Fixed Deposit Interest on Rs 1 Lakh: Compared to SBI, HDFC Bank is offering more money on depositing Rs 1 lakh for 10 year
Which among HDFC, SBI and Post Office is offering higher interest rates to senior citizens? Know who is the best in terms of FD Calculator?
Fixed Deposit Interest on Rs 1 Lakh: Compared to SBI, HDFC Bank is offering more money on depositing Rs 1 lakh for 10 years.
FD of Rs 1 lakh can be for up to 10 years.
Which bank will give the highest interest on FD of Rs 1 lakh? see full list
Senior Citizen Fixed Deposit Interest calculation: Talking about FD (Fixed Deposit), many banks are currently offering high interest rate (high interest rate) to senior citizens. SBI and HDFC banks are offering up to 7.5 percent interest rate to senior citizens in the country. We are telling you what will be the benefit of depositing Rs 1 lakh in SBI, HDFC Bank and Post Office for 1, 3, 5 and 10 years. learn
SBI Fixed Deposit calculation
Rs 1 lakh Fixed Deposit for 1 year
The FD calculator shows that you can earn Rs 6,396 as interest on a deposit of Rs 1 lakh in SBI for 1 year. Senior citizens will get 6.25 percent interest for this period.
Rs 1 lakh Fixed Deposit for 3 years
If you deposit Rs 1 lakh in SBI for 3 years, you will get an interest of Rs 23,144. The FD calculator shows that senior citizens will get an interest of 7 per cent.
Rs 1 lakh Fixed Deposit for 5 years
Senior citizens can get an interest of Rs 44,995 on depositing Rs 1 lakh in SBI for 5 years. According to the FD calculator, the senior citizen will get 7.5 per cent interest for this period.
Rs 1 lakh Fixed Deposit for 10 years
According to the FD calculator, if Rs 1 lakh is deposited in SBI for 10 years, then an interest of Rs 1,10,235 will be received. During this period, senior citizens will get the benefit of 7.5 percent interest rate.
SBI Fixed Deposit calculation
Rs 1 lakh Fixed Deposit for 1 year
Depositing Rs 1 lakh in HDFC Bank for 1 year will earn an interest of Rs 7,291. According to the FD calculator, this bank will offer 7.1 percent interest rate to senior citizens.
Rs 1 lakh Fixed Deposit for 3 years
By depositing Rs 1 lakh in HDFC Bank for 3 years, you can get an interest of Rs 24,972. FD calculator shows that this bank offers 7.5 percent interest to senior citizens.
Rs 1 lakh Fixed Deposit for 5 years
If you deposit Rs 1 lakh in HDFC Bank for 5 years, you can earn Rs 44,995 as interest. According to FD Calculator, this bank is offering 7.5 percent interest to senior citizens.
Rs 1 lakh Fixed Deposit for 10 years
If you deposit Rs 1 lakh in HDFC Bank for 10 years, then you can get Rs 1,15,456 as interest. According to the FD calculator, this bank is offering 7.75 percent interest rate for senior citizens.
Post Office Fixed Deposit calculation
Rs 1 lakh Fixed Deposit for 1 year
If you deposit Rs 1 lakh in the post office for 1 year, then you will get Rs 6975 as interest. According to FD Calculator, the interest rate for senior citizens and common citizens will be 6.8 percent.
Rs 1 lakh Fixed Deposit for 3 years
If you deposit Rs 1 lakh in the post office for 3 years, then you will get Rs 23,144 as interest. FD calculator shows that 7 percent interest rate is offered to senior citizens as well as other citizens.
Rs 1 lakh Fixed Deposit for 5 years
According to the FD calculator, an interest of Rs 44,995 will be earned on a fixed deposit of Rs 1 lakh for 5 years. 7.5 percent interest rate is offered to senior citizens as well as common people.
It is worth noting that the post office does not offer the facility of fixed deposit for 10 years.
