Currently, customers are benefiting from very attractive interest rates in the State Bank of India's (SBI) FD scheme.

If you invest Rs 5 lakh in SBI's FD scheme, how much money will you get back?

Let's do a complete calculation. But first, let's discuss the interest rates SBI is offering.

SBI is providing interest rates ranging from 3.50 percent to 7.10 percent to its customers in its fixed deposit scheme.

Please note that these interest rates vary according to the tenure, which ranges from 7 days to 10 years, and you can invest your money for any duration within this period.

Senior citizens receive significantly higher interest rates compared to the general public when they invest in SBI's FD scheme.

If you invest Rs 5 lakh in a 5-year SBI FD scheme, you will receive interest rates ranging from 6.50 percent to 7.50 percent.

Based on these interest rates, the returns range from ₹6,90,210 to ₹7,24,974. This calculation is based on an interest rate range of 6.50 percent to 7.50 percent.