SBI Senior Citizen FD Rates: Know what PSU bank is giving on Rs 50,000, Rs 1,00,000, and Rs 1,50,000 investments in fixed deposits

SBI FD Schemes: On an investment of Rs 50,000, the senior citizens can get Rs 53,751 on maturity. They can get Rs 1,07,502 and Rs 1,61,253 on Rs 1 lakh and Rs 1.5 lakh investments respectively.

Bhawna Gupta | Jan 31, 2025, 02:25 PM IST

Senior citizens get higher interest rates on fixed deposits (FDs) than general citizens. The difference in the interest rate depends on the banks. Banks also provide special FD schemes. In these schemes also, senior citizens get more interest in their investments.The senior citizen FD scheme is for Indian residents over 60. 

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Here is what senior citizens can get on maturity of Rs 50,000, Rs 1 lakh and Rs 1.5 lakh investments in FD schemes.

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SBI nomination facility

SBI nomination facility

SBI offers a nomination feature, allowing depositors to nominate family members or spouses to collect the maturity money in case of account holder's death.

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SBI Amrit Vrishti Scheme: Interest rate

SBI Amrit Vrishti Scheme: Interest rate

In the SBI Amrit Vrishti scheme, senior citizens get a 7.75 per cent interest rate. The tenure of this scheme is 444 days.

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Know the maturity amount on Rs 50,000, Rs 1 lakh, and Rs 1.5 lakh investments?

Know the maturity amount on Rs 50,000, Rs 1 lakh, and Rs 1.5 lakh investments?

On an investment of Rs 50K, the senior citizens can get Rs 54,965 on maturity. They can get Rs 1,09,930, and Rs 1,64,894 on Rs 1 lakh and Rs 1.5 lakh investments respectively.

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SBI 1-year FD scheme

SBI 1-year FD scheme

On 1-year FD schemes, SBI gives 7.30 per cent interest rate to senior citizens.

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Know the maturity amount on Rs 50,000, Rs 1 lakh, and Rs 1.5 lakh investments?

Know the maturity amount on Rs 50,000, Rs 1 lakh, and Rs 1.5 lakh investments?

On an investment of Rs 50,000, the senior citizens can get Rs 53,751 on maturity. They can get Rs 1,07,502 and Rs 1,61,253 on Rs 1 lakh and Rs 1.5 lakh investments respectively.

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SBI 3-year FD scheme

SBI 3-year FD scheme

On 3-year FD schemes, SBI gives 7.25 per cent interest rate to senior citizens.

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Know the maturity amount on Rs 50,000, Rs 1 lakh, and Rs 1.5 lakh investments?

Know the maturity amount on Rs 50,000, Rs 1 lakh, and Rs 1.5 lakh investments?

On an investment of Rs 50,000, the senior citizens can get Rs 62,027 on maturity. They can get Rs 1,24,055, and Rs 1,86,082 on Rs 1 lakh and Rs 1.5 lakh investments respectively.

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SBI 5-year FD scheme

SBI 5-year FD scheme

On 5-year FD schemes, SBI gives 7.50 per cent interest rates to senior citizens.

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