If you are looking for safe and reliable options to grow your savings in 2025, State Bank of India offers an attractive Fixed Deposit scheme. Fixed Deposit schemes of SBI offer guaranteed return with government-backed security and thus are best for conservative investors. Illegally you can earn interest of up to ₹22,419 by depositing ₹1,00,000, which makes it a safe yet profitable investment option.
Introduction to SBI Fixed Deposit Scheme
SBI offers various tenures from 7 days to 10 years, providing short-term and long-term investment options. The interest rates are attractive today, with a maximum of 7.25% p.a. for regular customers plus an added benefit of 0.50% for the senior citizens. This is into making SBI FD an attractive avenue for those who do not favor exposure to market risk and seek steady growth instead.
Earning ₹22,419 on ₹1 Lakh Deposit
If an investor deposits ₹1,00,000 for 5 years in SBI and earns an interest rate of 7.25% per annum, the maturity will be of the order of ₹1,22,419. Hence, the investor earns ₹22,419 as a fixed interest on the said deposit over the mentioned period. SBI offers both cumulative and non-cumulative interest options wherein the customers can either opt for interest payouts or allow the interest to get compounded for a higher maturity value.
| Deposit Amount | Tenure | Interest Rate | Maturity Amount | Total Interest |
|---|---|---|---|---|
| ₹1,00,000 | 5 Years | 7.25% | ₹1,22,419 | ₹22,419 |
Specialties for Senior Citizens
Senior citizens depositing SBI FD get a further 0.50% interest added to the regular rate, making their rate at 7.75% per annum. This means if they deposit Rs 1,00,000 for 5 years, it will grow to approximately Rs 1,23,819. Senior citizens get higher returns and this can serve as a reliable income-generating avenue post-retirement, making it an ideal safe investment for them after retirement.
How to Open an SBI Fixed Deposit
Depositing an FD in SBI is easy and convenient. Investors can apply online through SBI net banking, using the YONO mobile app, or by just dropping personally to the nearest branch. Here, the least amount to be deposited is ₹1,000, which makes it equally viable for both small and big investors. On top of that, they further make it easier by being trackable and on-time payout of interest, making this a truly hassle-free investment.
Closing Remarks
SBI’s Fixed Deposit scheme offers the perfect mix of safety, reliability, and returns. With ₹1,00,000 depositing at an interest of ₹22,419 in fixed interest for five years, it serves as an apt option for investors seeking low-risk and high-security investments. The very name of SBI lends confidence, thus making it the first choice for intelligent savers in 2025.