Looking for a safe investment option that gives you a guaranteed monthly income? The SBI Special Fixed Deposit Scheme 2025 is making headlines for all the right reasons. Designed by the State Bank of India, this exclusive scheme offers a fixed payout of ₹31,000 every month, ensuring stable returns without any market risk. With the deadline to apply set for May 31, 2025, now is the time to take action if you want peace of mind with your money.
What is SBI Special FD 2025?
The SBI Special FD 2025 is a limited-time fixed deposit plan offering monthly income, specifically tailored for individuals who want consistent earnings post-retirement or as a secondary income source. This non-cumulative FD pays out interest monthly while the principal remains locked-in for a chosen tenure.
Key features include:
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Guaranteed ₹31,000 monthly income
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Tenure options from 3 to 10 years
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Assured safety backed by India’s largest public sector bank
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Attractive interest rates for longer tenures
How Does SBI Special FD 2025 Work?
This scheme works by allowing investors to deposit a lump sum amount that earns fixed interest, disbursed monthly. At the end of the tenure, the principal is returned. You can choose a tenure between 36 months to 120 months, based on your income goals and deposit capacity.
Monthly Income Calculation Table
| Tenure | Interest Rate | Required Deposit | Monthly Payout | Total Payout Over Tenure |
|---|---|---|---|---|
| 3 Years | 7.10% | ₹52,00,000 | ₹31,000 | ₹11,16,000 |
| 4 Years | 7.25% | ₹50,70,000 | ₹31,000 | ₹14,88,000 |
| 5 Years | 7.40% | ₹49,50,000 | ₹31,000 | ₹18,60,000 |
| 6 Years | 7.50% | ₹48,75,000 | ₹31,000 | ₹22,32,000 |
| 7 Years | 7.55% | ₹48,20,000 | ₹31,000 | ₹26,04,000 |
| 8 Years | 7.60% | ₹47,70,000 | ₹31,000 | ₹29,76,000 |
| 10 Years | 7.65% | ₹47,20,000 | ₹31,000 | ₹37,20,000 |
Note: Figures are indicative and may vary with official interest rates.
Who Can Apply for SBI Special FD 2025?
This FD scheme is ideal for various categories of investors, including:
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Retirees and senior citizens
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Risk-averse salaried professionals
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Individuals seeking stable passive income
Eligibility Criteria:
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Resident Indian individuals
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Senior citizens (may get an additional interest rate)
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Joint account holders
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NRIs and Trusts (subject to terms)
Documents Required:
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PAN card
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Aadhaar card
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Address proof
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Passport-size photos
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Bank account details
Benefits of SBI Special FD Scheme
Here’s why this FD is among the best fixed-income options today:
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₹31,000 credited monthly to your account
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Immune to market volatility
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Premature withdrawal allowed (with a small penalty)
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Loan facility available against FD (up to 90%)
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TDS applicable but can be avoided with Form 15G/15H
Comparison with Other Monthly Income Options
| Investment Option | Risk Level | Monthly Return (₹) | Lock-in Period | Liquidity | Taxation |
|---|---|---|---|---|---|
| SBI Special FD | Very Low | ₹31,000 | 3–10 Years | Moderate | TDS |
| Post Office MIS | Low | ₹25,000 | 5 Years | Moderate | TDS |
| Monthly Income Mutual Funds | Moderate | Varies | None | High | Taxable |
| Corporate FDs | Medium | ₹35,000 | 3–5 Years | Moderate | TDS |
| Senior Citizen Savings Scheme | Very Low | ₹27,000 | 5 Years | Low | TDS |
How to Apply for SBI Special FD 2025?
Applying is simple and can be done online or offline:
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Visit the nearest SBI branch or SBI’s official website
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Choose the “SBI Special FD 2025” plan
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Fill in the application form with personal and financial details
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Submit necessary KYC documents
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Deposit the chosen amount
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Select monthly interest payout option
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Collect the acknowledgment and FD certificate
Important Dates and Deadlines
| Event | Date |
|---|---|
| Scheme Launch | April 1, 2025 |
| Last Date to Apply | May 31, 2025 |
| Monthly Payout Begins | From Deposit Date |
| Interest Credited | 1st of Every Month |
| Early Withdrawal | Allowed after 6 months |
The SBI Special FD 2025 is a safe haven for those wanting to lock in steady returns. With inflation impacting daily budgets and fluctuating stock markets, this scheme offers financial stability and a worry-free future.
Whether you’re planning for retirement or just seeking passive income, this FD could be a wise choice. Just remember, the last date to apply is 31st May 2025.
FAQs
Who is eligible to invest in SBI Special FD 2025?
Indian residents, including senior citizens, joint account holders, and eligible NRIs, can invest in the scheme. Trusts and societies may also apply, subject to SBI’s terms and conditions.
What is the minimum deposit required to earn ₹31,000 per month?
Depending on the interest rate and tenure selected, the deposit required ranges from ₹47,20,000 to ₹52,00,000. The higher the tenure and rate, the lower the required deposit.
Is the SBI Special FD 2025 taxable?
Yes, interest earned from this FD is subject to TDS. However, investors can submit Form 15G/15H to avoid TDS if they meet the conditions.
Can I withdraw the FD amount before maturity?
Yes, premature withdrawal is allowed after 6 months, but it may attract a nominal penalty as per SBI rules.
When will the interest be credited to the account?
The monthly interest payout will be credited on the 1st of every month to the depositor’s linked bank account.
What is the last date to apply for SBI Special FD 2025?
The scheme is available till May 31, 2025. Applications must be submitted before this deadline to be eligible.
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