SBI Fixed Deposit Schemes: There was a huge fall in the stock market last week, due to which investors lost lakhs of crores of rupees. Investors who were thinking of investing money in the stock market are now thinking a lot. If you are also planning to start investing in the coming days and do not want to take any kind of risk, then bank FD will be the best and safest option for you. Many banks of the country are giving tremendous returns on fixed deposits (FD). Here we will learn about a special FD scheme of State Bank of India (SBI), in which by depositing just Rs 1 lakh, you will get fixed interest up to Rs 64,227.
A total of Rs 1,64,227 will come to the account on maturity
Fixed returns of up to Rs 64,227 can be earned by depositing just Rs 1 lakh in the FD scheme of State Bank of India. On maturity of this scheme, a total of Rs 1,64,227 will come into your bank account. Let us tell you that FD account can be opened in State Bank of India for a minimum period of 7 days to a maximum of 10 years. SBI is giving interest ranging from 3.05 percent to 7.15 percent to its customers on FD accounts. This government bank is offering bumper interest of 6.05 percent to general citizens, 7.05 percent to senior citizens and 7.15 percent to very senior citizens on fixed deposit accounts with tenure ranging from 5 years to 10 years.
On depositing Rs 1 lakh, you will get fixed interest up to Rs 64,227.
If you deposit Rs 1 lakh in a 7-year FD scheme in State Bank of India, then an ordinary citizen will get a total of Rs 1,52,246 on maturity, which includes interest of Rs 52,246. If you are a senior citizen and deposit Rs 1 lakh in SBI’s 7-year FD scheme, then you will get a total of Rs 1,63,101 on maturity, which includes interest of Rs 63,101. Similarly, if you are a very senior citizen and deposit Rs 1 lakh in SBI’s 7-year FD scheme, you will get a total of Rs 1,64,227 on maturity, which includes interest of Rs 64,227.
