- Input the monthly FD amount, the number of years and the expected returns to calculate SBI Bank Fixed Deposit Maturity & Interest Online.
SBI FD Calculator
Calculate SBI Fixed Deposit Maturity & Interest Online
SBI FD CALCULATOR
State Bank of India is the oldest and trustworthy bank in India founded as the ‘Imperial Bank of India’ during the British era. The government owns the states of the bank which turns out to be an ‘Indian Multinational Financial Association’. FD is one of the safest investments that give high-returns after a certain period. The rate of interest provided on the FD is much more than the savings account. Also, the bank offers loans at competitive rates in exchange for the Fixed Deposit certificates.
SBI FD offers short term deposit with the shortest time period being 30 days; the rate of interest range from 5.25% – 7.25% p.a. compounded quarterly.
For 60, 90 & 120 days the FD rate is 6.5% p.a.
A 6 months period for SBI FD gives the rate of interest of 6.75% p.a.
The SBI FD rate of interest for a nine month period is 7% p.a.
SBI also provides in medium & long term FD tenures; More than 1 year to 5 years, the rate of interest varies between 7% – 7.5% p.a.
SBI FD CALCULATOR
FD maturity amount will depend upon the following:
- Deposit Amount
- Interest Rate
- Fixed Deposit Tenure
- Compounding Frequency
- TDS Rate & TDS Applicability
The Calculator on Gulaq will require the fetching of the variables like:
- Principal Amount
- Rate of Interest p.a.
- Time in Years
Alas! Submit & you’ll get Maturity Amount and Interest.
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