Fixed deposits (FDs) are a secure investment option that provides stable returns at a fixed interest rate. Investors can deposit a lump sum for periods ranging from 7 days to 10 years. The fixed deposit schemes that are set for a specific period of time are introduced by banks in a way that is similar to the way regular FDs work. But they compete with the one announced by the bank for the special time period only

As per the requirement, banks might either shorten or prolong their investment term. These exclusive FDs typically grant the customers more than the customary deposits. Two such special FD schemes offered by the largest bank in India, the State Bank of India, SBI's Amrit Vrishti and Amrit Kalash, stand out. These special FD schemes offer competitive interest rates for investment tenures of 444 days and 400 days, respectively.

With the deadline to invest in these schemes set for March 31, let’s take a closer look at how they compare and what returns general investors can expect on deposits of Rs 4,50,000, Rs 5,25,000, and Rs 6,75,000.