Complete Guide to SBI Annuity Deposit Scheme 2025

conservative investors. With competitive interest rates, flexible tenure options, and senior citizen benefits, it provides a dependable post-retirement income stream.

Key Features of the SBI Annuity Deposit Scheme 2025

• Flexible Tenure Options: The depositor can choose a tenure of either 36, 60, 84 or 120 months to fit their finances and cash flow throughout the investment period.
• Minimum Deposit Requirement: You must make a minimum deposit that will allow the monthly annuity to be at least ₹1,000 for the chosen product range. So, for a fixed deposit that runs for three years, at least ₹36,000 must be deposited.
• No Maximum Investment Limit: Investors don’t have to worry about a maximum investment limit since they can put in as much money as they want.
• Attractive Interest Rates: The SBI annuity deposit interest rate is the same as the prevailing SBI term deposit rates applicable to the selected tenure. Furthermore, the scheme provides an extra 0.50% interest to seniors, making it very valuable for retired people.
• Monthly Payouts: Your first monthly payout comes out on the date your deposit was made, but in the following month. If the payout date is not valid for any day during a month (for example, February 31), the money is given out on the first of the next month. As a result, the monthly payout scheme of SBI is followed properly and on time.
• Attractive Interest Rates: In some cases, depositors can get a loan or overdraft of up to 75% of their deposited money. After getting the loan, future pension payments are directly added to your loan account.

Understanding the SBI Annuity Deposit Interest Rate

The SBI Annuity Deposit Scheme 2025 offers competitive returns by aligning its interest rates with those of regular term deposits offered by the State Bank of India. So, investors feel assured that they will receive fair and clear earnings on their investment. The SBI annuity deposit interest rate is fixed at the time of deposit and remains consistent throughout the tenure, giving depositors predictability in their monthly payouts.

For the General Public:

• For 1 to 2 years: 6.80% p.a.
• For less than 3 years, 7.00% p.a.
• For an investment period between 3 and 5 years, the interest rate is 6.50% per year.

For Senior citizens:

• For 7.30%, for 1 to 2 years, the average is 1.90% per quarter.
• A rate of 7.50% p.a. is applied to funds earned between 2 and 3 years .
• If it is less than 5 years, it provides 7.00% p.a. returns.
• The rate between 5 and 10 years is 7.50% per year.

Senior citizens enjoy an additional 0.50% interest over standard rates, making the SBI Annuity Deposit Scheme 2025 especially beneficial for retirees seeking a stable monthly income stream. With these rates secured, monthly payments from the investment will not be influenced by changes in the market.

Utilising the SBI Annuity Calculator

The SBI annuity calculator is an essential digital tool designed to help prospective investors estimate their monthly returns under the SBI Annuity Deposit Scheme 2025. Once you add the deposit amount, the length of the loan and the applicable rate, the calculator will show you the monthly amount. This helps retirees and investors make careful and exact plans for their finances. For example, if you invest ₹1,50,000 for a 3-year tenure at an interest rate of 6.50% p.a., the SBI annuity calculator will accurately display your monthly payout, enabling smarter investment decisions.

Annuity Fixed Deposit Benefits

1. Regular Monthly Income: One primary annuity fixed deposit benefit is the monthly payout scheme SBI offers. Every month, investors pay the same amount as EMI, which goes toward both principal and interest, which is good for anyone who wants a steady income.
2. Capital Safety and Trust: The SBI Annuity Deposit Scheme 2025 is backed by the State Bank of India, one of the country's most trusted and reliable banks. Because of this, investors are certain that their money will be secure.

Tax Implications

Interest earned from the SBI Annuity Deposit Scheme 2025 is fully taxable under the Income Tax Act of India and is subject to Tax Deducted at Source (TDS). The bank removes TDS based on the relevant income tax slab for the particular depositor. As a result, the fixed monthly income from the scheme can change based on each person’s tax situation. Investors need to review the earnings they will receive after paying taxes. Meeting with a tax advisor or financial expert is suggested to learn about your taxes and organise your investments correctly.

Eligibility Criteria

The SBI Annuity Deposit Scheme 2025 is open to residents looking for a reliable monthly income source. Such accounts are open to individuals both as singles and as joint partners. If a legal guardian runs the account, minors can participate in the scheme. Nevertheless, Non-Resident Indians (NRIs) cannot use this investment scheme. People who have Non-Resident External (NRE) and Non-Resident Ordinary (NRO) accounts cannot apply. As a result, the program is designed to assist investors at home who want regular, secure returns.

Conclusion

The SBI Annuity Deposit Scheme 2025 is a reliable option for individuals seeking secure and consistent monthly income. Backed by the trust of India’s largest public sector bank, the scheme offers fixed monthly payouts that include both principal and interest. With flexible tenure options, no upper deposit limit, and preferential interest rates for senior citizens, it serves as an effective tool for long-term financial planning. Investors can use the SBI annuity calculator to estimate returns and align them with their financial goals. Its fixed interest structure appeals to those prioritising capital safety along with predictable growth.

Disclaimer: The content published in this article is intended solely for the readers' informational purposes and should not be relied upon for personal, medical, legal, or financial decisions. It is advisable to seek advice from a qualified professional regarding specific concerns. The details provided regarding the plan are for reference purposes only. Please visit the insurer’s website for the latest updates on the plan. The company does not guarantee suitability, reliability, timeliness, or accuracy of the information, services, or any other aspects mentioned in this regard for any purpose. We do not endorse any insurance company or insurance product provided by any insurer.