SBI FD Calculator: Here’s how much your Rs 5 lakh investment will grow in 3 years
sanjeev | July 22, 2024 5:21 AM CST
New Delhi: Using the State Bank of India’s (SBI’s) fixed deposit (FD) calculator, the depositor can easily find out how much corpus he will get if he invests in a term deposit with the lender for a set time period.
SBI ‘s FD calculator is available on the bank’s website. Lets see how to calculate FD maturity amount in SBI:
How to use online:
- Go to https://sbi.co.in/web/student-platform/maturity-value-calculator#show
- Mention the principal amount
- Mention the duration
- Mention the annual rate of interest.
- Total investment (Principal): Rs 5,00,000
- SBI FD tenure: 3 years
- SBI FD interest rate: 6.75% (general citizens)
- What the SBI FD Calculator showed:
- SBI FD maturity value: Rs 6,10,295
- SBI FD interest value: Rs 1,10,295
- So, in just three years time, you would earn interest of more than Rs 1 lakh.
- Total investment (Principal): Rs 10,00,000
- SBI FD tenure: 3 years
- SBI FD interest rate: 6.75% (general citizens)
- After the SBI FD does the calculation here is the massive amount the investor gets:
- SBI FD maturity value: Rs 12,20,595
- SBI FD interest value: Rs 2,20,591
- Total investment (Principal): Rs 15,00,000
- SBI FD tenure: 3 years
- SBI FD interest rate: 6.75% (general citizens)
- SBI FD maturity value: Rs 18,30,886
- SBI FD interest value: Rs 3,30,886
- Total investment (Principal): Rs 5,00,000
- SBI FD tenure: 3 years
- SBI FD interest rate: 7.25% (senior citizens)
- What the SBI FD Calculator showed:
- SBI FD maturity value: Rs 6,19,360
- SBI FD interest value: Rs 1,19,360
- Total investment (Principal): Rs 10,00,000
- SBI FD tenure: 3 years
- SBI FD interest rate: 7.25% (general citizens)
- SBI FD maturity value: Rs 12,38,720
- SBI FD interest value: Rs 2,38,720
- Senior citizens would get Rs 12.38 lakh after 3 years if they open a term deposit with SBI with Rs 10 lakh capital.
- Total investment (Principal): Rs 15,00,000
- SBI FD tenure: 3 years
- SBI FD interest rate: 7.25% (general citizens)
- SBI FD maturity value: Rs 18,58,080
- SBI FD interest value: Rs 3,58,080
- SBI FD Calculator shows Rs 15 lakh would become Rs 18.58 lakh on FDs of 3 years tenure in case of senior citizens.
READ NEXT
-
‘Good signs’ seen in Iran talks, but US has alternatives: Rubio

-
I-PAC raid row: SC to hear ED plea against Mamata Banerjee today

-
Muzaffarnagar man gets life term for murdering ‘lover’

-
A First-Ever Moment In MS Dhoni's Iconic IPL Journey

-
'Karuppu', 'Pati Patni Aur Woh Do' Stay Ahead Despite Drop, 'Dhurandhar 2' Nears Rs 1800 Cr Globally
