Looking for a safe place to grow your savings?
India’s largest public sector lender, State Bank of India (SBI), is currently offering attractive interest rates on Fixed Deposits (FDs).
Interest rates range from 3.05% to 7.05%, depending on the tenure and age category.
You can open an FD for as little as 7 days — and for as long as 10 years.
But one particular scheme is drawing attention.
SBI’s Special FD Offering Higher Returns
SBI is offering some of its best returns on:
The 444-day Amrit Varshi Special FD
The regular 5-year FD scheme
Under the 444-day special FD:
General citizens get 6.45%
Senior citizens get 6.95%
Very senior citizens get 7.05%
For the 5-year FD:
General citizens get 6.05%
Senior citizens get 7.05%
Very senior citizens get 7.15%
The highest returns are currently available to very senior citizens in the 5-year category.
How ₹1 Lakh Can Grow in 5 Years
Let’s understand with a simple example.
If a general citizen invests ₹1,00,000 in a 5-year FD:
Total maturity amount: ₹1,35,018
Interest earned: ₹35,018
If a senior citizen invests ₹1,00,000:
Total maturity amount: ₹1,41,826
Interest earned: ₹41,826
If a very senior citizen invests ₹1,00,000:
Total maturity amount: ₹1,42,524
Interest earned: ₹42,524
That’s over ₹42,000 in fixed returns — without market risk.
Is This the Right Time to Invest?
FDs remain one of the safest investment options, especially for those who prefer stable and guaranteed returns.
With higher interest rates for senior and very senior citizens, SBI’s 5-year FD scheme can be an attractive choice for retirement planning or long-term savings goals.
Before investing, always compare tenures and check the latest rates at your nearest branch or on the bank’s official website.
Safe returns, fixed income, and peace of mind — that’s what FDs are designed for.
