Fixed Deposit (FD) is a popular investment option in India’s largest government bank State Bank of India (SBI). It is a safe and stable return investment medium, which is attractive to many people. But will it be beneficial to invest in SBI FD in 2025? In this article, we will discuss in detail the interest rates of SBI FD, the benefits of various schemes and investment.
SBI FD not only offers the option of safe investment, but also offers different interest rates for different periods and amounts. With this, investors can choose FD according to their needs and targets. In 2025, SBI FD interest rates and new schemes can provide attractive opportunities for investors.
SBI Fixed Deposit: Overview and Interest Rates
SBI Fixed Deposit is a popular investment option that provides safe and guaranteed returns to investors. Here is the main information of SBI FD:
| Description | Information |
| Minimum investment amount | ₹ 1,000 |
| Maximum investment amount | No limit |
| Duration | 7 days to 10 years |
| Interest rate (general) | 3.50% to 7.25% per year |
| Interest rate (senior citizen) | 4.00% to 7.75% per year |
| Interest payment option | Monthly, quarterly, half -yearly, annual |
| Premature clearance | Available (with penalty) |
| Loan facility | Loan available against FD |
SBI FD interest rates 2025
SBI has made some changes in its FD interest rates for 2025. Here are the latest interest rates for different periods:
- 7 days to 45 days: 3.50% (general), 4.00% (senior citizen)
- 46 days to 179 days: 5.50% (general), 6.00% (Senior Citizen)
- 180 days to 210 days: 6.25% (general), 6.75% (Senior Citizen)
- 211 days to 1 year less than 1 year: 6.50% (general), 7.00% (Senior Citizen)
- 1 year to 2 years: 6.80% (general), 7.30% (Senior Citizen)
- Less than 2 years to 3 years: 7.00% (general), 7.50% (Senior Citizen)
- Less than 3 years to 5 years: 6.75% (general), 7.25% (Senior Citizen)
- 5 years and up to 10 years: 6.50% (general), 7.50% (Senior Citizen)
Special FD Schemes of SBI
Amrit Kalash FD Scheme
SBI has launched a special FD scheme called Amrit Kalash, which provides attractive interest rates for investors:
- Duration: 400 days
- Interest Rate: 7.10% (General), 7.60% (Senior Citizen)
- Availability: March 31, 2025
Amrit Vrishti FD Scheme
Amrit Vrishti is another special FD scheme introduced by SBI:
- Duration: 444 days
- Interest Rate: 7.25% (General), 7.75% (Senior Citizen)
- Availability: March 31, 2025
Benefits of SBI FD
- Safe Investment: FD is a low -risk investment option.
- Guaranteed Return: Get fixed returns at fixed interest rate.
- Flexible period: Options ranging from 7 days to 10 years.
- Regular income: option of monthly or quarterly interest payment.
- Loan Facility: Facility to take loan against FD.
- Additional benefits for senior citizens: high interest rates.
Loss of investment in SBI FD
- Low returns: lower returns than other investment options.
- Impact of inflation: Inflation may reduce returns in long periods.
- Tax liability: Interest income has to be taxed.
- Penalty on premature withdrawal: Penalty is imposed on breaking FD.
Eligibility for SBI FD
The following eligibility criteria are for opening SBI FD:
- Indian citizen
- NRI (for some special FD)
- HUF (Hindu undivided family)
- Companies and institutions
- Minimum Age: 18 years (with guardian for minors)
Documents required to open SBI FD
The following documents are required to open FD in SBI:
- Identification Proof (Aadhaar Card, PAN Card, Passport etc.)
- proof of address
- Recent passport size photo
- PAN card (mandatory for investment of more than ₹ 50,000)
SBI FD opening process
Follow the following steps to open SBI FD:
- Go to any branch of SBI or apply online.
- Fill the FD opening form.
- Submit the required documents.
- Deposit FD amount (by check, neft, or cache).
- Get FD receipt.
Online renewal of SBI FD
To renew SBI FD online:
- Login to SBI Net Banking.
- Click on the ‘Fixed Deposit’ option.
- Choose ‘Renew Term Deposit’.
- Choose FD for renewal and set a new period.
- Complete the process and get confirmation.
Use SBI FD Calculator
SBI FD Calculator is a useful tool that helps you calculate the interest and maturity amount received on FD. To use it:
- Go to SBI’s website and find FD Calculator.
- Enter the investment amount, duration and interest rate.
- Click on the ‘Calculate’ button.
- See interest and total amount received on your FD.
SBI Tax Saving FD
SBI Tax Saving FD is a special type of FD that provides the benefits of tax savings:
- Minimum Investment: ₹ 1,000
- Maximum investment: ₹ 1,50,000 per year
- Duration: 5 years (lock-in period)
- Tax Benefits: Cut under Section 80C of Income Tax Act
- Interest Rate: 6.50% (General), 7.50% (Senior Citizen)
SBI FD vs Other Investment Options
Here SBI FD is compared to other popular investment options:
- Mutual Fund:
- Possibility of high returns, but also more risk
- Market fluctuations
- Less safe than fd
- PPF (Public Provident Fund):
- Long -term investment (15 years)
- Tax free return
- Little more than fd
- Stock Market:
- Possibility of high returns, but high risk
- Effect of market volatility
- Less safe than fd
- Government bonds:
- Safe investment
- FD lower interest rate
- Suitable for long -term investment
Disclaimer
This article has been written only for the purpose of information and the information given in it is not sure for accuracy. Before making investment decisions, please consult your financial advisor or specialist. Take decisions keeping in mind all the advantages and disadvantages of investing in SBI FD. This article is not any type of financial advice nor an attempt to promote any plan or product.
