Top News

Fixed Deposit: Find out how much money you will get if you keep money here for how many years.
 

Fixed Deposit:   If you do not depend on the volatility of the stock market, you can rely on the fixed deposit (SBI FD). In that case, State Bank gives good returns for senior citizens. Find out how much money you will get if you keep money here for how many years.

What benefits will you get here? 

Investors also get income tax exemption on deposits up to Rs 1.50 lakh in five-year FDs. So fixed deposit scheme can be a good investment option for you. How many years of investment will you get?

Fixed Deposit: How much will you get if you keep money for 1 year?
Do you know how much interest you will get on investing Rs 2 lakh in  State Bank Senior Citizen FD? Here a senior citizen will get 7.30 percent return on 1-year FD. So if you invest Rs 2 lakh, the investor will get Rs 15,005 as interest in a year On maturity the depositor will get Rs.2,15,005

SBI FD: 3 years
investment in state-owned bank SBI 3 years Senior Citizen FD of Rs 2 lakh will earn good interest. The bank offers a 3-year FD at an interest rate of 7.25 percent. In that case an investor would get Rs 48,109 as interest on an investment of Rs 2 lakh The total amount at maturity will be Rs.2,48,109. Which will give investor confidence.

State Bank Of India: How much will you get in case of 5 years?
Get higher returns on investment of Rs 2 lakh in SBI Senior Citizen FD. The bank offers 7.50 percent interest rate on five-year FDs. So if you invest Rs 2 lakh in this scheme, the depositor will get Rs 89,990 as interest. In that case the maturity amount will be Rs.2,89,990.

(Note: The information provided here is for informational purposes only. It is important to note that investing in the market is risky. Always consult an expert before investing money as an investor. ABPLive.com never advises anyone to invest money here. .This share market related news is provided here only. We do not give any call or tip.