The revised interest rate effective from 15 June 2025 for Rs. 1 lakh FD interest for 1 year in SBI Retail Domestic Term Deposits (below Rs. 3 crore), is 6.50% p.a. for the general public and 7.00% p.a. for senior citizens, on deposits with a tenor of 1 year to less than 2 years.
How Much is the SBI FD Interest Rates 1 Lakh?
For a General Public Depositor (below 60 years):
With a 6.50% annual rate of Rs. 100,000:
Interest earned = Rs. 100,000 × 6.50% = Rs. 6,500 in one year.
Total maturity value = Rs. 106,500, before tax.
For a Senior Citizen (60 years and above):
At 7.00% p.a.:
Interest earned = Rs. 100,000 × 7.00% = Rs. 7,000 in one year.
Total maturity value = Rs. 107,000, before tax.
SBI’s official rate sheet dated 15 June 2025, the bank currently offers 6.50% p.a. interest on one-year retail term deposits (for the general public), with senior citizens enjoying an enhanced 7.00% p.a. rate.
If you invest Rs. 1 lakh for one year, as a regular depositor you will earn Rs. 6,500 in interest, bringing the maturity proceeds to Rs. 1,06,500, before accounting for TDS (Tax Deducted at Source).
For senior citizens, the same deposit yields Rs. 7,000, lifting maturity value to Rs. 1,07,000 pre-tax.
In case of premature withdrawal, the interest rate applied will be reduced by 0.50% or 1% depending on the deposit amount, so it's best to keep the deposit till its term ends to maximize benefit.
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What is 1 Lakh FD Interest for 1 Year in SBI?
shivam
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2025-07-09T09:34:10+00:00 2025-07-09T09:34:12+00:00Comment
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