SBBJ FD Calculator

Last Updated 09th Dec 2016
Deposit Amount
Rate of Interest %
Period of Deposit
Interest Compounding Frequency
SBBJ
FD Interest Rates

FD Calculator SBBJ – Know your maturity amount?

    Read Latest News on SBBJ Here
  • SBBJ, a leading Public Sector Bank in India offers attractive interest rates upto 7.00% on its fixed deposits.
  • FD maturity amount that you will get depends upon
  • Deposit amount
  • Rate of interest
  • FD tenure
  • Compounding frequency
  • TDS applicability and TDS rate
X

SBBJ Fixed Deposit calculator – FD Options

  • In a periodic interest payout option, SBBJ would transfer the interest earned at each interval (say, quarterly) to your bank account. The interest would remain the same across the life of the deposit. On maturity, unless the deposit is renewed, would transfer the principal amount to your bank account.
  • In case you opt for a SBBJ cumulative deposit, on maturity you would get a credit for the principal and interest earned net of TDS.
  • Calculate the FD maturity amount using the FD calculator.

Fixed Deposit calculator SBBJ – Will TDS be deducted?

  • In case the interest earned by you across all your fixed deposits across all branches of SBBJ in a year exceeds 0, the bank must deduct TDS at 10.3%. In case your IT PAN is not updated in the SBBJ records, it must deduct twice the TDS at 20.6%. So, do remember to update your PAN on your FD.
  • Sorry, but we aren’t done with tax yet. This was only the TDS. Now, you would need to add the interest income on all your SBBJ FD’s and other FD’s to your taxable income for the year. Based upon your tax bracket, income tax is payable on this income. Remember that you must estimate the interest income and all your other incomes and, based on this, pay advance tax on advance tax payment dates (15th Sep, 15th Dec, 15th March and 31st March).
  • SBBJ will also issue you a Form 16A giving details of tax deducted on FD interest and tax deposited by it with government treasury. The TDS amount deposited by the bank with Income Tax Department can be verified in your 26AS statement available online on IT department website or through your net banking account. You can claim credit for the TDS amount in your annual Income Tax Return.

SBBJ FD interest rate calculator – Check your city

  • Keep your KYC documents - PAN card, address proof and photo ready.
  • To know more or apply, contact any of the branches of SBBJ in your city - Find SBBJ Branches here

  • FD Calculator of all banks in India

Apply Loan Online
 Salaried   Self Employed - Professional   Self Employed - Business 






I authorize MyLoanCare, its partners to contact me. This over rides my number being in NDNC registry
News - Dec 2016
*My Finance Care Advisors Pvt. Ltd., or https://www.myloancare.in is a bank neutral multi bank platform that helps borrowers and bank customers compare loans and deposits of all banks in India at one place. Information carried at this website is based on perusal of public sources and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not assure as to the correctness of information carried at the website. Lenders/ banks/ other parties may contact us at info@myloancare.in to provide corrections or updates. We may act as and/ or be associated with channel partners of banks and other sellers of financial products.