Fixed Deposits (FDs) have always been a preferred choice for Indian investors seeking safe and assured returns. To celebrate 75 years of Indian independence and provide lucrative returns to its depositors, State Bank of India (SBI) has introduced a special fixed deposit plan named the SBI Amrit Vrishti FD Scheme.
This limited-period FD scheme offers attractive interest rates ranging from 7.75% to 9.75% with a maturity period of 444 days, making it ideal for both regular investors and senior citizens looking for short-term returns.
Let’s dive deep into what makes this scheme special and whether you should invest in it.
📌 What is the SBI Amrit Vrishti FD Scheme?
The Amrit Vrishti FD Scheme is a special fixed deposit product launched by SBI to provide higher interest returns over a short-term period. This FD scheme comes with a tenure of 444 days and offers attractive interest rates to general public, senior citizens, and super senior citizens.
This scheme is valid for a limited time, and SBI has introduced it as part of its financial offerings for FY 2025.
🧾 Key Highlights of SBI Amrit Vrishti FD:
| Feature | Details |
|---|---|
| FD Scheme Name | SBI Amrit Vrishti FD |
| Minimum Investment | ₹1,000 |
| Maximum Investment | No upper limit |
| Tenure | 444 Days |
| Interest Rate (General) | Up to 7.75% |
| Interest Rate (Senior Citizens) | Up to 9.25% |
| Interest Rate (Super Seniors) | Up to 9.75% |
| Premature Withdrawal | Allowed with penalty |
| Availability | For a limited period only |
💸 SBI Amrit Vrishti FD Interest Rate Breakdown
Let’s break down the interest rate structure based on depositor category:
👉 For General Citizens:
- Interest Rate: Up to 7.75%
👉 For Senior Citizens (Age 60+):
- Interest Rate: Up to 9.25%
- Benefit: Extra 50 basis points over regular rates
👉 For Super Senior Citizens (Age 80+):
- Interest Rate: Up to 9.75%
- Benefit: Additional 25 basis points over senior citizen rate
Note: The exact interest rate depends on deposit amount and branch policy. Always confirm at your nearest SBI branch.
🧮 Example Calculation – Maturity Amount
Here’s an example to understand the maturity benefit of this scheme:
🔹 For General Citizen:
- Investment: ₹1,00,000
- Interest Rate: 7.75%
- Maturity (Approx): ₹1,09,434 after 444 days
🔹 For Senior Citizen:
- Investment: ₹1,00,000
- Interest Rate: 9.25%
- Maturity (Approx): ₹1,11,273 after 444 days
🔹 For Super Senior Citizen:
- Investment: ₹1,00,000
- Interest Rate: 9.75%
- Maturity (Approx): ₹1,11,904 after 444 days
🎯 Why Choose SBI Amrit Vrishti FD?
Here are the reasons this scheme is catching investor attention:
✅ High Returns in Short Term
Traditional FDs generally offer 6–7% return. But this scheme provides up to 9.75%, even for a short period of 444 days.
✅ Government-Backed Security
SBI being a government-owned bank adds a strong layer of safety to your investment.
✅ Ideal for Senior Citizens
This FD provides enhanced returns for senior and super senior citizens — making it a perfect alternative to risky market-linked products.
✅ Flexible Investment Amount
Start with just ₹1,000. This makes it accessible for small savers too.
✅ Liquidity Option
Even though it’s a fixed deposit, you can still prematurely withdraw funds with minor penalties.
📝 How to Apply for SBI Amrit Vrishti FD?
You can invest in this FD scheme through both offline and online modes.
🔹 Offline Method:
- Visit the nearest SBI branch.
- Ask for the “Amrit Vrishti FD” form.
- Fill in details and submit KYC documents.
- Deposit the amount via cheque, cash, or direct debit.
🔹 Online Method:
- Log in to SBI Internet Banking.
- Go to “Fixed Deposit” section.
- Select “SBI Amrit Vrishti FD” under special schemes.
- Choose tenure (444 days), enter deposit amount.
- Submit and receive confirmation.
📉 What About Premature Withdrawal?
Yes, you can withdraw your deposit before maturity. However, like most FDs, SBI will levy a penalty (typically 0.5% to 1%) on the interest rate applicable.
Thus, it’s best to hold till maturity to get full benefits.
🏁 Who Should Invest?
✅ You Should Invest If:
- You are looking for short-term guaranteed returns.
- You are a retired individual seeking high and safe returns.
- You want to diversify your portfolio with safe instruments.
- You wish to park idle money for about 1.2 years with higher yield.
❌ You Should Avoid If:
- You may need the money within 3-6 months.
- You are seeking market-based or tax-saving investments like ELSS or PPF.
🧠 Expert Tips Before Investing
- Always confirm the exact applicable interest rate with your branch.
- For senior citizens, carry age proof to get the extra interest benefit.
- Avoid premature withdrawal unless it’s urgent, to avoid penalty losses.
- Use SBI FD calculator to check your maturity amount.
📌 Final Thoughts
The SBI Amrit Vrishti FD Scheme 2025 is an excellent short-term investment for individuals who seek safety and superior returns. With interest rates going up to 9.75%, it beats most bank FDs, savings accounts, and even some government-backed schemes for this short tenure.
So, whether you’re a retired investor or someone looking to invest idle funds for the next 15 months, this 444-day FD plan could be a golden opportunity.
