If you want a safe investment with steady returns, the State Bank of India (SBI) has an interesting option — the Green Rupee Term Deposit (FD) for 1111 days.
What makes it special? You don’t just earn interest — your money also helps fund eco-friendly projects.
Let’s break it down in a simple and clear way.
A Special FD with Extra Purpose
SBI’s 1111-day Green FD offers:
6.20% interest for regular investors
6.70% interest for senior citizens
You can start investing with just ₹1,000, and there’s no upper limit.
Like other fixed deposits, TDS (Tax Deducted at Source) applies.
However, you can avoid it by submitting Form 15G or 15H, if eligible.
How Much Will ₹5 Lakh Grow?
Let’s see what happens if you invest ₹5,00,000 in this scheme:
For Regular Investors (6.20%)
Interest earned: ₹1,02,976
Total amount after 1111 days: ₹6,02,976
For Senior Citizens (6.70%)
Interest earned: ₹1,12,075
Total amount after 1111 days: ₹6,12,075
So, senior citizens earn about ₹9,000 more on the same investment.
What is the SBI Green FD Scheme?
This scheme was introduced after the Reserve Bank of India released green finance guidelines in April 2023.
The goal is simple:
Support environment-friendly projects
Encourage people to invest in sustainable initiatives
By investing in this FD, you get guaranteed returns while also contributing to a greener future.
Final Takeaway
If you want a low-risk investment that also supports environmental causes, SBI’s 1111-day Green FD can be a smart choice.
It combines security, steady returns, and social impact — all in one simple investment.
