SBI FD Schemes: For most people, the primary objective is to earn money, enabling them to fulfil their family’s needs and give wings to their own dreams. While the average investor appears to be gravitating towards mutual funds and the stock market, a significant number of people still place their trust in Bank FDs for secure and fixed returns.
At SBI—the country’s largest bank—individuals can earn substantial returns by investing in a variety of schemes. SBI is currently offering attractive interest rates to customers who open Fixed Deposit (FD) accounts. SBI allows customers to open FD accounts for tenures ranging from 7 days to 10 years.
Read More: Bihar Board 12th Compartment Exam 2026 – How to Apply via School for 1 or 2 Subjects
State Bank of India offers impressive interest rates on its FD accounts, ranging from 3.05% to 7.15%. If you were to deposit ₹4,00,000 in an SBI FD for a period of 60 months (i.e., 5 years), how much interest would you earn? You can find all the essential details regarding this below.
Interest on a 60-Month FD
If you open an FD for a tenure of 60 months, you stand to earn substantial interest. SBI is currently offering the highest interest rates to general citizens under its “Amrit Vrishti” Special Scheme, which has a tenure of 444 days. Under this robust SBI Amrit Vrishti FD scheme, general citizens are offered an interest rate of 6.45%, senior citizens receive 6.95%, and super senior citizens (those aged 80 years or above) are offered 7.05%.
Meanwhile, for its standard 5-year (60-month) FD scheme, SBI offers interest rates of 6.05% to general citizens, 7.05% to senior citizens, and a maximum of 7.15% to super senior citizens. You can comfortably earn returns on your investment.
How Much Will You Earn on a Deposit of ₹4 Lakhs?
SBI, India’s largest bank, is offering excellent interest rates to its customers. If a general citizen deposits ₹4 lakh in a 60-month Fixed Deposit (FD) at this bank, they will easily receive a total of ₹5,40,071 upon maturity, including a fixed interest of ₹1,40,071.
Read More: Gold Price Weekly Update – Gold Rises by ₹2,860 in 7 Days; Check City – Wise Latest rates
Similarly, if a senior citizen deposits ₹4 lakh in a 60-month FD scheme at SBI, they will receive a total of ₹5,67,303 upon maturity, including a fixed interest of ₹1,67,303. Meanwhile, super senior citizens who deposit ₹4 lakh in a 60-month FD scheme at the State Bank of India will easily receive a total of ₹5,70,097, including a fixed interest of ₹1,70,097.
