SBI FD combo: What do you get on Rs 40k to Rs 1.5 lakh investments, check here

Zee Biz web team

ZeeBiz Desk

Jul 11,2024

Fixed deposits (FDs) are popular because they are one of the most secure investment solutions accessible on the market.

An FD is a sort of investment in which a person invests a lump sum amount with a bank for a certain period.

Returns on FD

The returns are assured, and there is no actual danger of capital loss.

The interest rate on an FD

The interest rate varies from bank to bank. It also depends on the period of investment and the amount deposited.

What do you get on Rs 40k investment?

Suppose, you invest Rs 40,000 for one year, you will get Rs 42,790 on maturity. The interest will be Rs 2,790 at a 6.8 per cent interest rate.

What do you get on Rs 80k investment in 3 years?

Similarly, if you invest Rs 80,000, you will get Rs 97,791 on maturity. The interest will be Rs 17,791 at a 6.75 per cent interest rate.

What do you get on Rs 1.20 lakh investment in 5 years?

If you invest Rs 1,20,000, the maturity amount will be Rs 1,65,650 with Rs 45,650 interest at a 6.50 per cent interest rate.

What do you get on Rs 1.50 lakh investment in 5 years?

Similarly, if you invest Rs 1,50,000, you will get Rs 2,07,063 at an interest rate of 6.50 per cent yearly. The interest amount will be Rs 57,063.