SBI FD 2025 : India’s largest public sector bank, has introduced an exclusive Fixed Deposit (FD) plan tailored for individuals seeking steady monthly income. This special FD scheme allows investors to earn up to ₹31,000 every month, making it ideal for retirees, salaried individuals, and anyone looking to secure predictable returns. With a limited window open until 31st May 2025, now is the time to act and make your money work smarter.
SBI FD 2025 : What Is the SBI Special FD Plan 2025?
SBI’s Special FD Plan for 2025 is a high-interest fixed deposit scheme offering attractive monthly payouts. The scheme is designed to provide stable and guaranteed income over a fixed tenure, ensuring peace of mind for investors.
Key Features of the SBI Special FD:
- Monthly income option with predictable returns
- Investment tenure ranges from 5 to 10 years
- Annualized interest rate of up to 7.75% (subject to category and amount)
- Senior citizens get additional interest rate benefit
- Premature withdrawal and loan against FD options available
- Safe and secure investment backed by the Government of India
Eligibility Criteria and Investment Range
To ensure wide accessibility, SBI has kept the eligibility and investment requirements quite flexible. Here are the details:
| Criteria | Details |
|---|---|
| Who Can Apply | Indian residents, senior citizens, NRIs |
| Minimum Investment | ₹1,00,000 |
| Maximum Investment | No upper limit |
| Interest Payout | Monthly via SBI Savings/Current Account |
| Tenure Options | 5 years to 10 years |
| Last Date to Apply | 31st May 2025 |
How to Earn ₹31,000 Monthly from SBI FD?
To earn ₹31,000 per month from this plan, you need to make a lump-sum investment that generates monthly interest at the prevailing rate. Let’s look at how much you need to invest.
| Investment Amount | Interest Rate (approx.) | Monthly Income |
|---|---|---|
| ₹40,00,000 | 7.75% | ₹25,833 |
| ₹45,00,000 | 7.75% | ₹29,062 |
| ₹48,00,000 | 7.75% | ₹31,000 |
| ₹50,00,000 | 7.75% | ₹32,291 |
| ₹60,00,000 | 7.75% | ₹38,750 |
| ₹70,00,000 | 7.75% | ₹45,208 |
| ₹75,00,000 | 7.75% | ₹48,438 |
*Note: Actual monthly income may vary slightly based on the interest payout method and tax deductions.
Interest Rates and Senior Citizen Benefits
SBI offers a higher interest rate for senior citizens under this plan, making it particularly appealing for retirees. Here is how the rates differ:
| Category | Interest Rate (Annualized) |
|---|---|
| General Public | Up to 7.25% |
| Senior Citizens | Up to 7.75% |
| SBI Staff/Retirees | Additional 0.50% |
*Rates are subject to periodic revision based on RBI policies and SBI’s internal guidelines.
Why Choose SBI’s Monthly Income FD in 2025?
- Steady Cash Flow: Ideal for managing monthly expenses after retirement or job change
- Government-backed Security: SBI is a public sector bank, making it a low-risk investment
- Flexible Options: Choose tenure and payout frequency as per your needs
- Tax Deducted at Source (TDS): Automatically applied on interest income exceeding ₹40,000 annually (₹50,000 for senior citizens)
- Online/Offline Access: Can be opened via SBI Net Banking, YONO app, or by visiting a branch
See more : Is It Now Mandatory for Two-Wheelers?
How to Apply for SBI Special FD Plan 2025?
Applying is easy and convenient. Follow these steps to start earning monthly income:
- Visit your nearest SBI branch or login to SBI Internet Banking/YONO app
- Select ‘Fixed Deposit’ → Choose ‘Monthly Income Scheme’
- Enter your investment amount and tenure
- Submit PAN card, Aadhaar card, and address proof
- Complete the payment and receive instant FD receipt confirmation
Who Should Consider This Plan?
This FD plan is suitable for:
- Retirees looking for fixed monthly income
- Salaried professionals planning future passive income
- Homemakers seeking secure investment options
- Parents planning for children’s monthly education or living expenses
- NRIs looking for India-based income
Taxation on Interest Income
It is important to note that the interest earned is taxable. Here’s how the taxation works:
- TDS applies if interest exceeds ₹40,000/year (₹50,000 for senior citizens)
- Investors can submit Form 15G/15H to avoid TDS if eligible
- Interest is added to your total income and taxed as per applicable slab
Important Dates to Remember
| Event | Date |
|---|---|
| Plan Launch | April 2025 |
| Last Date to Apply | 31st May 2025 |
| Interest Payout Begins | Within 30 days of deposit |
| Early Withdrawal Allowed After | 6 months (with penalty) |
SBI’s Special FD Plan 2025 is an excellent opportunity for those looking for guaranteed monthly income without market risks. With interest rates as high as 7.75% and the backing of a government-owned institution, this plan offers a rare combination of safety, returns, and liquidity.
However, potential investors should factor in inflation and taxation before locking funds for a long period. Consulting a financial advisor is recommended, especially if you are investing a large amount.
This article is for informational purposes only. Interest rates, benefits, and terms are subject to change as per SBI’s discretion. Please verify all details from the official SBI website or branch before investing. We are not affiliated with SBI or any financial institution.
