SBI vs Post Office FD Calculator: People invest in Fixed Deposit for safe investment and guaranteed returns. Common investors invest in FD schemes of banks and post offices. Do you know which option of FD in Post Office or SBI gives you a better option?

State Bank of India offers interest ranging from 3.50% to 7.25% on FD. On the other hand, customers are given interest ranging from 6.9% to 7.5% on Post Office Time Deposit.

How much return will be available on a 5-year FD

If investors want to invest in a 5-year FD, then the State Bank of India will give a return of 6.5%. On the other hand, the post office gives a return of 7.5% for this period.

Return on 5-year FD in SBI

Amount invested: ₹3,50,000

Interest rate: 6.50 percent per annum

Estimated return: ₹1,33,147

Total value on maturity: ₹4,83,147

Return on a 5-year time deposit in the post office.

Amount invested: ₹3,50,000

Interest rate: 7.50 percent per annum

Estimated return: ₹1,57,482

Total value on maturity: ₹5,07,482

The post office has more profit than SBI.

If you invest Rs 3.5 lakh in SBI for 5 years, you will get an interest of Rs 1,33,147 at the rate of 6.5 percent. In this way, you will get a total of Rs 4,83,147 on maturity. If you invest Rs 3.5 lakh in post office time deposit for 5 years, you will get an interest of Rs 1,57,482 at the rate of 7.5 percent. In this way, you will get a total of Rs 5,07,482 on maturity.

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