SBI 2 Years FD rate: 7% (general) & 7.5% (senior citizen). Maturity for ₹5 Lakh: ₹5,74,441.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
State Bank of India offers 2 Years Fixed Deposit at 7% p.a. for general citizens and 7.5% p.a. for senior citizens. Interest is compounded quarterly. Premature withdrawal policy: 0.50% penalty on applicable rate.
Tenure: 2 Years · Quarterly compounding
| Deposit Amount | Maturity Amount | Interest Earned | Total Return |
|---|---|---|---|
| ₹25K | ₹28,722 | ₹3,722 | 14.9% |
| ₹50K | ₹57,444 | ₹7,444 | 14.9% |
| ₹1 Lakh | ₹1,14,888 | ₹14,888 | 14.9% |
| ₹2 Lakh | ₹2,29,776 | ₹29,776 | 14.9% |
| ₹5 Lakh | ₹5,74,441 | ₹74,441 | 14.9% |
| ₹10 Lakh | ₹11,48,882 | ₹1,48,882 | 14.9% |
| ₹25 Lakh | ₹28,72,204 | ₹3,72,204 | 14.9% |
| ₹50 Lakh | ₹57,44,409 | ₹7,44,409 | 14.9% |
| ₹1 Crore | ₹1,14,88,818 | ₹14,88,818 | 14.9% |
SBI offers 2 Years Fixed Deposit at 7% p.a. for general citizens and 7.5% p.a. for senior citizens in 2026. Rates are subject to change.
A ₹5 Lakh FD in SBI for 2 Years at 7% (quarterly compounding) will mature to approximately ₹5,74,441. The interest earned would be ₹74,441.
Yes, SBI offers an additional benefit for senior citizens with a rate of 7.5% p.a. for 2 Years FD, which is 0.50% higher than the general rate.
The minimum deposit amount for SBI Fixed Deposit is ₹1,000. Interest is compounded quarterly.
Yes, premature withdrawal is allowed. SBI's premature withdrawal policy: 0.50% penalty on applicable rate. It's recommended to keep the FD till maturity for maximum returns.