SBI FD vs HDFC Bank FD vs ICICI Bank 1 year FD Calculator: What will you gain on maturity if you invest Rs 5 lakh in each guaranteed return scheme
Fixed deposits (FD) are an easy and secure investment choice for senior citizens. It is an investment that is not linked to the market which allows its investors to invest a lump sum and get returns in the form of interest.
Check the 1 year senior citizen FD interest rates of State Bank of India (SBI), HDFC Bank, and ICICI Bank. Also, learn what you will get at maturity on an investment of Rs 5 lakh in each guaranteed return scheme.
SBI FD interest rate for adults
SBI offers an interest rate of 7.30 percent for 1 year.
What will be the corpus if you invest Rs 5 lakh in SBI senior citizen FD for 1 year?
If you invest Rs 5 lakh for 1 year, you will get Rs 5,37,511 approx at maturity.
HDFC Bank interest rates for adults
HDFC Bank offers an interest rate of 7.10 percent for 1 year.
What will be the association if you invest Rs 5 lakh in senior citizen FD for 1 year in HDFC bank?
If you invest Rs 5 lakh for 1 year, you will get Rs 5,36,456 approx on maturity.
ICICI Bank senior citizens interest rate
ICICI Bank offers an interest rate of 7.20 percent for one year.
What will be the cup if you invest Rs 5 lakh in senior citizen FD for one year in ICICI bank?
If you invest Rs 5 lakh for 1 year, you will get Rs 5,36,984 approx on maturity.
