SBI’s Amrit Vrishti FD: State Bank of India (SBI) has given another shock to its customers in the month of May after April. SBI has reduced the interest rate on its special FD along with its regular FD. The bank has reduced the interest rate on its regular FD by 0.20 percent.
SBI’s Amrit Vrishti FD: State Bank of India (SBI) has given another shock to its customers in the month of May after April. SBI has reduced the interest rate on its special FD along with its regular FD. The bank has reduced the interest rate on its regular FD by 0.20 percent. Along with this, the interest rate on special FD Amrit Vrishti has also been reduced by 0.20 percent. SBI had closed its existing special FD Amrit Kalash in early April. Now the interest rate on the 444 days special FD running with it has also been reduced. But in May, once again the bank has reduced the FD rates on Amrit Vrishti Yojana.
SBI’s Amrit Vrishti FD
Amrit Vrishti FD scheme is a special FD scheme of 444 days. Till now, 7.25% interest was being given to general customers, 7.75% to senior citizens and 7.85% annual interest was being given to super senior citizens above the age of 80 years. Then from 15 April 2025, 7.05% annual interest was announced to general customers, 7.55% to senior citizens and 7.65% annual interest was announced to super senior citizens above the age of 80 years on this FD. Now once again the interest has been reduced. Now from 16 May 2025, this much interest will be available on Amrit Vrishti.
Amrit Vrishti 444 days FD scheme will get this much interest from May 16, 2025
- General Customers – 6.85%
- Senior Citizen – 7.35%
- Super Senior Citizen – 7.45%
What is SBI Amrit Vrishti Scheme?
This is a term deposit scheme, whose period is 444 days. That is, the money will be invested for 444 days. Domestic and NRI customers can take advantage of this scheme. This scheme will be applicable to those fixed deposits whose investment amount is less than Rs 3 crore. Interest will be paid on monthly, quarterly or half-yearly basis.
How to invest?
Customers can invest through SBI branches, YONO SBI and YONO Lite mobile apps or internet banking. This scheme will be automatically implemented when a 444-day period is selected.
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