SBI Special FD vs Bank of India 400-day FD vs PNB 400-day FD: What will general and senior citizens get on Rs 8.5 lakh and Rs 17 lakh investments in these 3 foxed deposit schemes
SBI Sarvottam vs PNB 400-day FD vs Bank of India 400-day FD: Special FDs are non-callable, allowing investors to get returns only on maturity. Banks start special FDs for a limited period. Depending on public response, the bank can close a special FD or extend its deadline to invest. All leading banks, such as State Bank of India (SBI), Punjab National Bank (PNB), Canara Bank, HDFC Bank, and Bank of India, run special FDs.
SBI Sarvottam vs PNB 400-day FD vs Bank of India 400-day FD: Special fixed deposit (FD) schemes are popular among investors who want to get higher interest rates than regular FDs for specific time periods. Special FDs are non-callable, allowing investors to get returns only on maturity. Banks start special FDs for a limited period. Depending on public response, the bank can close a special FD or extend its deadline to invest. All leading banks, such as State Bank of India (SBI), Punjab National Bank (PNB), Canara Bank, HDFC Bank, and Bank of India, run special FDs. In this write-up, we will tell about the interest rates that SBI Sarvottam, PNB 400-day, and Bank of India 400-day special FDs are offering to general and senior citizens. Also know what general and senior citizens will get on investments of Rs 8.50 lakh and Rs 17 lakh in each of 3 FDs.
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SBI Sarvottam FD interest rate for general citizens
SBI Sarvottam offers FDs of 1-year and 2-year durations.
The interest rate in its 1-year FD is 7.10 per cent.
The interest rate in its 2-year FD is 7.40 per cent.
SBI Sarvottam FD rate for senior citizens
It is offering a 7.60 per cent interest rate to senior citizens in its 1-year FD.
Senior citizens can get a 7.90 per cent interest rate in its 2-year FD.
PNB 400-day FD interest rate for general citizens
The interest rate for general citizens in its 400-day FD is 7.30 per cent.
PNB 400-day FD interest rate for senior citizens
Senior citizens get 7.80 per cent interest in the 400-day FD.
Bank of India 400-day FD interest rate for general citizens
The lender is offering a 7.30 per cent interest rate to general citizens in its 400-day FD.
Bank of India 400-day FD interest rate for senior citizens
The interest rate in its 400-day FD for senior citizens is 7.80 per cent.
SBI Sarvottam Special FD: Maturity amounts on Rs 8.50 lakh and Rs 17 lakh for general citizens
In the 1-year FD, a Rs 8.50 lakh investment in the scheme will help general citizens get an estimated interest of Rs 61,975.92, and the estimated maturity amount of Rs 9,11,975.92.
On a Rs 17 lakh investment, the estimated interest will be Rs 1,23,951.83 and the estimated maturity will be Rs 18,23,951.83.
In the 2-year FD, a Rs 8.50 lakh investment will give an estimated interest of Rs 64,667.10, and the estimated maturity of Rs 9,14,6,67.10.
On a Rs 17 lakh investment in the 2-year FD, gneral citizens will get an estimated interest of Rs 1,29,334.20, and the estimated maturity of Rs 18,29,334.20.
SBI Sarvottam Special FD: Maturity amounts on Rs 8.50 lakh and Rs 17 lakh for senior citizens
In the 1-year FD, a Rs 8.50 lakh investment in the FD will help senior citizens get an estimated return of Rs 66,464.53, and the estimated maturity of Rs 9,16,464.53.
On Rs 17 lakh investment, they can get an estimated interest of Rs 1,32,929.06 and the estimated maturity of Rs 18,32,929.06.
In the 2-year FD, the estimated interest of Rs 1,43,959.38, and the estimated maturity of Rs 9,93,959.38.
In the 2-year FD, the estimated interest of Rs 1,38,331.28, and the estimated maturity of Rs 18,38,331.28.
PNB 400-day Special FD: Maturity amounts on Rs 8.50 lakh and Rs 17 lakh for general citizens
A Rs 8.50 lakh investment in the scheme will help one general citizens get an estimated return of Rs 70,130.14, and the estimated maturity of Rs 9,20,130.14.
On a Rs 17 lakh investment, they can get an estimated interest of Rs 1,40,260.27 and the estimated maturity of Rs 18,40,260.27.
PNB 400-day Special FD: Maturity amounts on Rs 8.50 lakh and Rs 17 lakh for senior citizens
A Rs 8.50 lakh investment in the scheme will help senior citizen get estimated return of Rs 75,091.87, and the estimated maturity of Rs 9,25,091.87.
On a Rs 17 lakh investment, senior citizens can get an estimated interest of Rs 1,50,183.75 and the estimated maturity of Rs 18,50,183.75.
Bank of India 400-day Special FD: Maturity amounts on Rs 8.50 lakh and Rs 17 lakh for general citizens
A Rs 8.50 lakh investment in the scheme will help one get estimated return of Rs 70,130.14, and the estimated maturity of Rs 9,20,130.14.
On a Rs 17 lakh investment, general citizens will get estimated interest of Rs 1,40,260.27 and the estimated maturity of Rs 18,40,260.27.
Bank of India 400-day Special FD: Maturity amounts on Rs 8.50 lakh and Rs 17 lakh for senior citizens
A Rs 8.50 lakh investment in the scheme will help senior citizens get estimated return of Rs 75,091.87, and the estimated maturity of Rs 9,25,091.87.
On a Rs 17 lakh investment, senior citizens will get estimated of Rs 1,50,183.75 and estimated maturity of Rs 18,50,183.75.