🏦 SBI Annuity Deposit Scheme Calculator 2025 💰
Calculate Your Monthly Income with Latest Interest Rates
SBI Annuity Calculator
Enter your details below to calculate monthly annuity income
Calculation Results
SBI Annuity Deposit Interest Rates 2025
| Tenure | General Public | Senior Citizens |
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Monthly Income Projection
✨ Key Features & Benefits ✨
Why choose SBI Annuity Deposit Scheme?
Bank Guarantee
Backed by State Bank of India, India’s largest bank with government guarantee
Regular Income
Guaranteed monthly payments combining principal and interest for steady cash flow
Senior Benefits
Higher interest rates for senior citizens aged 60 years and above
Flexible Tenure
Choose from 3, 5, 7, or 10 years based on your financial planning needs
Premature Withdrawal
Allowed up to ₹15 lakhs with applicable penalty charges for emergencies
DICGC Insured
Deposits insured up to ₹5 lakhs under Deposit Insurance and Credit Guarantee Corporation
How SBI Annuity Deposit Works
Make Deposit
Invest lump sum amount (minimum ₹25,000)
Choose Tenure
Select 3, 5, 7, or 10 years period
Get Monthly Income
Receive fixed monthly payments
Complete Return
Full principal + interest returned
Frequently Asked Questions
What is the minimum deposit amount?
The minimum deposit amount is ₹25,000 based on minimum monthly annuity of ₹1,000. There is no maximum limit.
Can I withdraw money before maturity?
Yes, premature withdrawal is allowed up to ₹15 lakhs with penalty charges as applicable to term deposits.
How is the monthly income calculated?
Monthly payments consist of both principal and interest components. Interest is compounded quarterly but paid monthly.
What are the tax implications?
Interest earned is subject to TDS. Senior citizens can claim deduction up to ₹50,000 under Section 80TTB.
Is loan facility available?
Yes, loans or overdrafts up to 75% of the balance amount can be availed against the annuity deposit.
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For Official SBI Information
Visit the official SBI website or trusted financial portals for the most up-to-date information and terms.
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