Compare Analysis of State Bank of India with 5.41% 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
    $50,000
    12 Month
    5.41%
    9.77x (National Avg. - 0.55%)
    $1,000
    Bank
    -
     
    SCENARIO
    Year Rate
    5.41%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,705 1,894
    2 52,705 2,851 1,996
    3 55,556 3,006 2,104
    4 58,562 3,168 2,218
    5 61,730 3,340 2,338
    6 65,070 3,520 2,464
    7 68,590 3,711 2,598
    8 72,301 3,911 2,738
    9 76,212 4,123 2,886
    10 80,335 4,346 3,042
    11 84,681 4,581 3,207
    12 89,263 4,829 3,380
    13 94,092 5,090 3,563
    14 99,182 5,366 3,756
    15 104,548 5,656 3,959
    16 110,204 5,962 4,173
    17 116,166 6,285 4,399
    18 122,451 6,625 4,637
    19 129,075 6,983 4,888
    20 136,058 7,361 5,153
    TOTAL $93,419 $65,393