SBI FD Rates provide attractive returns through their Amrit Vrishti scheme and standard tenures of 1, 3, and 5 years. SBI fixed deposits provide senior citizens with elevated interest rates which make them an excellent investment opportunity. The SBI Amrit Vrishti FD provides senior citizens a 7.35% interest rate for its 444-day term while others receive 6.85%. Senior citizens who invest Rs 20 lakh will receive Rs 21,80,212 at maturity but general customers will receive Rs 21,67,866.
SBI provides 7% interest to senior citizens and 6.5% interest to other customers for their 1-year fixed deposits. The investment of Rs 20 lakh will expand to Rs 21,40,000 for senior citizens and Rs 21,30,000 for general customers. A 3-year FD provides senior citizens with a 7.05% interest rate and others with a 6.55% interest rate which results in maturity values of Rs 24,53,522 and Rs 24,19,303. The 5-year FD provides senior citizens with a 7.30% interest rate and others with a 6.30% interest rate which results in final amounts of Rs 28,44,648 and Rs 27,14,540.
SBI FD Rates deliver safe returns to both senior and general investors through their short-term and long-term investment options.
