SBI FD Scheme: SBI has such an FD scheme which gives you much higher returns than its regular FD and there are also extra benefits of investing in it.SBI FD Scheme: India's largest public sector bank, State Bank of India, has launched a special FD which is giving better returns than its regular FD. Its name is Amrit Vrishti Fixed Deposit Scheme and it is a limited-time scheme. This scheme was launched on 16 July 2024 and it is available for investment till 31 March 2025.
At present, the general customers are getting a normal return of 3.50% to 6.50% in SBI's regular FD schemes or term deposit schemes which is considered according to different tenures.
Senior citizens get an additional 0.50 per cent interest on regular savings schemes, taking the rates to 7.50 per cent per annum,
7.25% annual interest rate for regular customers
7.75% annual interest rate for senior citizens
If FD of Rs 1 lakh is done for 444 days (1.2 years), then in this
Rs 1,09 lakh (interest of Rs 9,133.54) for regular customers
Rs 1,09,787.04 (Rs 9,787.04 as interest) for senior citizens
You can start with Rs 1000 and there is no upper limit in this.
Domestic and NRI customers can make deposits less than Rs 3 crore.
Any investor can invest in it as monthly, quarterly and half-yearly investment.
Through Amrit Vrishti Fixed Deposit Scheme, common investors are getting higher returns than the common regular schemes of SBI, so investors who want maximum returns in a short period can invest in it. Senior citizens can especially get an interest of 7.75 percent.
In Amrit Vrishti Fixed Deposit Scheme, you can open a deposit through SBI branch, YONO SBI or YONO Lite mobile app. Apart from this, investment can also be made through SBI internet banking.
