Latest News

SBI FD Scheme: Money will double in 10 years


➡️ Click here to join our Whatsapp Group

Hello everyone, you must have read the title of this article and I am sure you must be excited to know about this FD scheme in which money will get double.

Everyone want a good return on their investment and it is just awesome if the return comes without any risk. SBI, the largest bank in India is offering good interest in FD scheme.

Suppose, you deposit Rs 10 lakh in lump sum in SBI’s 10-year maturity scheme. According to SBI FD Calculator, the investor will get a total of approximately Rs 20,31,000 on maturity at a 7.15 per cent annual interest rate. In this, there will be fixed income of Rs 10,31,000 from interest.

So, as you can see, if you invest Rs.10 lacs in SBI FD then you can surely earn Rs.10 lacs in next 10 years.

Other investment options

If you don’t want to invest in FD, then you can put your money in other investment plans such as SIP, Mutual Funds, etc.. They also offer good investment option but are a little risky and these investment options are dependant on market. If market goes down then your money may go down but if market is on the rise, then you may see a good return on your investment.

Leave a Reply

Your email address will not be published. Required fields are marked *