SBI FD Scheme: Earn Guaranteed Returns of ₹41,826 by Investing ₹1,00,000

The State Bank of India (SBI), India’s most trusted public sector bank, continues to attract depositors with its reliable and secure Fixed Deposit (FD) schemes. Even though many banks reduced their FD interest rates after the Reserve Bank of India (RBI) cut the repo rate, SBI still offers stable and competitive returns. For individuals looking for a safe investment option, SBI FDs remain one of the most dependable choices.

This detailed guide explains how depositing ₹1 lakh in SBI FD can earn you a guaranteed return of ₹41,826, along with all key benefits and FAQs.

SBI FD Scheme

SBI Offers Highest Interest on 444-Day FD Scheme

SBI allows depositors to choose FD tenures between 7 days and 10 years, giving investors the flexibility to plan savings according to their financial goals. The bank currently provides interest rates ranging from 3.05% to 7.10%, depending on the FD duration and customer category.

The highest return is offered under the special 444-day Amrit Vrishti FD Scheme, where:

• Regular depositors earn up to 6.60%

• Senior citizens earn up to 7.10%

For a standard 5-year fixed deposit, SBI currently offers:

• 6.05% for regular customers

• 7.05% for senior citizens

This makes it an attractive option for individuals seeking a safe investment with predictable returns.

Deposit ₹1 Lakh and Get Guaranteed Interest Up to ₹41,826

If you invest ₹1,00,000 in an SBI FD for 5 years, your maturity amount will differ based on your age group.

For Regular Citizens (Below 60 Years)

• Total maturity amount: ₹1,35,018

• Guaranteed interest earned: ₹35,018

For Senior Citizens (60+ Years)

• Total maturity amount: ₹1,41,826

• Guaranteed interest earned: ₹41,826

This clearly shows that SBI provides additional benefits to senior citizens, helping them build long-term financial stability.

Benefits of SBI Saving Schemes / Fixed Deposits

1. Guaranteed and Stable Returns

SBI FDs provide fixed, assured returns throughout the entire tenure. Since FD rates remain unchanged once locked in, your investment becomes immune to market fluctuations, offering peace of mind.

2. Additional Interest for Senior Citizens

Senior citizens receive a 0.50% extra interest rate, which increases their overall maturity value. This makes SBI FD a preferred option for retirees looking for reliable monthly or long-term returns.

3. Flexible Tenure Choices

SBI offers FD tenures starting from 7 days up to 10 years, making it suitable for both short-term savers and long-term investors. You can choose a period that matches your financial planning goals.

4. Attractive Interest Rates

Despite nationwide reductions in FD rates, SBI still provides competitive interest rates ranging between 3.05% and 7.10%. Special schemes like the Amrit Vrishti 444-day FD help investors earn higher returns than regular savings accounts.

5. Safe and Trusted Investment

Being India’s largest and most reliable public sector bank, SBI ensures complete safety of your deposits. Your investment is backed by years of trust, strong financial stability, and regulatory compliance.

Frequently Asked Questions (FAQ)

What is the highest interest rate offered by SBI on FDs?

SBI offers a maximum rate of 7.10% for senior citizens under its 444-day Amrit Vrishti Special FD Scheme. Regular investors can earn up to 6.60%.

How much interest is earned on ₹1 lakh in a 5-year SBI FD?

• Regular citizens earn ₹35,018 total interest.

• Senior citizens earn ₹41,826 total interest.

What is the tenure range for SBI Fixed Deposits?

SBI provides FD options with durations from 7 days to 10 years, giving customers flexibility based on their financial needs.

Do senior citizens get extra benefits on SBI FDs?

Yes, senior citizens receive an additional 0.50% interest rate, allowing them to earn higher returns compared to regular customers.