SBI FD Calculator
Total value of investment
₹1,38,042
Domestic Term Deposits for General Public (Below Rs. 2 crore)
| Tenors | Interest Rates for General Public |
|---|---|
| 7 days to 45 days | 2.90% |
| 46 days to 179 days | 3.90% |
| 180 days to 210 days | 4.55% |
| 211 days to less than 1 year | 4.60% |
| 1 year to less than 2 years | 5.45% |
| 2 years to less than 3 years | 5.50% |
| 3 years to less than 5 years | 5.60% |
| 5 years and up to 10 years | 5.65% |
Domestic Term Deposits for Senior Citizens Customers (Below Rs. 2 crore)
| Tenors | Interest Rates for General Public |
|---|---|
| 7 days to 45 days | 3.40% |
| 46 days to 179 days | 4.40% |
| 180 days to 210 days | 5.05% |
| 211 days to less than 1 year | 5.10% |
| 1 year to less than 2 years | 5.95% |
| 2 years to less than 3 years | 6.00% |
| 3 years to less than 5 years | 6.10% |
| 5 years and up to 10 years | 6.45% |
Domestic Bulk Term Deposits for General Public (Rs. 2 Crores and above)
| Tenors | Interest Rates for General Public |
|---|---|
| 7 days to 45 days | 3.50% |
| 46 days to 179 days | 4.25% |
| 180 days to 210 days | 4.50% |
| 211 days to less than 1 year | 5.00% |
| 1 year to less than 2 years | 6.00% |
| 2 years to less than 3 years | 5.25% |
| 3 years to less than 5 years | 5.25% |
| 5 years and up to 10 years | 5.00% |
Domestic Bulk Term Deposits for Senior Citizens Customers (Rs. 2 Crores and above)
| Tenors | Interest Rates for General Public |
|---|---|
| 7 days to 45 days | 4.00% |
| 46 days to 179 days | 4.75% |
| 180 days to 210 days | 5.00% |
| 211 days to less than 1 year | 5.50% |
| 1 year to less than 2 years | 6.50% |
| 2 years to less than 3 years | 5.75% |
| 3 years to less than 5 years | 5.75% |
| 5 years and up to 10 years | 5.50% |
Interest Rates for SBI Tax Savings Scheme For General Public
| Maturity Period | General Public FD interest rate (per annum) |
|---|---|
| 5 years | 5.65% |
Interest Rates for SBI Tax Savings Scheme For Senior Citizens Public
| Maturity Period | Senior citizen FD interest rate (per annum) |
|---|---|
| 5 years | 6.45% |
SBI WeCare Deposit for Senior Citizens
| Maturity Period | Senior citizen FD interest rate (per annum) |
|---|---|
| 5 years to 10 years | 6.45% |
SBI NRI FD Rates
NRO Fixed Deposit Interest Rates
| Tenors | Interest for deposits below Rs.2 Crore | Rs. 2 Crore & above |
|---|---|---|
| 7 days to 45 days | 2.90% | 3.50% |
| 46 days to 179 days | 3.90% | 4.25% |
| 180 days to 210 days | 4.55% | 4.50% |
| 211 days to less than 1 year | 4.60% | 5.00% |
| 1 year to less than 2 years | 5.45% | 6.00% |
| 2 year to less than 3 years | 5.50% | 5.25% |
| 3 years and up to 5 years | 5.60% | 5.25% |
| 5 years and up to 10 years | 5.65% | 5.00% |
NRE Fixed Deposit Interest Rates
| Tenors | Interest for deposits below Rs.2 Crore | Rs. 2 Crore & above |
|---|---|---|
| 1 year less than 2 years | 5.65% | 5.25% |
| 2 years to less than 3 years | 5.75% | 4.25% |
| 3 years to less than 5 years | 5.85% | 4.50% |
| 5 years and up to 10 years | 6.00% | 4.50% |
What is the SBI FD Interest Calculator?
The SBI FD Interest Calculator is an online financial tool that accurately estimates the interest earned on your fixed deposit and the maturity amount. The calculators instantly estimate the maturity amount and interest earnings on your FD based on the investment amount, interest rate on the FD, and the investment tenure.
Fixed deposits carry different tenures and interest rates. You can use the SBI FD Interest Calculator to calculate the maturity amount and the interest earned to find out the right FD tenure and rate that will align with your financial goals.
How to Use the SBI FD Interest Calculator?
Using the SBI FD Interest Calculator is very simple and easy. Just follow the steps below to instantly calculate the interest returns and maturity amount of your SBI FD investments.
Step 1: Enter the lumpsum investment amount by using the slider or manually entering the amount.
Step 2: Enter the interest rate applicable to your SBI Fixed Deposit.
Step 3: Select the investment tenure, i.e the number of years your investment will be locked in.
Once you have entered the investment tenure, the SBI FD Interest calculator will automatically and instantly calculate the total interest earnings and the total investment amount at the maturity of your FD.
Benefits of Using the SBI FD Interest Calculator
The following are the benefits of using the SBI FD Interest Calculator.
Zero Calculation Errors
The calculator accurately calculates the interest earnings and the maturity amount on your SBI Fixed Deposit investments, eliminating the need for manual calculation and the potential calculation errors.
Saves Time
The SBI FD Interest Calculator instantly determines the correct maturity amount of your FD investment based on the investment amount, interest rate, and the investment tenure.
Better Financial Planning
Knowing the maturity amount on your FDs and the interest yields allows you to make informed financial decisions. You can compare these returns to other asset classes to determine which option helps you reach your goals faster.
Compare FD Returns
You can use the SBI FD Calculator to compare various fixed deposit tenures and interest rates offered by SBI to choose the option that suits you best.
Formula to Calculate FD Maturity Amount
The SBI bank FD calculator uses the following formula to calculate the interest returns and the maturity amount of your fixed deposit investment.
A = P (1 + r/n) ^ n*t
Where,
A = Total investment amount you receive at maturity of the FD.
P = Lumpsum amount you invest in the FD.
r = The annual rate of interest.
n = The number of years the interest is compounded.
t = Investment tenure.
Frequently Asked Questions
What is the SBI FD Interest Calculator?
What is the formula used by the SBI FD Interest Calculator to calculate interest returns and maturity amount?
How to use the SBI FD Interest Calculator?
Can I withdraw my FD before maturity?