SBI FD Scheme: State Bank of India is not only the largest government bank of the country, but is also a trusted place for the common people of the country to keep their earnings safe and give better returns. There is no doubt that State Bank of India (SBI) has the maximum amount of money of the general public and this bank is also giving better returns on deposits to its customers. SBI opens FD accounts for the shortest tenure of 7 days and longest of 10 years depending on the needs of its customers. Today we will know here that if you deposit Rs 2 lakh in 364 days FD scheme in State Bank of India, then how much interest will you get on maturity?
How much interest is SBI giving on 364 days FD scheme?
FD account can be opened in State Bank of India for the shortest period of minimum 7 days. If you want to open an FD account for a long term, you can invest for a maximum of 10 years. State Bank of India is offering interest ranging from 3.05 percent to 3.65 percent on FD accounts with shortest tenure ranging from 7 days to 14 days. This government bank is giving returns ranging from 5.90 percent to 6.50 percent on accounts with tenure ranging from 211 days to less than 1 year. SBI is offering interest ranging from 6.05 percent to a maximum of 7.15 percent on accounts with tenure ranging from 5 years to 10 years.
If you deposit Rs 2 lakh, how much interest will you get on maturity?
If you deposit Rs 2 lakh in the FD scheme of 364 days in State Bank of India, then on maturity, ordinary citizens will get a total of Rs 2,12,030 including fixed interest of Rs 12,030. Similarly, if you are a senior citizen and deposit Rs 2 lakh in a 364 day FD scheme in State Bank of India, then you will get a total of Rs 2,13,073 including fixed interest of Rs 13,073 on maturity. Similarly, if you are a very senior citizen i.e. your age is 80 years or above and you deposit Rs 2 lakh in a 364 day FD scheme in State Bank of India, then you will get a total of Rs 2,13,283 including fixed interest of Rs 13,283 on maturity.
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