Sbi Annuity Deposit Scheme For Regular Monthly Income Download Calculator ((install)) Online

: Choose from fixed periods of 3, 5, 7, or 10 years (36, 60, 84, or 120 months).

Rates are subject to change; verify current rates at your local branch. Annuity Deposit Scheme - Personal Banking - SBI Bank : Choose from fixed periods of 3, 5,

SBI Annuity Deposit Scheme: Guide to Regular Monthly Income The is a unique financial product designed for individuals, especially retirees, who want to convert a lump sum amount into a predictable, monthly cash flow . Unlike a standard Fixed Deposit (FD) where you receive only interest, this scheme pays back both the principal and the interest in Equated Monthly Installments (EMIs). Key Features of the Scheme One-Time Investment : You make a single lump sum deposit. Unlike a standard Fixed Deposit (FD) where you

: Based on a minimum monthly annuity of ₹1,000 for the chosen period. The absolute minimum deposit usually starts at ₹25,000. The absolute minimum deposit usually starts at ₹25,000

The interest rates for this scheme match the prevailing SBI Term Deposit Rates for the same tenure. As of May 2026, the approximate rates are: General Public (p.a.) Senior Citizens (p.a.) 5 - 10 Years

: There is no upper cap on the amount you can invest.

: In specific cases, you can take a loan or overdraft of up to 75% of the remaining annuity balance. Interest Rates (May 2026 Update)