SBI Annuity Deposit Scheme Calculator 2026

The SBI Annuity Deposit Scheme Calculator is a free online tool that can be used to calculate the fixed annuity amount that you can expect to receive from the State Bank of India (SBI) Annuity Deposit Scheme. You can also use the calculator to see how your annuity payments will be affected by changes in your age, investment amount, or interest rate. The SBI Annuity Deposit Scheme is a popular option for retirees looking for a guaranteed income stream.

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SBI Annuity Calculator

Your Age

Years

18 Years 59 Years

Enter Your Age

Monthly Investment

₹

₹500 ₹10L

Enter Investment Per Month

Expected Return on Investment

5% 15%

Expected Return on Investment

Percentage of Corpus Allocated for Pension

40% 100%

Enter Corpus Percentage

Expected Return from Pension

5% 15%

Enter Annuity Return

₹0

Your Monthly Pension

₹0

Your Monthly Pension

Your Pension Calculation

Total Investment

Returns Earned

Maturity Amount

Maturity Amount split (Lumpsum & Pension)

60%

Lumpsum Amount

At the age of 60 Yrs

40%

Pension Wealth

At the age of 60 Yrs

How to Use the SBI Annuity Deposit Scheme Calculator?

The State Bank of India does not offer a calculator for the SBI Annuity Deposit Scheme. However, you can use Policybazaar’s SBI Annuity Deposit Calculator as follows:

Step 1: Go to Policybazaar’s SBI Annuity Deposit Scheme Calculator available on this page above.
Step 2: Fill in the following details in the annuity calculator:
- Your age
- Monthly Investment
- Expected Rate of Return on Investment
- Percentage of Corpus Allocated for Pension
- Expected Return from Pension
Step 3: The SBI Annuity Deposit Scheme Calculator will show the following results to you:
- Total investment
- Returns earned
- Maturity, lump-sum and pension amounts
Step 4: You can vary the input values to explore and compare various investment scenarios and decide on the best investment option for you.

How Does the SBI Annuity Deposit Scheme Calculator Work?

The SBI Annuity Deposit Scheme Calculator works on the following formula to give the desired results:

A = P * (r * (1 + r)^n) / (((1 + r)^n) - 1)

Where:

A = Monthly annuity amount
P = Lump sum deposit amount
r = Quarterly interest rate (annual interest rate divided by 4)
n = Number of quarters

SBI Annuity Deposit Scheme Interest Rates 2026

The SBI Annuity Deposit Scheme interest rates mirror the SBI FD rates for different periods of annuity deposits. SBI Annuity Deposit interest rates for the general public and senior citizens are given in the table below:

Period of Annuity Deposits	Interest Rates for General Citizens (in % p.a.)	Interest Rates for Senior Citizens (in % p.a.)
7 days to 45 Days	3.05	3.55
46 days to 179 Days	4.90	5.40
180 days to 210 days	5.65	6.15
211 Days to less than 1 Year	5.90	6.40
1 Year to less than 2 Years	6.25	6.75
2 Years to less than 3 Years	6.45	6.95
3 Years to less than 5 Years	6.30	6.80
5 Years to up to 10 Years	6.05	7.05

SBI Annuity Deposit Interest Rates shown are for July 2026.

Features of the SBI Annuity Deposit Scheme

The key features of the SBI Annuity Deposit Scheme is shown in the table below:

Features	Details
Scheme Type	Annuity Investment Option
Premium Payment Mode	Lump Sum/ One-Time
Annuity Payout Mode	Monthly instalments
Deposit Period	36/ 60/ 84/120 months
Annuity Interest Rates	Varies based on period of annuity deposits
Interest Rate Compound	Interest is Compounded Quarterly
Premature Payment Withdrawal	Available for deposits of up to ₹15 lakhs; the penalty is charged the same as for Term Deposits/ Fixed Deposits
Nomination Facility	Available (in favour of an individual)
Overdraft/ Loan Facility	75% of Annuity Deposits can be availed of as Loan/ Overdraft

Benefits of Policybazaar’s SBI Annuity Deposit Calculator

You can avail the following benefits by using Policybazaar’s SBI Annuity Deposit Scheme Calculator:

SBI Annuity Payments Calculator is a quick and easy to use tool.
The tool can make complex calculations within seconds, eliminating the need for any hassles.
It is a freely available online digital tool that can be used on any device.
It gives you a clear picture of the investment amount you need to fulfil a certain investment goal.

FAQs

How does the SBI Annuity Deposit Calculator calculate the monthly annuity payouts?
The calculation of the monthly annuity payouts through the SBI Annuity Deposit Scheme Calculator involves the following formula:
A = P * (r * (1 + r)^n) / (((1 + r)^n) - 1)
Where:
- A = Monthly annuity amount
- P = Lump sum deposit amount
- r = Quarterly interest rate (annual interest rate divided by 4)
- n = Number of quarters
Does the SBI Annuity Deposit Calculator factor in tax before giving results?

No, the SBI Annuity Deposit Calculator does not factor applicable taxes while showing results for maturity and pension amounts. The tool works on the pre-determined formula, which is designed to show only pre-tax figures.
Can NRIs invest in the SBI Annuity Deposit Scheme?

No, Non-Resident Indians (NRIs) cannot invest in the SBI Annuity Deposit Scheme with an NRE or NRO account. However, they can invest in government-backed pension schemes such as the National Pension System (NPS).
What is the minimum deposit in the SBI Annuity Deposit Scheme?

The minimum deposit amount of the SBI Annuity Deposit Scheme depends on the minimum monthly annuity amount of ₹1000. The minimum lump-sum deposit amount varies based on the tenure of your investment.
Can I open an SBI annuity deposit online?

Yes, you can open an SBI annuity deposit online. To do so, you must have an active SBI Internet banking account.

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