SBI FD Scheme 2025: Deposit ₹1 Lakh and Get Up to ₹1.24 Lakh at Maturity – Know Interest Rates and Returns

New Delhi The State Bank of India (SBI), India’s largest public sector bank, has made minor reductions in its Fixed Deposit (FD) interest rates following the recent 0.25% repo rate cut by the Reserve Bank of India (RBI). While the rate adjustment may appear small, SBI’s FD schemes still offer attractive and stable returns, especially for senior citizens looking for safe investment options.

Let’s take a detailed look at how you can grow your money with an SBI FD of ₹1 lakh over a 3-year period.

Updated Interest Rates SBI FD (April 2025)

• General Citizens: 3.50% to 7.05%
  (Earlier: up to 7.25%)

• Senior Citizens: 4.00% to 7.55%
  (Earlier: up to 7.75%)

For 2 to 3 years FD:

• General Public: 6.90%

• Senior Citizens: 7.40%

Returns on ₹1 Lakh FD for 3 Years

If you invest ₹1,00,000 in SBI’s 3-year FD scheme:

• General Customer:

  • Total Maturity Amount: ₹1,22,781

  • Interest Earned: ₹22,781

• Senior Citizen:

  • Total Maturity Amount: ₹1,24,604

  • Interest Earned: ₹24,604

These returns are based on compounded interest over the FD tenure and may slightly vary based on prevailing conditions and compounding frequency.

Why SBI FD Still Makes Sense in 2025

• Stable & Secure: Government-backed bank with a high trust factor

• Guaranteed Returns: Ideal for low-risk investors

• Extra Benefits for Seniors: Additional 0.50% interest for senior citizens

• Flexible Tenure Options: From 7 days to 10 years

• Nomination & Loan Facility: Available on most FD accounts

Pro Tip for Investors

While rates have dipped marginally, SBI remains a safe haven for fixed income seekers, especially for retirees and conservative investors. Consider laddering your FDs or diversifying between short-term and mid-term tenures for better liquidity and returns.