SBI Update: Money will double in this scheme of SBI, one lakh will become 2 lakh in this time...

SBI... Many schemes are being run for the customers by the State Bank of India (SBI FD Scheme). A fixed deposit is the best option for investment at this time. In this, you can double your money without taking any risk. From SBI, customers get the option of fixed deposits of different tenures. From the bank, customers get FD facilities ranging from 7 days to 10 years.

Let us tell you that SBI is providing FD facilities for different maturity periods. The bank is giving interest to customers at the rate of 3 percent to 6.5 percent. Apart from this, Senior Citizens Bank is offering interest benefits ranging from 3.5 percent to 7.5 percent.

1 lakh will become 2 lakh-
Suppose you deposit Rs 1 lakh in a lump sum in SBI for 10 years of maturity, your money will double. According to the SBI FD calculator, investors will get Rs 90,555 lakh as interest at the rate of 6.5 percent. Investors will get Rs 90,555 on maturity after 10 years.

Senior citizens will get Rs 2,10,234-
Apart from this, senior citizens are getting interest at the rate of 7.5 percent. If a senior citizen makes an FD for a maturity of 10 years, his money will double. If you invest Rs 1 lakh in a 10-year FD, you will get Rs 2,10,234 on maturity. In this, there will be fixed income of Rs 1,10,234 from interest.
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