Date: 25 June 14

http://www.moneycontrol.com/fixe
http://easycalculation.com/finance/recurring-deposits-maturity-value.php
Compounded Quarterly
RD's
Amount/month
Rate
Year
Months
Return
Rate
1000
9
1
0
12,596.82
9
5000

62,984.08

2000

8.5

162,097.05

8.5

10000

8.75

575,622.10

8.75

DOMESTIC TERM DEPOSITS

The revised interest rates for Domestic Term Deposits Below Rupees One Crore effective from the 18.02.2

(All figures in % per annum)

Existing

Revised

Tenors

for
Public

For
Public
w.e.f.
18.02.20
14

7 days to
90 days

7.5

7.5

91 days to
179 days

7.5

7.5

180 days
to 210
days

211 days
to less
than 1
year

7.5

7.5

1 year to
less than
2 years

8.75

2 years to
less than
3 years
3 years
to less
than 5
years

3 years
to less
than 5
years

8.75

5 years
and up to
10 years

8.5

RD
http://www.moneycontrol.com/fixed-income/calculator/state-bank-of-india-sbi/fixed-deposit-calculator-SBI-BSB001.html
Years =
1
1
Compounded Quarterly
Int. =
9
9
FD's
Amount=
1000
5000
Amount
Return
Amount
Return
12000
13117
1000
1093
Months
Years Left
60000
65585
5000
5465
1
1.000
1.000
2
0.917
0.917
128000
200450
2000
3132
3
0.833
0.833
4
0.750
0.750
678,587
480000
10000
14137
5
0.667
0.667
6
0.583
0.583
7
0.500
0.500
8
0.417
0.417
One Crore effective from the 18.02.2014 would be as under:
9
0.333
0.333
10
0.250
0.250
Revised

11

0.167

0.167

for
Senior
Existing Citizens
w.e.f.
for
18.02.2
Senior
014
Citizens

12

0.083

0.083

13

7.5

14
15

7.5

16
17

18
19

7.5

7.5

20
21

9.25

22
23

9.25

9.25

24
25

9.25

7.5
7.5

9.25

26

585.000 2925.000

9.25

9.25

8.75

27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64

CORRECT

culator-SBI-BSB001.html
5.3333
8.5
2000

4
8.75
10000

5.333
5.250
5.167
5.083
5.000
4.917
4.833
4.750
4.667
4.583

4.000
3.917
3.833
3.750
3.667
3.583
3.500
3.417
3.333
3.250

1007.5
2022.556
3045.225
4075.565
5113.631
6159.484
7213.18
8274.779
9344.339
10421.92

Months
1
2
3
4
5
6
7
8
9
10

4.500

3.167

11507.59

11

4.417

3.083

12601.39

12

4.333

3.000

4.250
4.167

2.917
2.833

4.083
4.000

2.750
2.667

3.917
3.833

2.583
2.500

3.750
3.667

2.417
2.333

3.583
3.500

2.250
2.167

3.417
3.333

2.083
2.000

3.250

1.917

Compounded
Monthly
0.083333

Compd.
Quarterly
0.083333

3045.0

6158.5

9342.079

12597.28 equal to

12,596.82

3.167

1.833

3.083
3.000
2.917
2.833
2.750
2.667
2.583
2.500
2.417
2.333
2.250
2.167
2.083
2.000
1.917
1.833
1.750
1.667
1.583
1.500
1.417
1.333
1.250
1.167
1.083
1.000
0.917
0.833
0.750
0.667
0.583
0.500
0.417
0.333
0.250
0.167
0.083
29466.67

1.750
1.667
1.583
1.500
1.417
1.333
1.250
1.167
1.083
1.000
0.917
0.833
0.750
0.667
0.583
0.500
0.417
0.333
0.250
0.167
0.083
85750