SBI 1777 Days Green Rupee Term Deposit FD: Banks offer special fixed deposit (FD) schemes for limited durations. These FDs have unique durations and often provide additional interest rates to their depositors. Special FDs can be callable and non-callable.
But investors who can deposit for the entire duration of the special FD most likely get better interest rates compared to the rates of the FDs of nearly or slightly higher duration.
Since special FDs are launched for a certain duration, banks can extend the deadline based on investor response.
State Bank of India runs a special FD called SBI Green Rupee Term Deposit (SGRTD). The special FD has three schemes.
SBI Green Rupee Term Deposit: Types of FDs
The special FD offers schemes for 1,111 days, 1,777 days and 2,222 days.
SBI Green Rupee Term Deposit: Interest rates for general citizens
The interest rates in its 1,111-day and 1,777-day FDs are 6.65 per cent, while in the 2,222-day FD, it is 6.40 per cent.
SBI Green Rupee Term Deposit: Interest rates for senior citizens
Senior citizens get 7.15 per cent interest rate in its 1,111-day and 1,777-day FDs, while they get 7.40 per cent interest rate in its the 2,222-day FD.
SBI Green Rupee Term Deposit: Other facilities available
Premature withdrawal
Loan against FD
Nomination
SBI Green Rupee Term Deposit 1,777-Day FD: Maturity for general citizens on Rs 11 lakh investment
The estimated interest will be Rs 41,6497.23 and the estimated maturity will be Rs 15,16,497.23.
SBI Green Rupee Term Deposit 1,777-Day FD: Maturity for general citizens on Rs 21 lakh investment
The estimated interest will be Rs 7,95,131.08 and the estimated maturity will be Rs 28,95,131.08.
SBI Green Rupee Term Deposit 1,777-Day FD: Maturity for senior citizens on Rs 11 lakh investment
The estimated interest will be Rs 4,53,224.21 and the estimated maturity will be Rs 15,53,224.21.
SBI Green Rupee Term Deposit 1,777-Day FD: Maturity for senior citizens on Rs 21 lakh investment
The estimated interest will be Rs 8,65,246.22 and the estimated maturity will be Rs 29,65,246.22.