SBI Amrit Vrishti FD Scheme 2025: New Deposit Plan Offers Up to 7.75% Interest — Know Details, Benefits & How to Invest

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.

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.

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.