SBI Super RD Plan! By depositing Rs 5,000 every month, you will get Rs 3,54,957, know the details. business news in hindi

SBI RD Account: There is good news for those who have accounts in State Bank (SBI Account). SBI Bank is giving special offers to the customers for investment. If you also have an account in the country’s largest government bank, then you can be benefited.

In this scheme of SBI, you will get interest of about Rs 55,000. In this scheme of SBI, you will not have to deposit any money at one go. If you also get RD done in SBI, then common customers will get interest ranging from 6.50 percent to 7 percent. Even if you deposit your small savings every month, you can create a huge fund in it.

sbi recurring deposit

SBI offers RD for a tenure of one year to ten years. In this, a minimum of Rs 100 can be deposited every month. SBI’s RD is giving 6.5% to 7% interest for general public and 7% to 7.5% interest for senior citizens. These rates are applicable from 15 February 2023.

sbi rd interest rates

1 year to less than 2 years 6.80% for general and 7.30% for senior citizens.

2 years to less than 3 years 7% (General) 7.50% (Senior Citizens)

3 years to less than 5 years 6.50 (General) 7.00 (Senior Citizens)

Upto 5 years and 10 years 6.50 (General) 7.50 (Senior Citizen)

You will get around Rs 55,000 in SBI RD

RD ie Recurring Deposit Scheme is a scheme in which money is deducted from your bank account every month. For example, suppose you deposit Rs 5,000 every month in an RD for 5 years, then you will get an interest rate of 6.50%. Accordingly, you will get an interest of about Rs 54,957 on maturity. Let us tell you that your investment of Rs 5000 every month in 5 years will be Rs 3 lakh, but on maturity you will get around Rs 3,54,957 lakh. Out of this Rs 3 lakh will be your investment and the interest amount will be around Rs 54,957.

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