SBI Amrit Vrishti FD: How much maturity amount you will get on Rs 1 lakh, 2 lakh, 3 lakh, 4 lakh and Rs 5 lakh investments under this guaranteed return scheme
SBI Amrit Vrishti FD: SBI provides a 7.25 per cent interest rate for general citizens while senior citizens get a 7.75 per cent interest rate under this guaranteed return scheme.
State Bank of India's (SBI's) Amrit Vrishti scheme is a fixed deposit (FD) scheme. It has a specific tenure of 444 days.
SBI Amrit Vrishti FD: Availability
This FD scheme started on July 15, 2024, and will be available till March 31, 2025.
SBI Amrit Vrishti FD: Interest rate
SBI provides a 7.25 per cent interest rate for general citizens while senior citizens get a 7.75 per cent interest rate under this guaranteed return scheme.
SBI Amrit Vrishti FD: Eligibility
- Domestic Retail Term Deposits
- NRI Rupee Term Deposits (up to Rs. 3 crore)
- New and renewal of existing deposits
Minimum and maximum investment amount
The minimum amount that you can invest with an SBI fixed deposit is Rs. 1,000. There is no upper limit for investing in an FD.
SBI Amrit Vrishti FD: Penalty on pre-mature withdrawal
- 0.50% for deposits up to Rs. 5 lakh
- 1% for deposits above Rs. 5 lakh but below Rs. 3 crore
- No penalty for staff and SBI pensioners
SBI Amrit Vrishti FD: How to avail of the scheme
You can open an account through SBI branches, internet banking, and YONO mobile application.
How much amount you will get on maturity on the Rs 1 lakh investment?
On an investment of Rs 1,00,000, senior citizens will get an interest of Rs 9852.77 at the rate of 7.75 per cent and the maturity amount will be Rs 109852.77. Whereas general citizens will get Rs 9190.78 as interest at the rate of 7.25 per cent and the maturity amount will be Rs 109190.78.
How much amount you will get on maturity on the Rs 2 lakh investment?
On an investment of Rs 2,00,000, senior citizens will get an interest of Rs 19705.54 at the rate of 7.75 per cent and the maturity amount will be Rs 219705.54. Whereas general citizens will get Rs 18381.56 as interest at the rate of 7.25 per cent and the maturity amount will be Rs 218381.56.
How much amount you will get on maturity on the Rs 3 lakh investment?
On an investment of Rs 3,00,000, senior citizens will get an interest of Rs 29558.32 at the rate of 7.75 per cent and the maturity amount will be Rs 329558.32. Whereas general citizens will get Rs 27572.34 as interest at the rate of 7.25 per cent and the maturity amount will be Rs 327572.34.
How much amount you will get on maturity on the Rs 4 lakh investment?
On an investment of Rs 4,00,000, senior citizens will get an interest of Rs 39411.09 at the rate of 7.75 per cent and the maturity amount will be Rs 439411.09. Whereas general citizens will get Rs 36763.12 as interest at the rate of 7.25 per cent and the maturity amount will be Rs 436763.12.
How much amount you will get on maturity on the Rs 5 lakh investment?
On an investment of Rs 5,00,000, senior citizens will get an interest of Rs 49263.86 at the rate of 7.75 per cent and the maturity amount will be Rs 549263.86. Whereas general citizens will get Rs 45953.90 as interest at the rate of 7.25 per cent and the maturity amount will be Rs 545953.90.