SBI FD Plan 2025: Get 7.75% Returns with Safe Investment Option

State Bank of India (SBI) is one of the most trusted banks in India. It is very popular for safe and steady investment plans. In 2025, SBI has updated its Fixed Deposit (FD) rates, and the news is great for senior citizens. Now, retirees can get up to 7.75% annual interest on deposits between ₹3 lakh and ₹9 lakh. This makes SBI one of the top banks offering high FD returns.

What’s New in 2025 FD Rates?

For normal customers, SBI gives interest rates up to 7.25%. But senior citizens get an extra 0.50% benefit. This means seniors can now earn 7.75% on certain deposits. These rates are designed to help retirees earn more without worrying about market ups and downs. Seniors can choose monthly payouts or get a lump sum at maturity.

Deposit Range and Tenure Options

SBI offers flexibility for seniors investing from ₹3 lakh to ₹9 lakh. The bank has different tenures ranging from one year to five years. Seniors can pick a cumulative FD where interest is added and paid at maturity. Or they can go for a monthly income FD where interest is credited every month. This helps seniors manage daily expenses or medical needs with ease.

SBI FD Rate Chart 2025 for Senior Citizens

Here is the updated rate chart for senior citizens:

Tenure	Interest Rate (for ₹3–9 lakh)
1 – 2 years	7.25%
2 – 3 years	7.50%
3 – 5 years	7.75%
Above 5 years	7.00%

The best rate is 7.75% for deposits between 3 to 5 years. Mid-term deposits are the most rewarding option for seniors.

Why This Matters for Retirees

Retirees need safe income for monthly bills and health care costs. A higher FD rate means they earn more interest without any risk. For example, a ₹5 lakh deposit at 7.75% for five years gives about ₹38,750 interest every year. This extra income can cover many household expenses. SBI FDs are reliable and give peace of mind compared to risky market investments.

Taxation Angle

Interest earned on SBI FDs is taxable under income tax rules. But seniors can claim up to ₹50,000 deduction under Section 80TTB. This lowers the tax burden and improves actual returns. With this tax benefit, SBI’s FD plan becomes even better for retirees who want safe and tax-efficient income.

Conclusion

SBI FD Plan 2025 is a very strong option for senior citizens. With deposits from ₹3 lakh to ₹9 lakh, seniors can earn up to 7.75%. The plan gives safe returns, flexible choices, and useful tax benefits. For retirees who want a steady income without taking risks, SBI’s FD is one of the best investment options.

Disclaimer

This article is for general information only. SBI may change interest rates at any time. Readers should check official SBI updates or consult a financial advisor before investing.

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