Fixed Deposit (Bank FD) is a favorite investment tool of Indians. Risk-averse investors invest a lot of money in FDs because of the risk of sinking money and guaranteed returns. Banks also keep launching new FD schemes to attract customers. State Bank of India is also running many special fixed deposits. One such special FD is 'SBI Amrit Vrishti FD'. This special FD was launched this year itself. The bank is giving 7.25% annual interest to the general customer on this FD of 444 days. At the same time, senior citizens are being given 7.75% annual interest.
The special thing is that you can invest in SBI Amrit Vrishti FD from home. That is, you do not even need to go to the branch. You can buy this FD through net banking and the SBI YONO app. You also have the option of investing in this special FD by visiting the bank branch. Investment can be made in SBI Amrit Vrishti FD till 31 March 2025.
FD can be made for 7 days to 10 years
State Bank of India provides FDs of various tenures to the customers. In India's largest bank, you can make FDs for tenures ranging from 7 days to 10 years. The interest rates of FDs of different tenures are also different. SBI is offering interest ranging from 3.50% to 4.00% on FDs of tenures ranging from 7 to 45 days. FDs with tenures of 46 to 179 days are getting interest rates of 5.50% to 6.00%, FDs with tenures of 180 to 210 days are getting interest rates of 6.25% to 6.75% and FDs with tenures of 211 to less than 1 year are getting interest rates of 6.50% to 7.00%.
FDs with tenures of 1 year to less than 2 years are getting interest rates of 6.80% to 7.30%, FDs with tenures of 2 years to less than 3 years are getting interest rates of 7.00% to 7.50%, FDs with tenures of 3 years to less than 5 years are getting interest rates of 6.75% to 7.25% and FDs with tenures of 5 years to 10 years are getting interest rates of 6.50% to 7.50%.
SBI is also running the Amrit Kalash scheme
State Bank of India (SBI) is also running a special fixed deposit (FD) scheme Amrit Kalash. Under this scheme, senior citizens are being given 7.60% annual interest on FD and general customers are being given 7.10% annual interest. In this fixed deposit scheme, investment has to be made for 400 days.
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