SBI FD Scheme : State Bank of India (SBI), the country’s largest public sector bank, has once again come up with a lucrative Fixed Deposit (FD) scheme for its customers. With this new scheme, investors can earn attractive returns on their savings without taking any market risk. According to the latest update, on an investment of ₹3 lakh, the depositor can earn up to ₹1,25,478 as interest, making it one of the most rewarding fixed deposit options available in 2025.
Why SBI FD is considered safe?
SBI is not just India’s largest bank but also one of the most trusted names in the financial sector. Fixed Deposits in SBI are covered under the Deposit Insurance and Credit Guarantee Corporation (DICGC), which ensures safety of deposits up to ₹5 lakh. This makes it a secure option compared to other risky investment avenues like mutual funds or stock markets.
Key Features of the New SBI FD Scheme
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High Return Potential – On a deposit of ₹3 lakh, the interest earned is around ₹1,25,478, depending on the chosen tenure.
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Flexible Tenure – The FD scheme offers a wide range of tenures, generally from 7 days to 10 years.
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Special Benefits for Senior Citizens – Senior citizens get an extra 0.50% interest rate, which further increases the maturity value.
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Assured Returns – Unlike market-linked products, FD returns are guaranteed and not affected by market fluctuations.
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Loan Facility – SBI also provides a loan or overdraft facility against FDs, allowing customers to access liquidity without breaking their deposits.
Example Calculation – How ₹3 lakh grows to ₹4,25,478
If you invest ₹3 lakh in this SBI FD scheme, depending on the interest rate (currently in the range of 6.5% – 7.5% annually), the maturity amount can be as high as ₹4,25,478. Here’s a breakdown:
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Principal Amount: ₹3,00,000
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Interest Earned: ₹1,25,478
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Maturity Value: ₹4,25,478
This calculation is based on compound interest over a longer tenure, which helps your money grow faster compared to simple interest.
Benefits of Investing in SBI FD
- Guaranteed Safety – No risk of losing capital.
- Better than Savings Account – FD offers higher returns than regular savings deposits.
- Liquidity Option – Premature withdrawal available with a small penalty.
- Tax Saving Option – SBI also provides a 5-year tax-saving FD under Section 80C of the Income Tax Act.
- Easy Online Facility – Customers can open and manage their FD directly through SBI’s YONO app or internet banking.
Why choose FD in 2025?
In 2025, inflation and market volatility are major concerns for common investors. While mutual funds and equities may give higher returns, they also carry risks. On the other hand, SBI FDs provide stable and risk-free growth, making them a preferred choice for middle-class families, retirees, and salaried employees who want secure savings.
Step-by-Step: How to Open an SBI FD
- Visit the nearest SBI branch or log in to the SBI YONO app / Internet Banking.
- Select the Fixed Deposit option.
- Choose the tenure (from 7 days up to 10 years).
- Enter the deposit amount (minimum ₹1,000 required).
- Select interest payout option (monthly/quarterly/at maturity).
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Confirm and your FD account will be created instantly.
Who Should Invest in this FD Scheme?
- Retirees who want monthly income and capital safety.
- Salaried professionals looking for a stable saving instrument.
- Parents who want to build a secure corpus for children’s education.
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Small business owners who want safe returns on surplus cash.
Final Thoughts
The new SBI FD scheme is indeed a powerful option for risk-averse investors. With the possibility of earning ₹1,25,478 interest on a ₹3 lakh deposit, it combines safety, stability, and attractive returns. In today’s uncertain times, where market investments fluctuate, SBI FD stands out as a trustworthy and profitable savings option.
If you are planning to secure your financial future with guaranteed returns, opening an FD with SBI could be the right step.