SBI vs BoB 5-year FD Returns: What could be your maturity amount on Rs 3 lakh and Rs 5 lakh investments?

SBI vs BoB 5-year FD Returns: State Bank of India (SBI) offers a 5-year fixed deposit at an interest rate of 6.05 per cent p.a. for general citizens and 7.05 per cent p.a. for senior citizens. You can choose between a standard 5-year term deposit or an SBI Tax Savings FD, which provides Section 80C tax benefits.

Bank of Baroda (BoB) offers a 5-year fixed deposit with general interest rates at 6.30 per cent p.a. and senior citizen rates at 6.90 per cent p.a. These deposits can be booked under regular or tax-saving schemes.

Let's explore this article to find out what could be the maturity amount if you invest a lump sum of Rs 3 lakh and Rs 5 lakh in State Bank of India fixed deposit and Bank of Baroda FD.

SBI vs BoB 5-year FD Returns: Check maturity amount on Rs 3 lakh and Rs 5 lakh investments

SBI 5-year FD interest rate for general citizens

Currently, State Bank of India is offering 6.05 per cent in its 5-year fixed deposit scheme.

SBI 5-year FD interest rate for senior citizens

Currently, State Bank of India is offering 7.05 per cent in its 5-year fixed deposit scheme.

BoB 5-year FD interest rate for general citizens

Currently, Bank of Baroda is offering 6.30 per cent in its 5-year fixed deposit scheme.

BoB 5-year FD interest rate for senior citizens

Currently, Bank of Baroda is offering 6.90 per cent in its 5-year fixed deposit scheme.

SBI 5-Year FD Returns: What could be maturity amount for Rs 3 lakh and Rs 5 lakh investments?

SBI 5-year FD: What could be maturity amount for general citizens on Rs 3 lakh investment

The estimated maturity amount would be Rs 4,05,053. The estimated return would be Rs 1,05,053.

SBI 5-year FD: What could be maturity amount for senior citizens on Rs 3 lakh investment

The estimated maturity amount would be Rs 4,25,478. The estimated return would be Rs 1,25,478.

SBI 5-year FD: What could be maturity amount for general citizens on Rs 5 lakh investment

The estimated maturity amount would be Rs 6,75,088. The estimated return would be Rs 1,75,088.

SBI 5-year FD: What could be maturity amount for senior citizens on Rs 5 lakh investment

The estimated maturity amount would be Rs 7,09,129. The estimated return would be Rs 2,09,129.

BoB 5-Year FD Returns: What could be maturity amount for Rs 3 lakh and Rs 5 lakh investments?

BoB 5-year FD: What could be maturity amount for general citizens on Rs 3 lakh investment

The estimated maturity amount would be Rs 4,10,070. The estimated return would be Rs 1,10,070.

BoB 5-year FD: What will be maturity amount for senior citizens on Rs 3 lakh investment

The estimated maturity amount would be Rs 4,22,353. The estimated return would be Rs 1,22,353.

BoB 5-year FD: What could be maturity amount for general citizens on Rs 5 lakh investment

The estimated maturity amount would be Rs 6,83,450. The estimated return would be Rs 1,83,450.

BoB 5-year FD: What could be maturity amount for senior citizens on Rs 5 lakh investment

The estimated maturity amount would be Rs 7,03,92. The estimated return would be Rs 2,03,921.