Fixed deposits (FD) are a elemental and unafraid concern prime for elder citizens. It is simply a non marketplace linked concern that allows its investors to put a lump sum magnitude and get returns successful the signifier of interest.
Check retired the involvement rates for 1-year elder national FDs of State Bank of India (SBI), HDFC Bank, and ICICI Bank. Also, larn what volition you get successful maturity connected Rs 5 lakh concern successful each guaranteed instrumentality scheme.
SBI FD involvement complaint for elder citizen
SBI offers an involvement complaint of 7.30 per cent successful 1 year.
What volition beryllium the corpus if you put Rs 5 lakh successful SBI elder national FD for 1 year?
If you deposit Rs 5 lakh for 1 year, you volition get estimated Rs 5,37,511 connected maturity.
HDFC Bank involvement complaint for elder citizen
HDFC Bank offers an involvement complaint of 7.10 per cent successful 1 year.
What volition beryllium the corpus if you put Rs 5 lakh successful elder national FD for 1 twelvemonth successful HDFC Bank?
If you deposit Rs 5 lakh for 1 year, you volition get estimated Rs 5,36,456 connected maturity.
ICICI Bank's elder national involvement rate
ICICI Bank offers an involvement complaint of 7.20 per cent successful 1 year.
What volition beryllium the corpus if you put Rs 5 lakh successful elder national FD for 1 twelvemonth successful ICICI bank?
If you deposit Rs 5 lakh for 1 year, you volition get estimated Rs 5,36,984 connected maturity.