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SBI 444-Day FD Scheme 2026: Check Amrit Vrishti Interest Rates and Returns on ₹5 Lakh and ₹10 Lakh
SBI Amrit Vrishti FD Scheme 2026: Fixed deposits remain a popular savings option among investors who prefer predictable returns and want to avoid stock market fluctuations. State Bank of India (SBI), the country's largest public-sector bank, offers a special fixed deposit tenure of 444 days under its Amrit Vrishti scheme.
This deposit option is designed for customers looking to invest their savings for slightly longer than one year. The scheme also offers additional interest benefits for eligible senior citizens and super senior citizens.
According to the rates mentioned in the supplied report dated October 20, 2026, regular customers can earn 6.45% annually, while senior citizens receive 6.95%. Customers aged 80 years and above are quoted a higher rate of 7.05%.
The scheme also provides facilities such as premature withdrawal, subject to applicable penalties, and loans against fixed deposits.
But how much money could you actually earn by investing ₹1 lakh, ₹5 lakh or ₹10 lakh for 444 days? Here is a detailed explanation of the interest rates, eligibility requirements, estimated maturity amounts and important conditions.
SBI Amrit Vrishti FD 2026: Interest Rates for Different Customers
The supplied report lists three interest rates for SBI's 444-day special fixed deposit.
| Customer Category | Reported Annual Interest Rate |
|---|---|
| General customers | 6.45% |
| Senior citizens aged 60 and above | 6.95% |
| Super senior citizens aged 80 and above | 7.05% |
Senior citizens receive an additional 0.50 percentage points over the general customer rate, while eligible customers aged 80 and above receive a further 0.10 percentage points.
SBI's published information confirms that Amrit Vrishti is a 444-day deposit product and that the bank offers additional interest benefits to eligible senior and super senior citizens.
Rate verification: SBI's accessible rate disclosures contain different effective dates. The 6.45% rate is supported by a later SBI NRE deposit schedule, but the complete domestic rate schedule for October 20, 2026, could not be independently confirmed. Investors should verify the rate displayed by SBI when opening the deposit.
SBI 444-Day FD Calculator: Returns on ₹1 Lakh, ₹5 Lakh and ₹10 Lakh
The following calculations illustrate the returns using the rates quoted in the supplied report.
They assume cumulative interest compounded quarterly over 444 days. Actual maturity proceeds may vary slightly depending on the bank's calculation method, deposit date and tax deductions.
| Investment | General Customer at 6.45% | Senior Citizen at 6.95% | Super Senior Citizen at 7.05% |
|---|---|---|---|
| ₹1 lakh | ₹8,094 | ₹8,743 | ₹8,873 |
| ₹5 lakh | ₹40,472 | ₹43,715 | ₹44,365 |
| ₹10 lakh | ₹80,944 | ₹87,429 | ₹88,730 |
Figures show approximate interest earned, not the total maturity amount. Calculations are before tax.
How Much Will ₹5 Lakh Become After 444 Days?
A regular customer investing ₹5 lakh at an annual interest rate of 6.45% could earn approximately ₹40,472 over 444 days.
The estimated maturity value would therefore be around ₹5,40,472.
A senior citizen receiving 6.95% could earn approximately ₹43,715, bringing the maturity value to around ₹5,43,715.
For an eligible super senior citizen receiving 7.05%, the estimated interest would be ₹44,365.
This means the total maturity value could reach approximately ₹5,44,365.
These figures demonstrate how even a relatively small difference in the annual interest rate can affect the final return.
SBI FD Calculation: What Happens if You Deposit ₹10 Lakh?
For investors considering a larger deposit, the potential interest earnings increase proportionately.
At 6.45%, a ₹10 lakh investment could generate approximately ₹80,944 in interest over 444 days.
The estimated maturity amount would be ₹10,80,944.
A senior citizen earning 6.95% could receive approximately ₹87,429 in interest, taking the maturity amount to ₹10,87,429.
For customers aged 80 and above who qualify for 7.05%, the estimated maturity value would be around ₹10,88,730.
The calculations assume the deposit remains invested for the full tenure without premature withdrawal.
What Is the Minimum and Maximum Investment?
According to the scheme details, customers can generally begin a retail fixed deposit with ₹1,000.
The special retail deposit category covers eligible deposits below ₹3 crore.
The maximum amount should not be confused with ₹3 billion. Three billion rupees equals ₹300 crore, which is substantially higher than the stated retail deposit limit.
The deposit must also satisfy SBI's applicable eligibility requirements.
Who Can Open an SBI Amrit Vrishti FD?
The scheme has been offered to eligible domestic retail depositors, including individuals and Hindu Undivided Families.
Eligible NRI rupee deposits have also been covered under the scheme's published terms.
However, the availability of particular account types and additional interest benefits depends on the applicable product conditions.
Senior-citizen benefits should not automatically be assumed to apply to every NRI deposit category.
Customers should review the relevant deposit terms before investing.
Can Investors Receive Monthly Interest?
SBI's Amrit Vrishti deposit structure has included different interest payment arrangements.
Under a regular term deposit, customers may be able to choose periodic interest payments, such as monthly, quarterly or half-yearly payouts.
Under a cumulative special term deposit, interest is generally paid at maturity.
The choice affects the final return.
A cumulative deposit benefits from compounding, whereas a deposit providing regular interest payments may generate a different total maturity amount.
Customers seeking regular income should confirm the payout frequency and applicable interest calculation before opening the account.
SBI FD Premature Withdrawal Rules
Investors may need to close a fixed deposit before its scheduled maturity because of unexpected expenses.
SBI permits premature withdrawal for eligible callable deposits, subject to applicable conditions.
The bank's published penalty schedule provides for a reduction in the applicable interest rate.
| Deposit Amount | Published Premature Withdrawal Penalty |
|---|---|
| Up to ₹5 lakh | 0.50 percentage points |
| Above ₹5 lakh and below the applicable retail threshold | 1 percentage point |
For deposits remaining with the bank for fewer than seven days, no interest is payable under the published rules.
SBI staff and eligible SBI pensioners may qualify for specific penalty exemptions.
Premature withdrawal may substantially reduce the return, so investors should consider their short-term cash requirements before locking in their savings.
Is a Loan Available Against This Fixed Deposit?
SBI's published Amrit Vrishti terms include a loan facility against eligible deposits.
This may help customers meet temporary financial requirements without immediately closing their fixed deposit.
However, a loan against an FD is not interest-free.
Borrowers must pay the applicable loan interest and comply with the bank's repayment terms.
The loan amount available may also be lower than the total fixed deposit value.
How to Open SBI's 444-Day Fixed Deposit Online
Eligible customers may be able to book the special deposit through SBI's digital banking services, subject to its current availability.
The general process is:
- Open the SBI YONO application or official internet banking portal.
- Sign in using your registered banking credentials.
- Navigate to the fixed deposit or term deposit section.
- Select the appropriate deposit product and enter the investment amount.
- Choose the 444-day tenure if it is available.
- Check the displayed interest rate, maturity value and withdrawal conditions.
- Review the details and confirm the deposit.
Customers can also visit an SBI branch for assistance.
SBI's published scheme documents identify branches, internet banking and YONO as supported channels.
Is SBI Amrit Vrishti FD Tax-Free?
Interest earned from fixed deposits is generally taxable.
The amount must be considered while calculating the investor's taxable income under the applicable income tax rules.
Tax deducted at source may apply when interest exceeds the prescribed threshold.
The final tax liability depends on the investor's total income, tax regime and eligibility for exemptions or relief.
A 444-day fixed deposit should also not be confused with a five-year tax-saving FD.
The two products have different tenures and tax-related features.
Is SBI's 444-Day FD a Safe Investment?
SBI fixed deposits provide predictable contractual interest returns and are not directly affected by daily stock market movements.
However, bank deposits should not be described as completely risk-free.
Eligible bank deposits are covered by the Deposit Insurance and Credit Guarantee Corporation (DICGC), subject to the statutory insurance limit of ₹5 lakh per depositor per bank, including principal and interest in the same right and capacity.
Investors placing larger amounts should understand that the full deposit may not be covered by deposit insurance.
SBI Amrit Vrishti FD 2026: Important Points Before Investing
The 444-day Amrit Vrishti scheme offers a relatively short fixed-deposit tenure for customers seeking predictable returns.
Based on the rates mentioned in the supplied report, a ₹5 lakh investment could generate approximately ₹40,472 for regular customers and ₹43,715 for senior citizens.
For a ₹10 lakh investment, the estimated interest could range from ₹80,944 to ₹88,730, depending on the applicable customer category.
However, investors should verify the currently offered rate, the availability of fresh bookings, the interest payment option and the premature withdrawal conditions before making a deposit.
The most important step is to check SBI's official rate at the time of booking, because fixed deposit interest rates can change and directly affect the final maturity amount.
