Along with this, the interest rate on special FD Amrit Vrishti has also been reduced by 0.20 percent. SBI had closed its existing special FD Amrit Kalash in early April. Now the interest rate on the 444 days special FD running with it has also been reduced. But in May, once again the bank has reduced the FD rates on Amrit Vrishti Yojana.

SBI’s Amrit Vrishti FD

Amrit Vrishti FD scheme is a special FD scheme of 444 days. Till now, 7.25% interest was being given to general customers, 7.75% to senior citizens and 7.85% annual interest was being given to super senior citizens above the age of 80 years. Then from 15 April 2025, 7.05% annual interest was announced to general customers, 7.55% to senior citizens and 7.65% annual interest was announced to super senior citizens above the age of 80 years on this FD. Now once again the interest has been reduced. Now from 16 May 2025, this much interest will be available on Amrit Vrishti.

Amrit Vrishti 444 days FD scheme will get this much interest from May 16, 2025

General Customers – 6.85%

Senior Citizen – 7.35%

Super Senior Citizen – 7.45%

What is SBI Amrit Vrishti Scheme?

This is a term deposit scheme, whose period is 444 days. That is, the money will be invested for 444 days. Domestic and NRI customers can take advantage of this scheme. This scheme will be applicable to those fixed deposits whose investment amount is less than Rs 3 crore. Interest will be paid on monthly, quarterly or half-yearly basis.

How to invest?

Customers can invest through SBI branches, YONO SBI and YONO Lite mobile apps or internet banking. This scheme will be automatically implemented when a 444-day period is selected.

The post SBI reduced interest on Amrit Vrishti Yojana! You will get this much less interest on FD of 444 days first appeared on Rightsofemployees.com.

Recently, SBI has launched the Amrit Vrishti Yojana, in which the investment deadline has been extended to 31 March 2025. Apart from this, the investment period in SBI’s SBI Amrit Kalash Yojana has also been extended to 31 March 2025. Earlier the investment deadline in this scheme was 30 September. Know the advantages and disadvantages of both the schemes here.

7.60% interest is available on SBI Amrit Kalash

Amrit Kalash Yojana of the country’s largest public sector bank SBI is a special FD scheme. The last date to invest in it was 30 September 2024, which has been extended to 31 March 2025. The bank is giving 7.10% interest on this. Senior citizens are getting 7.60 percent interest on this scheme. This is a special scheme of SBI in which more interest is being given than normal FD in 400 days.

According to the bank’s website, anyone can invest in Amrit Kalash Special Scheme with a period of 400 days and get guaranteed returns. According to SBI Bank, investors of Amrit Kalash FD can get monthly, quarterly and half-yearly interest payments. According to the SBI website, on premature withdrawal of money in Amrit Kalash FD before 400 days of FD, the bank can deduct 0.50% to 1% less interest rate than the applicable rate as a penalty.

SBI ‘Amrit Vrishti’ FD Scheme

State Bank of India (SBI) has launched a special FD. The name of this new scheme of SBI is ‘Amrit Vrishti’. The new scheme has come into effect from 15 July 2024. Amrit Vrishti Yojana is offering an annual interest rate of 7.25% on deposits of 444 days. Apart from this, SBI will also give an additional 0.50% interest to senior citizens. Senior citizens are getting maximum interest. This special FD can be booked through bank branch, internet banking and YONO channel. You can invest up to Rs 3 crore in this FD. Investment can also be made in this scheme till 25 March 2025.

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