KEY HIGHLIGHTS
- SBI has launched a special 444-day FD called Amrit Vrishti for higher short-term returns.
- Interest rates go up to 7.75% for senior citizens — higher than regular SBI FDs.
People looking for a safe, short-term place to park their money have been jumping towards SBI’s new Amrit Vrishti FD.
And honestly, the buzz is justified.
This 444-day special FD is offering 7.25% for general investors and 7.75% for senior citizens — noticeably higher than the usual SBI FD rates.
Here’s a quick breakdown before you decide if it deserves your money.
SBI Amrit Vrishti FD (444 Days)
| Feature | Details |
|---|---|
| FD Name | SBI Amrit Vrishti |
| Tenure | 444 days |
| Valid Till | 31 March 2025 |
| Interest Rate (General) | 7.25% |
| Interest Rate (Senior Citizens) | 7.75% |
| Launch Date | 15 July 2024 |
| Loan Against FD | Up to 90% |
| Premature Withdrawal | Allowed with penalty (0.50%–1%) |
| Application Modes | YONO, Net Banking, SBI Branch |
What exactly is SBI’s 444-day Amrit Vrishti FD?
Think of it as a short-term FD with a sweet spot.
Not too long, not too short — just 444 days, roughly 1 year, 2 months, and 18 days.
SBI launched this special scheme on 15 July 2024, and it’s available only till 31 March 2025.
So if you want to lock this rate, the clock is ticking.
Interest Rates: Higher than regular FD rates
Here’s the asli sach — SBI usually doesn’t give such high short-duration FD rates.
- General public: 7.25%
- Senior citizens: 7.75%
And once you invest, your rate stays locked for the entire 444 days, even if SBI reduces rates later.
Amrit Kalash vs Amrit Vrishti: What should you pick?
Many people mix up both schemes, so let’s clear it quickly.
- Amrit Kalash (400 days): 7.10% interest
- Amrit Vrishti (444 days): 7.25% interest
So yes — Amrit Vrishti gives better returns if you’re choosing purely for interest earnings.
Return Calculations: How much will you actually earn?
A lot of investors simply want to know one thing:
Kitna milega?
So here’s a realistic estimate.
Example 1: General Investor (7.25%)
- Investment: ₹1,00,000
- Tenure: 444 days
- Approx interest earned: ₹9,200 – ₹9,300
- Maturity Value: Around ₹1,09,200
Example 2: Senior Citizen (7.75%)
- Investment: ₹5,00,000
- Tenure: 444 days
- Approx interest earned: ₹48,000 – ₹49,000
- Maturity Value: Around ₹5,49,000
(Tax note: TDS may apply based on your income slab.)
Key Features and Benefits
Short on time? Here’s what matters:
Loan on FD
Need emergency funds? You can take up to 90% loan against this FD — no need to break it.
Premature Withdrawal
Allowed, but SBI will cut a small penalty (0.50%–1%).
Still a better option than breaking a long-term FD.
How to Apply
You can open this FD instantly through:
- YONO SBI App
- SBI Net Banking
- Nearest SBI Branch
Simple and quick — no heavy paperwork.
Should you invest before 31 March 2025?
If you’re looking for a safe, short-term, paisa-vasool investment, this scheme is genuinely worth considering.
Interest rates of 7.25%–7.75% from a large bank like SBI don’t stay for long.
Once the scheme closes, these returns may not come back anytime soon.
A quick thumb rule:
If you have spare money for 1–1.5 years, this is one of the best FD deals in the market right now.
Frequently Asked Questions
1. Can I open SBI Amrit Vrishti FD online?
Yes, both YONO and SBI Net Banking allow online opening without visiting a branch.
2. Is the interest rate fixed for the whole 444 days?
Yes, once you deposit, the rate stays locked even if SBI revises rates later.
3. What happens if I withdraw early?
You’ll get your money, but SBI will apply a small penalty (0.50%–1%) depending on the rules.
