SBI Special FD 2025 Scheme : In a bid to offer more attractive returns to its depositors, the State Bank of India (SBI) has launched a special Fixed Deposit (FD) scheme in 2025. This scheme allows investors to earn a monthly income of up to ₹31,000. Designed as a limited-period offer, the scheme is available only until May 31, 2025. If you’re looking for a reliable, high-return investment option with monthly payouts, this SBI Special FD could be the right fit for you.
What Is the SBI Special FD 2025 Scheme?
The SBI Special FD 2025 is a time-bound fixed deposit scheme tailored for investors seeking a steady income. This scheme is particularly appealing to retirees and those looking for monthly interest payments.
- Monthly Income Plan: Assured monthly returns credited directly to your savings account.
- High Interest Rate: Offers better returns than regular FD schemes.
- Flexible Investment Amount: Minimum investment starts at ₹2 lakh.
- Tenure Options: Choose from 3, 5, or 10 years.
- Eligibility: Open to all Indian residents, senior citizens enjoy extra benefits.
How to Earn ₹31,000 Monthly from SBI FD?
To earn ₹31,000 every month, investors must opt for a higher deposit under the scheme. Here’s a breakdown based on current interest rates:
Monthly Interest Earnings Based on Investment Amount (at 7.4% annual rate)
| Investment Amount | Tenure | Interest Rate | Monthly Payout | Annual Return |
|---|---|---|---|---|
| ₹5,00,000 | 5 Years | 7.4% | ₹3,083 | ₹37,000 |
| ₹10,00,000 | 5 Years | 7.4% | ₹6,166 | ₹74,000 |
| ₹20,00,000 | 5 Years | 7.4% | ₹12,333 | ₹1,48,000 |
| ₹30,00,000 | 5 Years | 7.4% | ₹18,500 | ₹2,22,000 |
| ₹40,00,000 | 5 Years | 7.4% | ₹24,666 | ₹2,96,000 |
| ₹50,00,000 | 5 Years | 7.4% | ₹30,833 | ₹3,70,000 |
| ₹1,00,00,000 | 5 Years | 7.4% | ₹61,666 | ₹7,40,000 |
Note: These values are approximate and may vary based on interest compounding and tax deduction.
Key Benefits of SBI Special FD 2025
This scheme isn’t just about higher returns—it brings multiple investor-friendly benefits:
- Safe & Secure: Backed by India’s largest public sector bank.
- Guaranteed Returns: No market-linked risks.
- Monthly Liquidity: Perfect for those needing regular income.
- Senior Citizen Bonus: Additional interest rate of 0.50% p.a.
- Premature Withdrawal Allowed: With a nominal penalty.
- Loan Facility Available: Borrow against your FD in emergencies.
How to Apply for SBI Special FD Scheme?
Investing in the SBI Special FD 2025 is simple and hassle-free. You can do it through both offline and online channels:
Online Application (NetBanking/YONO App)
- Login to SBI NetBanking or YONO app.
- Select “Fixed Deposit” from the menu.
- Choose the “Special FD 2025” option.
- Enter amount, tenure, and payout preference.
- Confirm and complete the transaction.
Offline Process (Branch Visit)
- Visit your nearest SBI branch.
- Fill in the Special FD application form.
- Submit KYC documents (Aadhaar, PAN, etc.).
- Deposit the amount via cheque or cash.
Taxation Rules on SBI Fixed Deposits
Interest earned from FDs is taxable under “Income from Other Sources”. Here’s how it works:
| Annual Interest Earned | TDS Applicability | Senior Citizen Exemption |
|---|---|---|
| Up to ₹40,000 | No TDS | Up to ₹50,000 |
| Above ₹40,000 | 10% TDS Deducted | If not Form 15H filed |
- You can submit Form 15G (below 60) or 15H (above 60) to avoid TDS if your income is below the exemption limit.
Important Dates & Deadlines
| Event | Details |
|---|---|
| Scheme Launch Date | April 1, 2025 |
| Last Date to Invest | May 31, 2025 |
| Minimum Deposit | ₹2,00,000 |
| Maximum Tenure | 10 Years |
| Interest Payment Frequency | Monthly |
| Senior Citizen Extra Rate | +0.50% |
Who Should Invest in This FD?
This scheme is ideal for:
- Retired Individuals seeking a steady income source.
- Low-Risk Investors preferring assured returns over market-linked funds.
- Parents planning future education/marriage expenses.
- Working Professionals wanting to diversify their portfolio.
Things to Consider Before Investing
- Interest rates may differ slightly based on investment tenure.
- Premature withdrawal penalties can reduce overall return.
- Not suitable for aggressive growth investors.
- Tax liability can affect net income unless exemption forms are submitted.
Limited Time, Lifetime Benefit
The SBI Special FD 2025 scheme is a golden opportunity for conservative investors looking to earn a stable monthly income without risking their capital. With returns as high as ₹31,000 per month and a government-backed institution offering it, the scheme offers both safety and profitability.
The interest rates and benefits mentioned are based on current SBI offerings as of April 2025. Rates are subject to revision by the bank. Investors are advised to consult their financial advisor or visit their nearest SBI branch for the latest details.
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