State Bank of India FD Calculator

6.8% p.a. (quarterly compounding) - Min deposit Rs. 1,000

Principal

Rs. 5.00 lakh

Example: Rs. 5 lakh

Interest Earned

Rs. 1.12 lakh

Over 3 years

Maturity Amount

Rs. 6.12 lakh

at 6.8% p.a.

State Bank of India FD Rates by Tenure

TenureGeneral RateSenior Citizen
7-45 days3.5%4%
46-179 days5.5%6%
180-364 days6.25%6.75%
1 year6.8%7.3%
1-2 years6.8%7.3%
2-3 years7%7.5%
3-5 years6.75%7.25%
5-10 years6.5%7.5%

Indicative rates. Actual rates may differ - verify with State Bank of India before investing.

State Bank of India FD Maturity - Quick Reference (at 6.8%)

Principal1 yr2 yr3 yr5 yr
Rs. 1.00 lakhRs. 1.07 lakhRs. 1.14 lakhRs. 1.22 lakhRs. 1.40 lakh
Rs. 2.50 lakhRs. 2.67 lakhRs. 2.86 lakhRs. 3.06 lakhRs. 3.50 lakh
Rs. 5.00 lakhRs. 5.35 lakhRs. 5.72 lakhRs. 6.12 lakhRs. 7.00 lakh
Rs. 10.00 lakhRs. 10.70 lakhRs. 11.44 lakhRs. 12.24 lakhRs. 14.01 lakh
Rs. 25.00 lakhRs. 26.74 lakhRs. 28.61 lakhRs. 30.60 lakhRs. 35.02 lakh

Customize your FD calculation

₹10,000₹10.00 Cr
3.00%15.00%
1 yr30 yrs

Maturity Amount

₹6.16 L

Total Interest

₹1.16 L

Effective Annual Rate

7.19%

Interest Breakdown

PeriodInterestBalance
Q1 (Year 1)₹8,750₹5.09 L
Q2 (Year 1)₹8,903₹5.18 L
Q3 (Year 1)₹9,059₹5.27 L
Q4 (Year 1)₹9,217₹5.36 L
Q5 (Year 2)₹9,379₹5.45 L

State Bank of India FD - Key Features

  • -Largest public sector bank in India
  • -DICGC insured up to Rs. 5 lakh
  • -Special 400-day Amrit Kalash scheme available
  • -Senior citizens get 0.50% additional rate
  • -Tax Saving FD (5 years) eligible for 80C deduction

Frequently Asked Questions

What is the State Bank of India FD interest rate in 2026?

State Bank of India offers FD interest rates ranging from 3.5% to 7% p.a. for general citizens, depending on the tenure. Senior citizens typically earn 0.50% extra. The most popular 3-year FD earns 6.8% p.a. with quarterly compounding.

How much will Rs. 5 lakh grow in 3 years at State Bank of India?

Rs. 5 lakh (Rs. 500,000) invested in a State Bank of India FD for 3 years at 6.8% p.a. (quarterly compounding) will grow to approximately Rs. 6.12 lakh. Total interest earned = Rs. 1.12 lakh.

Is State Bank of India FD safe?

State Bank of India FDs are insured by DICGC (Deposit Insurance and Credit Guarantee Corporation) up to Rs. 5 lakh per depositor per bank. This covers both principal and interest. State Bank of India is a well-regulated bank under RBI, making its FDs a very safe investment for amounts within the insurance limit.