Compare Analysis of State Bank of India (California) with 3.44% APY

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

$
PRODUCT
BANK
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
BANK TYPE
STATE

All calculations are for demonstration purposes only.

  • 1
    LOCAL CD
    State Bank of India (California)
    $50,000
    24 Month
    3.44%
    5.26x (National Avg. - 0.65%)
    $1,000
    Bank
    -
     
    SCENARIO
    Year Rate
    3.44%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,720 1,204
    2 51,720 1,779 1,245
    3 53,499 1,840 1,288
    4 55,340 1,904 1,333
    5 57,243 1,969 1,378
    6 59,212 2,037 1,426
    7 61,249 2,107 1,475
    8 63,356 2,179 1,526
    9 65,536 2,254 1,578
    10 67,790 2,332 1,632
    11 70,122 2,412 1,689
    12 72,534 2,495 1,747
    13 75,030 2,581 1,807
    14 77,611 2,670 1,869
    15 80,280 2,762 1,933
    16 83,042 2,857 2,000
    17 85,899 2,955 2,068
    18 88,854 3,057 2,140
    19 91,910 3,162 2,213
    20 95,072 3,270 2,289
    TOTAL $48,342 $33,840