SBI FD Scheme : Hello friends, SBI FD Scheme has been started by State Bank of India, under which ₹72000 interest can be earned every year in the year 2025 on just ₹1 lakh FD.
For which, through this article, we are going to give you detailed step by step process about applying for SBI FD Scheme, so read the post completely till the end.
Benefits of investing in SBI Fixed Deposit
Here we are going to give information about the benefits of investing in fixed deposit under SBI FD Scheme, which is as follows:-
- The entire amount invested in SBI Fixed Deposit will be safe.
- In this the return remains fixed.
- Tax benefits are also being given.
- Liquidity options included.
- Additional interest rate will be provided to senior citizen.
All the above benefits will be available to all people by investing in the fixed deposit of State Bank of India.
How to earn ₹72,000 on just ₹1 lakh FD
If you also want to get interest of ₹ 72000 every year on ₹ 1 lakh FD in this fixed deposit of State Bank of India, then after selecting the fixed deposit option, different interest rates will be offered by different banks and financial institutions, which are as follows:-
- Interest rates have to be compared according to the institution.
- Choose the tenure of your fixed deposit
- Additional interest rates have to be looked at.
- It is also important to know the terms of premature withdrawal well.
- It is important to know what benefits are being given on opening a fixed deposit through online.
- Senior citizens are getting special schemes.
Comparison of interest rates on fixed deposits
Here we are going to compare the interest rates offered by different banks on fixed deposits. The details of interest rates and tenure as per bank are given below:-
| Serial Number | all bank name in hindi | interest rate offered by the bank | the period prescribed |
|---|---|---|---|
| 1. | State Bank Of India | 5.5 percent | 5 years |
| 2. | HDFC Bank | 6.0 percent | 5 years |
| 3. | ICICI Bank | 6.25 percent | 5 years |
| 4. | Punjab National Bank | 5.75 percent | 5 years |
| 5. | Bank Of Baroda | 5.85 percent | 5 years |
| 6. | Axis Bank | 6.5 percent | 5 years |
| 7. | Yes Bank | 6.75 percent | 5 years |
| 8. | Kotak Mahindra Bank | 6.9 percent | 5 years |
Fixed Deposit Opening Process
- You have to choose your bank. (Example:- Choose State Bank of India.)
- You have to check the interest rate offered by the bank.
- The application form has to be filled carefully through online mode.
- All necessary documents have to be uploaded also.
- Fixed deposit amount has to be transferred.
- Confirmation must be obtained.
