sbi amrit vrishti scheme : This FD scheme of SBI is currently in a lot of discussion because no other scheme can compete against this FD scheme, this FD scheme offers good interest rate for short term investment that's why people are choosing this scheme more. So let's know the A to Z information of this sbi amrit vrishti scheme.

sbi amrit vrishti scheme

SBI Amrit Vrishti Scheme is specially for people who want to invest rupees for short time and get good return, in this scheme if you invest rupees for 444 days then you will get good rate of interest. Apart from this, the maturity time of this scheme is 444 days.

Why SBI Amrit Vrishti FD Scheme is special?

The annual interest rate for fixed deposits with SBI for one to two years is 6.80%. In post office also annual interest rate for one year fixed deposit is 6.9% whereas interest rate of sbi amrit vrishti scheme is 7.25%-7.75% that means we get higher interest rate in sbi amrit vrishti scheme.

Benefits of SBI Amrit Vrishti FD Scheme

Under this scheme, you can get full interest monthly, quarterly, semi-annually or on maturity.
If you withdraw money from this scheme before maturity, deposits up to ₹5,00,000 will earn half a percent (0.5%) interest and deposits above ₹5,00,000 will earn 1% percent interest.

Required Date for SBI Amrit Vrishti FD Scheme

In sbi amrit vrishti scheme you can avail this scheme by depositing rupees from 15/07/2024 to 30/09/2024.

sbi amrit vrishti scheme interest rate

Under this scheme general public gets 7.25% interest rate on maturity and senior citizen gets 7.75% interest rate, if withdrawal before maturity then penalty will be charged as mentioned in benefits above.

How to invest in Amrit Vrishti FD Scheme?

To invest in this scheme, you can visit any sbi bank branch near you and fill the application form. Also, if you have an account with sbi, you can invest in this scheme with the help of internet banking. Also, you can invest in this scheme with the help of YONO app. can

How much return will you get on how much investment?

The following calculation is calculated at maturity, for general and senior citizens.
  • On deposit of ₹1,00,000, general public will get maturity amount of ₹1,09,266 while senior citizens will get maturity amount of ₹1,09,930.
  • On investment of ₹5,00,000, general public will get maturity amount of ₹5,46,330 while senior citizens will get maturity amount of ₹5,49,648.
  • On investment of ₹10,00,000, general public will get maturity amount of ₹10,92,661 while senior citizens will get maturity amount of ₹10,99,295.
Hope you got complete information about sbi amrit vrishti scheme. If this scheme is selected then you can invest in this scheme.