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Stock markets are very risky. Similarly mutual funds also do not guarantee your investments completely. Apart from this, real estate and gold markets also never guarantee your investments. And in that case, the only scheme that offers full guarantee of the money you put in is fixed deposits offered by banks. At present, if we deposit FD in the bank for 400 days, how much interest are AA banks paying? Now let us try to find out. 
 

SBI Amrit Vrishti Scheme : Generally FD deposits offered by the bank will give you interest income with 100% guarantee. Because the bank pays you money at a fixed rate of interest. But especially for FD deposits, you have to make a fixed deposit of a fixed amount in the bank for a fixed period of time. This interest payment is paid once a month or once every three months. At present, if we deposit FD in the bank for 400 days, how much interest are AA banks paying? Now let us try to find out.   

Country's largest public sector bank State Bank of India (SBI) has launched a new special Fixed Deposit (FD) scheme called Amrit Vrishti. This scheme offers higher interest rates of return on the investment amount, for a limited period only. Many other banks are running fixed deposit schemes similar to SBI Amrit Vrishti FD Scheme. Let's find out which bank offers interest on FD scheme for more than 400 days.  

SBI Amrit Vrishti: SBI recently launched SBI Amrit Vrishti. It offers higher interest rates of 7.25 percent for general citizens and 7.75 percent for senior citizens on the investment amount for a period of 444 days. The scheme is available for investment from 15 July 2024 to 31 March 2025. In this scheme you can deposit up to 3 crore rupees. For example if you spend Rs. If you deposit Rs 1 crore, you will get a senior citizen interest rate of 7.75 per cent for 444 days at Rs. Income up to 10 lakhs.    

Punjab National Bank : Punjab National Bank (PNB) is offering interest rate of 7.30 percent for general citizens and 7.80 percent for senior citizens for 400 days.  

Canara Bank: Canara Bank is offering 7.25 percent interest for general citizens and 7.75 percent interest for senior citizens for a period of 444 days.  

Union Bank of India: Union Bank of India offers 7.25 percent interest rate for general citizens and 7.75 percent interest rate for senior citizens on 399 days FD.  

Bank of Baroda: Bank of Baroda is offering 7.25 per cent interest for general citizens and 7.75 per cent for senior citizens on 399 days FD (BOB Monsoon Dhamaka Yojana).  

Punjab and Sindh Bank: Punjab and Sindh Bank offers the highest interest rate of 7.25 percent for general citizens and 7.75 percent for senior citizens.