Ask your Question
   (100 characters left)
Search for questions:      Advanced
Credit Cards
Car Loans
Home Loans
Personal Loan
Education Loans
Fixed Deposits
Savings Accounts
Miscellaneous
Bank ATM Auto Loan Bad credit Loan Recovery Recovery Agents Indian Bank Canara Bank Corporation Bank Loan Calculator credit card fraud HSBC Bank Vijaya Bank Deutsche Bank Credit history Credit score Used car loan Saving Account Fixed Deposit Loan Finance ICICI Bank RBI SBI Disha HDFC ABN Amro CitiBank EMI Calculator Kotak PNB Barclays Home Loan Personal Loan Credit Card Interest rate
Resolved Question:
Show me another
i want to double my money, so need to know the period of double in SBI
In Savings Accounts  -  Asked by haresh -  5 years ago

Best Answer:
To double the money you can invest in SBI fixed deposit for 5-10 years and get the amount compounded annually without withdrawing interest. You can deposit your money with SBI for period between six months to 10 years and bank will pay you interest on your deposited money plus on the interest you earn. Thus your interest gets compounded every quarter giving you higher returns. To know the Best FD rates offered by different banks visit
5 years ago - By Ashu

Other Answers (2)
show:
Answer 1.
I also prefer SBI or any other public sector bank for investment.
5 years ago - By Jonny
Answer 2.
You have chosen best bank for investment. Your money will be safe. Some people to earn more interest invest with private banks or private companies fixed deposit. Here chances of losing money is very high as your money is invested in business and if they go bankrupt your money is lost. In case of public sector banks govt. provides insurance so our money is safe.
5 years ago - By Himi
Answer: Open Questions RSS
i want update mobile number for my ATM
how i can check my amount in my account in desktop
I want to check my account number
i know my account no
i want to check my accont balance in my debit card
View All
Discover: Resolved Questions RSS
A want to check my balance bank of india
Cheak balance
May can check my account detailed?
balance enquiry
0931101031957
View All
Vote: Undecided Questions
No question found.
COMPARE RATES
Compare Savings Accounts
Compare Car Loan Rates for a used car
Get best bank for Home Loan
Best FD rates by banks
Show All...
COMPARE QUICKLY
 Select a product:
 

CALCULATORS
Saving Account Interest Income Calculator
Credit Card Balance Transfer Savings Calculator
Car Loan Amount by EMI Calculator
Car Loan Amount by Down Payment Calculator
More Calculators...
CALCULATE QUICKLY
 Select a product:
 

NEWS THIS WEEK
HDFC bank adjudged as the Best private bank in India Feb 16, 2015
HDFC reported an increase of 20% in its net profit Feb 16, 2015
ICICI bank launched Flash remit facility Feb 13, 2015
BOM launched new savings deposit scheme for HNI customers Feb 12, 2015
BMB bank to have a total of 80 branches by the March end. Feb 10, 2015
News Archive
EDITORS' PICKS
Steps to file Income Tax return online
Carnival of Indian Personal Finance Blogs #1
Carnival of Indian Personal Finance Blogs #3
Carnival of Indian Personal Finance Blogs #4
Savings account portability: How...