SBI Special FD Plan – If you’re someone who prefers secure and steady returns over the ups and downs of the stock market, the State Bank of India (SBI) has a new fixed deposit plan that could be just what you need. Called the “SBI Special FD Plan 2025,” this scheme offers a weekly income of Rs 8000. Yes, you read that right money credited to your account every week like clockwork.
This offer is available for a limited time and closes on May 31, 2025. So, if you’ve got some savings and are looking for a safe way to earn passive income, this might be your chance.
What’s Special About This SBI FD?
SBI has come up with this plan to cater to people who need a regular income stream. Instead of waiting every quarter or year to receive interest, this FD deposits a fixed sum in your bank account every week. It’s especially helpful for retirees, homemakers, and anyone who wants a predictable cash flow.
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You’ll need to invest a minimum amount to get started, and depending on your investment and the term you choose, you’ll earn regular weekly payouts.
Main Highlights of the Plan
- Weekly payments of Rs 8000 directly to your bank account
- Minimum deposit starts at Rs 10 lakh
- Choose from multiple tenure options—3, 5, 7, or 10 years
- Interest rates are better than regular FDs
- Available until May 31, 2025
- Open to individuals, senior citizens, and in some cases, NRIs
- Safe and secure, backed by India’s largest public sector bank
How Much Do You Need to Invest?
The amount you earn weekly depends on how much you deposit and for how long. If you want the full Rs 8000 per week, you’ll need to invest around Rs 10 lakh for a tenure of 10 years. But there are smaller slabs as well.
For example:
- Rs 8 lakh could earn you about Rs 6400 per week
- Rs 5 lakh would fetch you around Rs 4000 weekly
- Even an investment of Rs 1 lakh can give you Rs 800 per week
This structure allows you to choose an amount and tenure that fits your financial goals.
Why This FD Plan Might Be a Smart Move
What makes this fixed deposit different is the frequency of returns. It’s not just about saving money; it’s about creating a reliable weekly income without worrying about market risks or fluctuating returns. You get what’s promised, straight into your account.
It’s particularly useful for:
- Retired individuals who need a replacement for their salary
- People who want help managing monthly expenses like rent, bills, or EMIs
- Investors who have a lump sum and want steady returns without any surprises
- Anyone tired of constantly monitoring the stock market or mutual funds
How to Get Started
Signing up for this special FD plan is pretty simple. You can either visit your nearest SBI branch or apply through online channels like the SBI YONO app or net banking portal.
Here’s what you’ll need to do:
- Choose your investment amount and the tenure you’re comfortable with
- Provide your KYC documents if not already done
- Link your SBI account for receiving the weekly income
- Submit the application and wait for the confirmation
Once your FD is active, your weekly earnings start rolling in without any extra effort.
How It’s Different from Regular FDs
Regular fixed deposits typically pay interest on a monthly or quarterly basis. This plan, on the other hand, is structured to provide fixed weekly payouts. The interest rates are slightly better, and it’s designed for income generation rather than long-term accumulation.
So, while traditional FDs help in wealth building, this one is more about ensuring financial stability week after week.
Things You Should Know
Before you lock in your funds, keep a few things in mind:
- The offer ends on May 31, 2025, and rates may change after that
- TDS (tax deducted at source) will apply if your interest earnings cross the annual limit
- You can withdraw the FD before maturity, but it might attract some penalty
- Fixed income may not beat inflation in high-inflation periods
Still, for those who value safety and consistency, this plan is a great option.
SBI’s new fixed deposit scheme offering Rs 8000 per week is an excellent choice for anyone looking for a stable, risk-free income. Whether you’re planning your retirement, managing monthly costs, or simply want a dependable backup income, this FD offers peace of mind. With the backing of India’s most trusted bank, it’s worth considering—just make sure you apply before the deadline.
