Do you look for a safe and rewarding way to invest some of your hard-earned savings? If financial security and stable returns are right at the top of your list, this latest fixed deposit offer from the State Bank of India (SBI) would be a good choice for you.
SBI has altered interest rates on its Fixed Deposit schemes effective 2025, chiefly among which is a special 444-day FD plan that brings in an attractive interest of 9.79% per annum for regular depositors and an even higher interest for senior citizens.
Key Features of SBI FD Scheme 2025
| Feature | Details |
|---|---|
| Scheme Name | SBI Fixed Deposit Scheme 2025 |
| Tenure | 444 Days |
| Interest Rate (General) | 9.79% p.a. |
| Interest Rate (Senior Citizens) | 10.29% p.a. |
| Minimum Deposit | ₹1,000 |
| Maximum Deposit | No upper limit |
| Premature Withdrawal | Available (with penalty) |
| Online FD Option | Yes |
What is the SBI Fixed Deposit Scheme 2025?
The SBI FD Scheme 2025 entails a new deposit plan introduced by SBI wherein a certain amount can be deposited for a specific period and earn interest at a predetermined rate. The scheme is especially designed for people who want security over investing funds in risky avenues.
SBI FD Interest Rates 2025 – At a Glance
For the General Public:
- 7 to 45 days – 3.50% p.a.
- 46 to 179 days – 5.50% p.a.
- 180 to 210 days – 6.25% p.a.
- 211 days to <1 year – 6.50% p.a.
- 1 to <2 years – 6.80% p.a.
- 2 to <3 years – 7.00% p.a.
- 3 to <5 years – 6.75% p.a.
- 5 years and above – 6.50% p.a.
- 444 Days (Amrit Vrishti) – 9.79% p.a.
Calculate Your Returns with SBI FD Calculator
Let’s break down the potential returns:
If you invest ₹1,00,000 in the 444-day scheme:
- Regular Investor: Maturity amount – ₹1,11,891
- Senior Citizen: Maturity amount – ₹1,12,527
This scheme ensures your money works harder while staying protected.
Advantages of SBI FD in Taxation
- The generated interest is taxable in accordance with your income slab.
- The 5-year Tax Saving FD is eligible for deduction under Section 80C (up to ₹1.5 lakh).
- If your income is below the taxable limit, present Form 15H/15G, to avoid TDS.
SBI FD vs Other Investment Options
| Investment Type | Returns | Risk | Liquidity |
|---|---|---|---|
| SBI Fixed Deposit | Up to 9.79% | Low | Medium |
| PPF | 7.1% | Very Low | Low |
| Mutual Funds | 10-12% (est.) | Moderate | High |
| Stock Market | 15-20% (est.) | High | High |
SBI FD Investors Important Guidelines
Premature withdrawal: Allowed, but with a penalty.
- TDS deduction: Above ₹40,000 (₹50,000 for a senior citizen), TDS would be deducted on the interest earned.
- Nomination Facility: Provision exists to add a nominee at the time of opening an account.
- Auto-Renewal: Available option to continue growing at the end of the maturity.
How to Open an SBI Fixed Deposit
Online Method:
- Log in to SBI’s official website or app
- Choose the ‘Fixed Deposit’ option
- Enter your details and deposit amount
- Upload KYC documents
- Make a payment and confirm the FD