{"id":8307,"date":"2025-08-12T09:27:22","date_gmt":"2025-08-12T09:27:22","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?post_type=banking&#038;p=8307"},"modified":"2025-08-12T09:27:22","modified_gmt":"2025-08-12T09:27:22","slug":"sbi-annuity-deposit-scheme-2025-interest-rates-features","status":"publish","type":"banking","link":"https:\/\/lemonn.co.in\/blog\/banking\/sbi-annuity-deposit-scheme-2025-interest-rates-features\/","title":{"rendered":"SBI Annuity Deposit Scheme\u00a02025\u00a0\u2013 Interest Rates &#038; Features"},"content":{"rendered":"\n<p>The State Bank of India\u2019s (SBI) annuity deposit scheme lets depositors invest a lump sum and receive equated monthly instalments (EMIs) comprising principal and interest. Interest rates are linked to SBI\u2019s domestic term deposit rates, which were around <strong>6.25\u00a0%\u20136.45\u00a0%<\/strong> for 1\u20132\u2011year tenures in July\u00a02025. Tenures available include 3, 5, 7 or 10\u00a0years. Interest is compounded quarterly and paid monthly, and premature withdrawal is allowed only in cases of death or extreme hardship.<\/p>\n\n\n\n<h2 id='sbi-annuity-deposit-highlights'  id=\"boomdevs_1\" class=\"wp-block-heading\">SBI Annuity Deposit Highlights<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Feature<\/th><th>Details<\/th><\/tr><\/thead><tbody><tr><td>Tenure options<\/td><td>36, 60, 84, 120&nbsp;months<\/td><\/tr><tr><td>Interest rate<\/td><td>Same as SBI term deposit for corresponding tenure<\/td><\/tr><tr><td>Monthly payment<\/td><td>Principal&nbsp;+&nbsp;interest in EMI form<\/td><\/tr><tr><td>Eligibility<\/td><td>Residents and minors (through guardians)<\/td><\/tr><tr><td>Loan facility<\/td><td>Available up to 75&nbsp;% of the deposit amount<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>As with traditional FDs, senior citizens receive higher rates. Investors should check the latest rate card and understand that the annuity deposit\u2019s monthly payment reduces the principal over time, unlike periodic interest payout FDs where principal remains intact.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-8307","banking","type-banking","status-publish","hentry"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking\/8307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/banking"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=8307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}