SBI FD: Invest in SBI’s 444-day 'special FD' this Diwali! Get bumper returns on amounts of ₹5 lakh and ₹10 lakh..
SBI Amrit Vrishti Scheme 2026: If you are looking to invest your money this Diwali in a secure option that offers guaranteed returns without any market risk, the country’s largest public sector bank, State Bank of India (SBI), has brought an excellent opportunity for you. Under its 444-day special fixed deposit (FD) scheme, 'Amrit Vrishti', SBI is offering higher interest rates to both general citizens and senior citizens compared to standard FDs.
If you deposit a lump sum of ₹5 lakh or ₹10 lakh into this 444-day special FD scheme this Diwali, how much profit will you earn upon maturity, and what are the official terms and conditions? Let’s look at the complete calculation.
SBI 444-Day FD: What are the official interest rates?
According to the official rate card issued by SBI, the following annual interest rates are being offered under the 'Amrit Vrishti' scheme for different categories of investors:
General Citizens: 6.45% per annum
Senior Citizens (above 60 years): 6.95% per annum (an additional 0.50%)
Super Senior Citizens (above 80 years): 7.05% per annum
(Note: Interest for this special SBI FD is calculated on a quarterly basis, which further increases the total returns upon maturity.)
What returns can you expect on an investment of ₹5 lakh?
If you deposit an amount of ₹5,00,000 for 444 days this Diwali:
For general citizens (at an interest rate of 6.45% p.a.):
Deposit amount: ₹5,00,000
Total interest (earnings): Approximately ₹40,150
Total maturity amount: ₹5,40,150
For senior citizens (at an interest rate of 6.95% p.a.):
Deposit amount: ₹5,00,000
Total interest (earnings): Approximately ₹43,380
Total maturity amount: ₹5,43,380
What will be the substantial gain on an investment of ₹10 lakh?
If you lock a larger sum of ₹10,00,000 in this special 444-day fixed deposit (FD) scheme from SBI:
For general citizens (at an interest rate of 6.45% p.a.):
Deposit amount: ₹10,00,000
Total interest (earnings): Approximately ₹80,300
Total maturity amount: ₹10,80,300
For senior citizens (at an interest rate of 6.95% p.a.):
Deposit amount: ₹10,00,000
Total interest (earnings): Approximately ₹86,760
Total maturity amount: ₹10,86,760
Key features and terms of the SBI Amrit Vrishti scheme:
Investment tenure: This special scheme is available for a fixed duration of 444 days (approximately 14.5 months).
Online and offline accessibility: Investors can easily open this FD via the SBI YONO app, SBI net banking, or by visiting their nearest SBI branch. Loan facility: In case of an emergency, customers can avail a loan or an overdraft facility of up to 90% of the value of their fixed deposit (FD).
Interest payout options: Depending on their preference, customers can choose to receive interest payments either at maturity or on a monthly/quarterly basis.
Disclaimer: This content has been sourced and edited from Amar Ujala. While we modified it for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
