If you’re searching for a safe investment that also supports a good cause, the State Bank of India (SBI) has an interesting option.
Its 1111-day Green Rupee Term Deposit (FD) not only offers fixed returns but also helps fund eco-friendly projects.
But the big question is: how much can you actually earn? Let’s break it down in a simple and clear way.
A Special FD with Extra Benefits
The SBI Green Rupee Term Deposit comes with attractive interest rates:
6.20% for general customers
6.70% for senior citizens
You can start investing with as little as ₹1,000, and there’s no upper limit, making it suitable for both small and large investors.
A few important points:
TDS (Tax Deducted at Source) applies as per income tax rules
You can avoid TDS by submitting Form 15G/15H, if eligible
How Much Will ₹5 Lakh Grow in 1111 Days?
Let’s understand the returns with a simple example.
For Regular Investors
Investment: ₹5,00,000
Interest Rate: 6.20%
Interest Earned: ₹1,02,976
Total Amount at Maturity: ₹6,02,976
For Senior Citizens
Investment: ₹5,00,000
Interest Rate: 6.70%
Interest Earned: ₹1,12,075
Total Amount at Maturity: ₹6,12,075
This shows that senior citizens earn higher returns for the same investment.
What Makes This Scheme Unique?
This FD is not just about earning money—it’s also about making an impact.
Following green finance guidelines issued by the Reserve Bank of India in April 2023, SBI introduced this scheme to support environment-friendly projects.
So, when you invest:
You get safe and fixed returns
Your money helps fund sustainable and green initiatives
Should You Consider It?
If you want a low-risk investment with steady returns and also care about the environment, this scheme can be a smart choice.
It combines financial security with a positive contribution to society—something not many traditional FDs offer.
