South Indian Bank 1 Year FD rate: 7% (general) & 7.5% (senior citizen). Maturity for ₹5 Lakh: ₹5,35,930.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
South Indian Bank offers 1 Year Fixed Deposit at 7% p.a. for general citizens and 7.5% p.a. for senior citizens. Interest is compounded quarterly. Premature withdrawal policy: 1% penalty on applicable rate.
Tenure: 1 Year · Quarterly compounding
| Deposit Amount | Maturity Amount | Interest Earned | Total Return |
|---|---|---|---|
| ₹25K | ₹26,796 | ₹1,796 | 7.2% |
| ₹50K | ₹53,593 | ₹3,593 | 7.2% |
| ₹1 Lakh | ₹1,07,186 | ₹7,186 | 7.2% |
| ₹2 Lakh | ₹2,14,372 | ₹14,372 | 7.2% |
| ₹5 Lakh | ₹5,35,930 | ₹35,930 | 7.2% |
| ₹10 Lakh | ₹10,71,859 | ₹71,859 | 7.2% |
| ₹25 Lakh | ₹26,79,648 | ₹1,79,648 | 7.2% |
| ₹50 Lakh | ₹53,59,295 | ₹3,59,295 | 7.2% |
| ₹1 Crore | ₹1,07,18,590 | ₹7,18,590 | 7.2% |
South Indian Bank offers 1 Year Fixed Deposit at 7% p.a. for general citizens and 7.5% p.a. for senior citizens in 2026. Rates are subject to change.
A ₹5 Lakh FD in South Indian Bank for 1 Year at 7% (quarterly compounding) will mature to approximately ₹5,35,930. The interest earned would be ₹35,930.
Yes, South Indian Bank offers an additional benefit for senior citizens with a rate of 7.5% p.a. for 1 Year FD, which is 0.50% higher than the general rate.
The minimum deposit amount for South Indian Bank Fixed Deposit is ₹1,000. Interest is compounded quarterly.
Yes, premature withdrawal is allowed. South Indian Bank's premature withdrawal policy: 1% penalty on applicable rate. It's recommended to keep the FD till maturity for maximum returns.