SBI FD Schemes: State Bank of India is the largest government bank in the country. This bank is giving excellent interest on FD scheme to its customers. FD account can be opened in State Bank of India (SBI) for a minimum period of 7 days. Apart from this, you can also make FD in this government bank for a maximum period of 10 years. State Bank of India is offering interest ranging from 3.05 percent to 7.05 percent to its customers on FD accounts of different tenures. Here we will know that if you deposit Rs 2,00,000 in FD for 444 days in SBI, how much interest will you get?
How much interest is SBI giving on 444 days FD scheme?
State Bank of India is giving the highest interest to common citizens on Amrit Vrishti Special FD Scheme for 444 days. This bank is giving the highest interest rate of 6.45 percent to general citizens, 6.95 percent to senior citizens and 7.05 percent to very senior citizens (citizens aged 80 years or more) on Amrit Vrishti FD Scheme. Apart from this, SBI is giving the highest interest rate of 6.05 percent to general citizens, 7.05 percent to senior citizens and 7.15 percent to very senior citizens on FD schemes with a tenure of 5 to 10 years.
How much interest will you get if you deposit Rs 2,00,000 in 444 day FD in SBI?
If you deposit Rs 2 lakh in 444 days FD scheme in State Bank of India, then on maturity, ordinary citizens will get a total of Rs 2,16,189 including fixed interest of Rs 16,189. Similarly, if you deposit Rs 2 lakh in 444 days FD scheme in State Bank of India, then senior citizens will get a total of Rs 2,17,486 including fixed interest of Rs 17,486 on maturity. Whereas, very senior citizens will get a total of Rs 2,17,746 including fixed interest of Rs 17,746 by depositing Rs 2 lakh in 444 days FD scheme in State Bank of India.
safest investment
Even today, in the era of stock market and mutual funds, most Indian banks consider FD as the safest investment. On maturity in bank FD, you get all the money back with a fixed interest. Bank FD has zero risk compared to stock market and mutual funds.