SBI Green Deposit 1111-Day Special FD vs SBI 3-year FD: What will general and senior citizen depositors get on Rs 11 lakh and Rs 21 lakh investments?
SBI Green Deposit 1111-Day FD vs SBI 3-year FD Calculator: SBI Green Deposit is a special fixed deposit (FD) scheme for a limited period. The FD is also available for the 1777-day and 2222-day durations. The bank also offers a 3-year FD to general citizens and senior citizens.
SBI Green Deposit 1111-Day FD vs SBI 3-year FD Calculator: State Bank of India (SBI) offers special fixed deposit (FD) schemes such as SBI Green Deposit, SBI Amrit Kalash, SBI Amrit Vrishti, and SBI Sarvottam. These FDs offer additional interest rates compared to many of the bank's traditional FDs. The country's largest lender offers its highest interest rate in the Amrit Vrishti FD. But for investor who want to park their money in a special FD for durations of over 3 to 6 years, the bank offers SBI Green Deposit. On the other hand, the bank also offers traditional FDs such as 1-year, 3-year, and 5-year. In this write-up, we will tell about the interest rates that general and senior citizens get in SBI Amrit Green 1111-day FD and SBI 3-year FD, and what maturity amounts they will get on investments of Rs 11 lakh and Rs 21 lakh in both schemes.
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Interest rate for general citizens in SBI Green Deposit 1111-day special FD
SBI Green Deposit 1111-day special FD offers 6.65 per cent interest rate to general citizens in the retail category. In the bulk category, it is 6.40 per cent.
Interest rate for general citizens in SBI Green Deposit 1111-day special FD
The interest rate for senior citizens in the special FD is 7.15 per cent (retail category), while they get 6.90 per cent interest in the bulk category.
Interest rate for general citizens in SBI 3-year FD
The interest that the 3-year SBI FD offers to general citizens is 6.75 per cent.
Interest rate for senior citizens in SBI 3-year FD
The same FD offers a 7.25 per cent interest rate to senior citizens.
SBI Green Deposit 1111-day special FD: Maturity amount for general citizens on Rs 11 lakh investment
The estimated interest on a Rs 11 lakh investment will be Rs 2,44,552.30, while the estimated maturity amount will be Rs 13,44,552.30.
SBI Green Deposit 1111-day special FD: Maturity amount for general citizens on Rs 21 lakh investment
General citizens will get estimated interest of Rs 4,66,872.56, and estimated maturity of Rs 25,66,872.56 on investing Rs 21 lakh in the special FD.
SBI Green Deposit 1111-day special FD: Maturity amount for senior citizens on Rs 11 lakh investment
Senior citizens will get estimated interest of Rs 2,64,819.51, and estimated maturity of Rs 13,64,819.51.
SBI Green Deposit 1111-day special FD: Maturity amount for senior citizens on Rs 21 lakh investment
On a Rs 21 lakh investment, senior citizens will get estimated interest of Rs 5,05,564.52, and estimated maturity of Rs 26,05,564.52 in the special FD.
SBI 3-year FD: Maturity amount for general citizens on Rs 11 lakh investment
General citizens will get estimated interest of Rs 2,44,632, and estimated maturity of Rs 13,44,632, on a Rs 11 lakh investment in the 3-year FD.
SBI 3-year FD: Maturity amount for general citizens on Rs 21 lakh investment
A Rs 21 lakh investment in the 3-year SBI FD will help general citizen investors get estimated Rs 4,67,025 in interest and estimated Rs 25,67,025 in maturity.
SBI 3-year FD: Maturity amount for senior citizens on Rs 11 lakh investment
After investing Rs 11 lakh, senior citizens will get estimated Rs 2,64,602 in interest and estimated Rs 13,64,602 in maturity.
SBI 3-year FD: Maturity amount for senior citizens on Rs 21 lakh investment
On a Rs 21 lakh investment, senior citizens will get estimated Rs 5,05,149 in interest and estimated Rs 26,05,149 in maturity.