New Delhi: Like Punjab National Bank, the State Bank of India also gives bumper benefits to people. If you want to invest in SBI’s FD scheme, then this is a great opportunity. Here, investors get the benefit of good interest on FD. SBI is offering good interest to account holders even for a period of less than 2 to 3 years.

Not only this, but apart from the common man, senior citizens will also get good interest. Actually, in the recent monetary policy committee meeting, the Reserve Bank of India kept the repo rate stable. Earlier, it was expected that the RBI could cut the repo rate, but it could not happen. If the repo rate were reduced, then the banks could also cut the interest rates on FD.

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How much interest is SBI paying on FD?

SBI, one of the big banks of India, is offering more interest on FDs of less than 2 years to three years. It is giving the highest interest of 6.45 per cent on FD. The most important thing is that senior citizens are being given 6.95 per cent interest on this FD. Along with this, this bank is giving 6.05 per cent interest to general citizens and 7.05 per cent interest to senior citizens on FDs of 5 years to 10 years.

How much interest will be given on the FD of Rs 1.01 crore?

If investors are planning to make an FD of less than Rs 1.01 crore to Rs 3 crore, then they will get the highest interest. In SBI FD, general citizens are getting 6.55 per cent interest and senior citizens are getting 77.05 per cent interest for 1 year. If general citizens make an FD for two years, then they will get 6.85 per cent interest. Senior citizens are being given up to 7.35 per cent interest.

How much interest will be given on an FD of Rs 3 lakh?

If the account holder invests Rs 3 lakh in a 55-year FDD in SBI, then he will get a bumper benefit on maturity. After five years, investors will get Rs 405,053. In this, an interest of Rs 1,05,053 lakh will be received. On the other hand, if you are a senior citizen, then the account holders will be given Rs 4,25,478 in investment. In this, the investor will get interest of Rs 1,25,478.