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Business Desk. Fixed Deposit (FD) schemes of State Bank of India (SBI) have always been the first choice for crores of Indians looking for safe investment and guaranteed returns. In the year 2026, SBI has made its FD schemes even more attractive. If you want to increase your hard-earned money by staying away from stock market risks, then SBI FD Scheme 2026 can prove to be a great option for you. By investing a lump sum of just ₹ 1 lakh, you can get a huge amount on maturity. SBI FD 2026: Attractive interest and magic of compounding The biggest feature of this new scheme of SBI is its attractive interest rates and the benefit of compounding. Benefits to senior citizens: The bank has maintained the tradition of offering 0.50% more interest than normal for senior citizens. Choice of tenure: You can choose the period from 7 days to 10 years as per your need. The returns on long term investments increase significantly due to compounding. How much return will you get on an investment of ₹ 1 lakh? If you deposit ₹ 1 lakh in an SBI FD, the funds you get will depend on the tenure and interest rate you choose. Long Term Advantage: For example, if the interest rate remains around 7%, your ₹ 1 lakh will grow to a much higher value on maturity of 5 to 10 years. Stability: Market Fluctuations have no impact on your FD, so you know from day one how much amount you will get on maturity. For whom is this scheme best? This scheme is like a ‘silver bullet’ for investors who want 100% protection of capital: Retired employees: To earn monthly interest by keeping pension money safe. Middle class families: For goal based savings for children’s education or marriage. Low risk seekers: Those people who want to avoid the risk of mutual funds or stock market. Keep these 3 things in mind before investing. It is important to understand some rules before investing money in SBI FD: Pre-mature withdrawal: If you withdraw money before time, the bank can deduct some penalty. Tax (TDS): The interest received from FD comes under the ambit of tax. If the interest exceeds a limit, TDS will be deducted. To avoid this, you can submit Form 15G/15H.Interest Payment: You can choose to take interest monthly, quarterly or lump sum on maturity.SBI’s credibility and assurance of being a government bank makes this scheme the strongest. Be it planning to buy a house or peace after retirement, SBI FD 2026 can prove to be the backbone in achieving your financial goals.