The State Bank of India (SBI), one of the country’s most trusted government banks, has introduced a refreshed Fixed Deposit (FD) scheme aimed at investors who prefer safe and stable returns. Along with updating its FD interest rates, the bank has announced better earnings potential for customers compared to earlier offerings.
According to the circulating information, under this new scheme an investment of ₹2 lakh is said to grow to a guaranteed maturity amount of up to ₹3,77,208. The scheme is being promoted as an ideal option for those who prioritize security over risk and want predictable, worry-free profits.
Latest SBI FD Rates (November 2025): What Investors Should Know
The State Bank of India (SBI) continues to strengthen its fixed-deposit offerings with competitive interest rates on deposits below ₹3 crore. The bank has also introduced special tenures that push returns even higher, especially for senior citizens, who can now earn up to 7.35% on select schemes.
Current SBI FD Interest Rates
| Tenure | General Rate | Senior Citizen Rate |
|---|---|---|
| 444 days (Amrit Vrishti) | 6.60% | 7.10% |
| 400 days (Special Tenure) | 7.10% | 7.60% |
| 5–10 years | 6.05% | 7.05% |
These revised rates cater to both short-term savers and long-term planners, offering dependable returns backed by the country’s most trusted government bank.
Added Value: What a ₹2,00,000 FD Actually Earns
To help investors set realistic expectations, here’s what top SBI schemes truly deliver on a ₹2 lakh deposit (approximate values with quarterly compounding):
1. Amrit Vrishti – 444 Days (6.6%)
- Maturity Amount: ~₹2,74,958
- Total Interest: ~₹74,958
- Why Choose It: Shorter lock-in but solid returns.
2. 400-Day Special Tenure – 7.1% (General)
- Maturity Amount: ~₹2,80,000
- Why Choose It: Best suited for those seeking higher short-term growth without long commitments.
3. SBI Patrons Scheme – Up to 7.6% (80+ Seniors)
- Maturity Amount: ~₹2,83,000 (for 2–3 year deposits)
- Why Choose It: Premium returns exclusively for SBI’s senior and super-senior customers.
Benefits and Eligibility: Who Should Choose SBI’s FD Schemes?
SBI’s fixed-deposit schemes are designed for conservative investors who prefer guaranteed growth with minimal risk. These plans offer stable returns along with useful banking benefits, making them a reliable choice for both short-term and long-term savings.
Key Benefits
- Assured, predictable returns: Perfect for investors who want safety over market-linked volatility.
- Loan facility up to 90%: Customers can borrow against their FD without breaking it—ideal for emergency liquidity.
- Premature withdrawal allowed: You can close the FD before maturity if needed, though standard penalty charges apply.
- Extra interest for seniors: Senior citizens can earn an additional 0.50% to 1.00% through special schemes like SBI WeCare or Patrons.
Eligibility
These FD schemes are accessible to a wide set of customers, including:
- Indian residents
- Senior and super-senior citizens
- Non-Resident Indians (NRIs) under NRE/NRO deposit options
Smart Tip for Investors
Use SBI’s official FD Calculator to estimate your personalized maturity value based on tenure, interest rate, and reinvestment frequency. Also, keep in mind that SBI revises interest rates periodically—usually every quarter—so always cross-check the latest rates at sbi.co.in before investing.