SBI FD Calculator
Maturity value of an SBI fixed deposit at SBI's current rates: the rate for your tenure is filled in for you, general or senior citizen.
SBI pays 6.25% on a 1-year FD for the general public, 6.40% for 2 to 3 years, and 0.50% more to senior citizens (7.05% for 5 to 10 years). ₹1 lakh for one year grows to ₹1,06,398. Rates as of 15 December 2025 (SBI's rate page, last updated 19 October 2026).
The words on this page, explained simply
New to this? Here is what each term means, in plain English.
- Fixed deposit (FD)
- Money left with a bank for a fixed time at a fixed interest rate.
- Card rate
- The interest rate a bank publishes for each FD length. Your deposit keeps the rate of the day you open it until it matures.
- Senior citizen rate
- A higher FD rate for people aged 60 and over: at SBI, 0.50% more than the normal rate.
- Compounded quarterly
- Interest is added every three months and then itself earns interest, so the real yearly gain is a little more than the stated rate.
- Maturity
- The day a deposit or scheme ends and pays you out. The maturity value is what you get that day.
- Effective yield
- The real yearly gain once compounding is counted. 7.5% compounded every quarter works out to about 7.71% a year.
- TDS on FD interest
- Tax the bank cuts from your FD interest before paying it: 10% once interest from that bank goes above ₹50,000 in a year (₹1 lakh if you are 60 or over). You count it against your tax when you file your return. Form 15G or 15H stops it if your income is below the taxable limit.
This calculator uses SBI's own card rates for retail deposits below ₹3 crore and SBI's method: interest compounded every quarter, simple interest on deposits under 6 months. Pick a tenure and the matching rate is filled in.
SBI FD interest rates
| Tenure | General public | Senior citizens (60+) |
|---|---|---|
| 7 to 45 days | 3.05% | 3.55% |
| 46 to 179 days | 4.90% | 5.40% |
| 180 to 210 days | 5.65% | 6.15% |
| 211 days to under 1 year | 5.90% | 6.40% |
| 1 year to under 2 years | 6.25% | 6.75% |
| 2 years to under 3 years | 6.40% | 6.90% |
| 3 years to under 5 years | 6.30% | 6.80% |
| 5 years to 10 years | 6.05% | 7.05% |
| Amrit Vrishti (444 days) | 6.45% | 6.95% |
Rates in % a year for retail domestic term deposits below ₹3 crore, effective 15 December 2025 (SBI's rate page, last updated 19 October 2026). The senior rate for 5 to 10 years includes the 0.50% 'SBI WeCare' premium. Super senior citizens (80+) get 0.10% more than the senior rate. Check sbi.bank.in before you book: SBI changes rates after RBI policy moves.
Worked example
A senior citizen putting ₹5 lakh in an SBI FD for 3 years at 6.80% gets about ₹6,12,099 at maturity, ₹1,12,099 of interest.
Tax and TDS
Banks deduct 10% TDS when your FD interest from one bank goes above ₹50,000 in a tax year (₹1 lakh for senior citizens), or 20% without a PAN. Submit Form 15G (15H if you are 60 or over) if your total income is below the taxable limit. FD interest is taxed at your slab rate either way.
Key takeaways
- SBI 1 year: 6.25% (6.75% senior); 2-3 years: 6.40% (6.90%); 5-10 years: 6.05% (7.05%).
- Interest compounded every quarter; simple interest under 6 months.
- TDS above ₹50,000 of interest a year (₹1 lakh for seniors).
Frequently asked questions
What is SBI's FD interest rate now?
6.25% for 1 year, 6.40% for 2 to 3 years, 6.30% for 3 to 5 years and 6.05% for 5 to 10 years for the general public; 0.50% more for senior citizens. Effective 15 December 2025 (SBI's rate page, last updated 19 October 2026).
What is the SBI senior citizen FD rate?
0.50% above the general rate: 6.75% for 1 year, 6.90% for 2 to 3 years, and 7.05% for 5 to 10 years including the WeCare premium.
How much will ₹1 lakh give in SBI FD for 1 year?
About ₹1,06,398 at 6.25%.
What is SBI Amrit Vrishti?
A 444-day SBI deposit at 6.45% (6.95% for senior citizens).