Deposit ₹1,00,000 in SBI and get fixed interest of ₹42,524, excellent returns with government guarantee

State Bank of India is offering interest ranging from 6.05 percent to a maximum of 7.15 percent on FD accounts with tenures ranging from 5 years to 10 years.

SBI Schemes: State Bank of India is India's largest public sector bank. SBI not only has the largest number of customers, but also the largest number of branches across the country. The country's largest public sector bank is offering its customers tremendous returns on fixed deposit (FD) schemes. This public sector bank is offering its customers bumper interest rates ranging from 3.05% to 7.15% on FD accounts. Here, we'll learn about one such State Bank of India FD scheme, in which a deposit of just ₹1 lakh can earn fixed interest of up to ₹42,524.

SBI is offering a maximum interest rate of 7.05 percent to senior citizens.

FD account can be opened in State Bank of India for a minimum period of 7 days to a maximum period of 10 years. State Bank of India is offering interest ranging from 3.05 percent to 3.65 percent on 7 day FD scheme, 4.90 percent to 5.50 percent on FD scheme with tenure of 46 days to 179 days, 5.65 percent to 6.25 percent on FD scheme with tenure of 180 days to 210 days. This government bank is offering interest ranging from 6.05 percent to a maximum of 7.15 percent on FD accounts with tenure of 5 years to 10 years.

Depositing Rs 1,00,000 in State Bank of India will earn a fixed interest of up to Rs 42,524.

If you deposit Rs 1 lakh in a 5-year FD scheme with the State Bank of India, a general citizen will receive a total of Rs 1,35,018 on maturity, which includes an interest of Rs 35,018. If you are a senior citizen and deposit Rs 1 lakh in a 5-year FD scheme with SBI, you will receive a total of Rs 1,41,826 on maturity, which includes an interest of Rs 41,826. Similarly, if you are a very senior citizen and deposit Rs 1 lakh in a 5-year FD scheme with SBI, you will receive a total of Rs 1,42,524 on maturity, which includes an interest of Rs 42,524.

 PC:India tv