SBI Amrit Vrishti FD Scheme 2025: Up To 7.75% Interest

NEW DELHI — April 20, 2025: After the closure of its popular ‘Amrit Kalash FD’ on April 1, the State Bank of India (SBI) has introduced a brand-new fixed deposit scheme titled ‘Amrit Vrishti FD’ — offering attractive interest rates for a limited tenure of 444 days. With returns reaching up to 7.75% per annum, this new plan has quickly caught the attention of both retail and senior citizen investors.

This strategic launch comes ahead of the RBI Monetary Policy Committee (MPC) meeting, a time when many banks are adjusting interest rates or discontinuing special term deposit products.

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Amrit Vrishti FD: Key Features & Benefits

SBI’s Amrit Vrishti FD Scheme is a special term deposit applicable for both domestic and NRI customers, offering:

Tenure: 444 days
Interest Rate (General Public): 7.25% p.a.
Interest Rate (Senior Citizens): 7.75% p.a.

Additional Highlights:

Minimum investment: ₹1,000
No upper deposit limit
Interest payout options: Monthly, quarterly, or semi-annually
Available on both new and renewal deposits
Not applicable to recurring deposits, tax-saving FDs, annuity FDs, or multi-option deposits

How to Invest in SBI Amrit Vrishti FD

Interested customers can invest in the scheme via:

Nearest SBI Branch
YONO SBI or YONO Lite App
SBI Internet Banking Portal

Once the 444-day term is selected during the booking process, the system automatically activates the Amrit Vrishti FD plan.

Why Investors Are Interested

At a time when other banks are reducing FD rates or discontinuing special deposit products, SBI’s move offers a safe and lucrative fixed-income option. The scheme has become especially popular with senior citizens, who benefit from a 0.50% interest premium.

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SBI’s interest rates continue to remain among the most competitive in the Indian banking sector, especially considering the risk-free nature of fixed deposits with a public sector bank.

Author Profile

Ganpat Singh Chouhan: My name is Ganpat Singh Choughan. I am an experienced content writer with 7 years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.