SBI’s Amrit Vrishti is a special fixed deposit scheme (SBI 444 days FD) introduced by the State Bank of India. It offers a 444-day term deposit with an interest rate that was initially considered quite attractive—especially for senior citizens.
Key features:
- Fixed deposit duration: 444 days
- Open to domestic and NRI customers
- Available via: SBI branches, YONO SBI, YONO Lite, and SBI Internet Banking
- Extra interest for senior and super senior citizens
This scheme was launched with the goal of helping customers lock in better interest rates while offering flexibility through both online and offline channels.
What’s Changed in 2025?
If you’ve already invested—or were planning to—here’s the update you can’t afford to miss:
Interest Rate Revision (Effective June 15, 2025) SBI 444 days FD New Interest rate
| Customer Category | Previous Rate | New Rate (Effective June 15, 2025) |
|---|---|---|
| Regular Customers | 6.85% | 6.60% |
| Senior Citizens (60–79) | 7.35% | 7.10% (0.50% extra) |
| Super Senior Citizens (80+) | 7.45% | 7.20% (0.60% extra) |
This rate cut might seem discouraging, but the scheme still offers competitive returns compared to many other bank FDs, especially if you fall into the senior citizen category.
Amrit Vrishti FD Eligibility and Benefit
This scheme is especially helpful for:
- Senior Citizens: You get a 0.50% boost on top of the regular rate.
- Super Senior Citizens (80+): Enjoy an additional 0.10% over senior citizen rates—making it 0.60% more than regular depositors.
- Conservative Investors: If you don’t want to risk your money in mutual funds or stocks, this plan gives you a safer option.
But remember: This FD is not applicable to Recurring Deposits, Green Rupee Term Deposits, Tax Saving Schemes, MODS, Capgain Schemes, or Non-Callable Term Deposits.
How to Open the Amrit Vrishti FD Account
Step-by-step guide to get started:
- Log into your SBI YONO app, SBI Internet Banking, or visit your nearest SBI branch.
- Choose the Fixed Deposit section.
- Select the Amrit Vrishti (444 days) option.
- Enter the deposit amount and tenure.
- Confirm your interest payout preference (monthly, quarterly, or on maturity).
- Submit and wait for confirmation!
Why People Are Still Choosing Amrit Vrishti
Despite the rate cut, here’s why this scheme still appeals to thousands of Indians:
- SBI’s trust: With decades of experience, you know your money’s in safe hands.
- Tailored benefits for seniors: In a time when inflation eats into savings, even that extra 0.50% or 0.60% can make a big difference.
- Easy access: Open it online, offline, or through mobile apps—whatever works best for you.
- No market risks: Your principal and interest are secure.
FAQs About SBI Amrit Vrishti FD Scheme
1. Is the Amrit Vrishti scheme still a good investment after the rate cut?
Yes—especially for senior citizens. While the rate is slightly lower, it’s still higher than many standard FD rates offered elsewhere.
2. Can NRIs invest in this scheme?
Yes, the scheme is available to both domestic and non-resident Indian customers.
3. What’s the minimum and maximum deposit limit?
SBI hasn’t mentioned a specific cap in public releases. For exact figures, check with your branch or net banking.
4. What if I need to withdraw early?
Like most FDs, premature withdrawal is allowed, but you might lose out on some interest. Always check the terms before locking your funds.
5. Can I open this FD through the YONO SBI app?
Absolutely. The process is quick, secure, and hassle-free.
6. What makes this FD different from a normal one?
The 444-day lock-in period and special interest rates (especially for seniors) make it stand out from typical term deposits.