SBI Amrit Vrishti FD: How much maturity amount you will get on Rs 1.5 lakh, 2.5 lakh, 3.5 lakh and Rs 4.5 lakh investments under this guaranteed return scheme
State Bank of India (SBI) provides various investment schemes for general and senior citizens. One of these schemes is the SBI Amrit Vrishti Scheme. The scheme was launched recently and has a specific tenure of 444 days.
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SBI Amrit Vrishti Scheme: Availability period
The scheme is available till March 31, 2025.
What is the tenure for the SBI Amrit Vrishti Scheme?
The tenure for this savings scheme is 444 days.
SBI Amrit Vrishti Scheme: Interest rates
The interest in this scheme is 7.25 per cent per annum for general customers and 7.75 per cent for senior citizens.
What is the eligibility?
- Domestic retail term deposits.
- NRI rupee term deposits (up to Rs 3 crore).
- New and renewal of existing deposits.
SBI Amrit Vrishti Scheme: What will be the penalty for premature withdrawal?
- 0.50% for deposits up to Rs 5 lakh.
- 1% for deposits above Rs 5 lakh but below Rs 3 crore.
- There is no penalty for staff and SBI pensioners.
How to apply for the SBI Amrit Vrishti Scheme?
You can apply through SBI branches, internet banking, or YONO mobile application.
How much amount you will get on maturity on the Rs 1.5 lakh investment?
On an investment of Rs 1,50,000, senior citizens will get an interest of Rs 14257.38 at the rate of 7.75 per cent and the maturity amount will be Rs 1,64,257.38. Whereas general citizens will get Rs 13330.65 as interest at the rate of 7.25 per cent and the maturity amount will be Rs 1,63,330.65.
Maturity amount on Rs 2.50 lakh investment
On an investment of Rs 2,50,000, senior citizens will get an interest of Rs 23,762.29 at the rate of 7.75 per cent and the maturity amount will be Rs 2,73,762.29. Whereas general citizens will get Rs 22,217.76 as interest at the rate of 7.25 per cent and the maturity amount will be Rs 2,72,217.76.
Maturity amount on Rs 3.50 lakh investment
On an investment of Rs 3,50,000, senior citizens will get an interest of Rs 33,267.21 at the rate of 7.75 per cent and the maturity amount will be Rs 3,83,267.21. Whereas general citizens will get Rs 31,104.86 as interest at the rate of 7.25 per cent and the maturity amount will be Rs 3,81,104.86.
Maturity amount on Rs 4.50 lakh investment
On an investment of Rs 3,50,000, senior citizens will get an interest of Rs 42,772.13 at the rate of 7.75 per cent and the maturity amount will be Rs 4,92,772.13. Whereas general citizens will get Rs 39,991.96 as interest at the rate of 7.25 per cent and the maturity amount will be Rs 4,89,991.96.