Your Investment
After 3 Years, You will earn
₹ 123143.93
and ₹ 23143.93 as interest
Total Investment
Total Interest
SBI Fixed deposits can be a good option for you if you want to park your surplus money in a relatively safe instrument accessible in time of need. The SBI Fixed Deposit help you with a calculation that is authentic. The outcome will make you plan your financial goals better and achieve your various goals in life.
Investing in bank fixed deposits (FDs) is considered safe. It comes to you with great features and advantages. Moreover, people in India prefer going for bank FD in comparison to other options. State Bank of India (SBI) FD tenure range between 7 days to 10 years. You can choose the tenure for your fixed deposit in SBI based on your investment need. The SBI fixed deposit calculator has great features and help you do instant calculations.
The popular government bank well-known in the country has a good reputation in the market. People trust it for its transparency and professional services.
The SBI Fixed Deposit calculator automatically displays the interest along with the maturity to help you plan your investment in a fixed deposit. The analysis and detailed research should be done keeping in your mind your objectives. FDs are done keeping in mind the varied reasons and one of the key reasons is the easy money withdrawal in times of emergencies.
Investing your hard-earned money without doing a proper check can result in disappointment. It may not serve the purpose of your investment. So, it is recommended not to take decision in haste as it can also make you lose your money.
The SBI Fixed Deposit calculator do not need you to be a technical expert or a qualified person. A user with a basic understanding of internet can easily use the easy to use the tool the SBI Fixed Deposit calculator.
Enter the amount to be invested first followed by the tenure you wish to opt for the FD. (The tenure in SBI generally range between 7 days to 10 years.)
Scroll down and select the rate of interest applicable to the SBI FD. The next step is to choose the compounding frequency that can be monthly, quarterly, semi-annually, or annually.
Compounding frequency here refers to number of times the interest on a FD will be compounded.
The SBI Fixed Deposit calculator does not need you to be a technical expert or a qualified person. A user with a basic understanding of the internet can easily use this tool. The SBI Fixed Deposit calculator assist people in
Financial Planning
Time Saving
Accurate results
Convenience
Price Discovery
Real Time
Seamless Digital KYC
100%
Assured Transaction
Real Time
Popular Calculators
Below is a brief on SBI FD interest rates on deposits less than Rs.2 crore:
| Tenors | Interest Rates (p.a.) | |
|---|---|---|
| General Public | Senior Citizens | |
| 7 days to 45 days | 3.00% | 3.50% |
| 46 days to 179 days | 4.50% | 5.00% |
| 180 days to 210 days | 5.25% | 5.75% |
| 211 days to less than 1 year | 5.75% | 6.25% |
| 1 year to less than 2 year | 6.80% | 7.30% |
| 2 years to less than 3 years | 7.00% | 7.50% |
| 3 years to less than 5 years | 6.50% | 7.00% |
| 5 years and up to 10 years | 6.50% | 7.50%* |
Note: FD rates are effective from April 1, 2023, to June 30, 2023
Once you click 'Calculate', it will display in front of you the interest that you will earn and the maturity amount.
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