI 3-year FD: Maturity for general citizens on Rs 7,77,777 investment

SBI 3-year FD: Maturity for general citizens on Rs 12,22,222 investment

SBI 3-year FD: Maturity for senior citizens on Rs 7,77,777 investment

SBI 3-year FD: Maturity for senior citizens on Rs 12,22,222 investment

PSB 999-day special FD: Maturity for general citizens on Rs 7,77,777 investment

PSB 999-day special FD: Maturity for general citizens on Rs 12,22,222 investment

PSB 999-day special FD: Maturity for senior citizens on Rs 7,77,777 investment
