SBI Amrit Vrishti FD Scheme: Interest on a ₹5 Lakh Deposit for 444 Days

State Bank of India (SBI) offers fixed deposit schemes for customers seeking interest income over a specified period. One such scheme is Amrit Vrishti, a special fixed deposit with a tenure of 444 days.

Before investing, customers should verify whether the scheme is currently open for fresh deposits and check the applicable interest rates with SBI. The interest earned on a ₹5 lakh deposit will depend on the rate offered, the deposit terms and the bank`s interest calculation method.

What Is the SBI Amrit Vrishti FD Scheme?

SBI`s Amrit Vrishti is a special fixed deposit scheme designed around a 444-day investment period, equivalent to approximately 14 months and 19 days.

When the scheme was introduced, the bank announced an interest rate of 7.25% per annum for general customers and 7.75% for senior citizens. However, these were introductory rates and should not be treated as the current rates.

According to the information provided in the source report, the rates were revised from December 15, 2025, to 6.45% for general customers, 6.95% for senior citizens and 7.05% for eligible super senior citizens aged 80 and above.

As these rates may change and the scheme`s availability for new deposits must be confirmed, customers should check SBI`s official website or visit a branch before investing.

How Much Interest Can You Earn on a ₹5 Lakh FD?

The following figures are illustrative estimates based on the interest rates mentioned in the supplied report. Actual maturity proceeds may differ depending on SBI`s applicable terms and calculation method.

These are approximate figures, not guaranteed maturity quotations. The final amount depends on the applicable interest rate, compounding rules and deposit terms. Tax deductions, where applicable, can also affect the net amount received.

Do Senior Citizens Get Additional Interest?

Senior citizens may qualify for a higher interest rate than general customers under applicable SBI fixed deposit terms. The source report lists a rate of 6.95% for senior citizens and 7.05% for eligible super senior citizens under the scheme.

However, customers should confirm the current rates and eligibility conditions directly with SBI before making a deposit.

Five Things to Check Before Investing in an SBI FD

1. Current interest rate: Verify the rate applicable on the date of deposit rather than relying on an older announcement.

2. Premature withdrawal:g> Check whether withdrawing the deposit before maturity attracts a penalty or reduces the interest payable.

3. Tax implications: FD interest is generally taxable according to the applicable income tax rules. TDS may also apply.

4. Liquidity needs: Consider whether you can leave the money invested for the full 444-day period.

5. Maturity amount: Ask SBI for the exact maturity value and review the deposit receipt and terms before confirming the investment.

Is the SBI Amrit Vrishti FD Suitable for You?

A fixed deposit may suit investors who prefer predictable interest income over market-linked returns. However, the right choice depends on the investor`s financial goals, need for access to funds, tax position and the interest rates available when investing.

Depositors should also understand the limits of deposit insurance. DICGC generally covers eligible deposits up to ₹5 lakh per depositor per bank, including principal and interest, in the same right and capacity. A deposit of ₹5 lakh can therefore grow beyond the insured limit when interest is added.

Important: The rates and maturity amounts above are based on the supplied report and are not a confirmation that the scheme is currently available at those rates. Check SBI`s official website at https://sbi.co.in/ or contact a branch for the latest terms.

Disclaimer: This article is for general information only and is not investment advice. Confirm current scheme availability, interest rates, tax rules and maturity calculations with SBI before investing.