SBI Amrit Vrishti FD 2026: Investors looking for predictable returns during the festive season may consider fixed deposits offered by the State Bank of India (SBI). One such product is the bank's 444-day special fixed deposit, known as the Amrit Vrishti scheme.

The scheme has attracted attention because of its special tenure and different interest rates for regular customers and senior citizens. According to a Moneycontrol Hindi report published on November 8, 2026, the scheme offers annual interest rates of 6.45% for regular customers, 6.95% for senior citizens and 7.05% for eligible super senior citizens.

For investors considering deposits of ₹5 lakh or ₹10 lakh, understanding the maturity calculation, interest compounding, taxation and premature withdrawal conditions is essential.

What Is SBI's 444-Day Amrit Vrishti Fixed Deposit?

SBI Amrit Vrishti is a special-tenure fixed deposit product with a maturity period of 444 days.

Unlike regular fixed deposits, which may offer several tenure options, this scheme focuses on a specified deposit period.

Customers investing in a cumulative fixed deposit receive their principal and accumulated interest at maturity, subject to the applicable terms.

The return depends on the interest rate applicable when the deposit is booked.

Once a fixed-rate deposit is opened, its contracted rate generally remains unchanged for the agreed tenure, subject to the bank's rules.

SBI Amrit Vrishti FD Interest Rates in November 2026

The source report provides the following interest rates for the 444-day deposit.

These are the rates quoted in the November 8 report. Customers should verify the currently applicable rates and eligibility conditions on SBI's official website before booking a deposit.

The final return will depend on the contracted rate, interest payout option and calculation method.

SBI 444-Day FD: How Much Will ₹5 Lakh Earn?

Suppose a regular customer invests ₹5,00,000 for 444 days at an annual interest rate of 6.45%.

Under a cumulative deposit calculation with quarterly compounding, the estimated interest would be around ₹40,000.

The maturity amount would therefore be approximately ₹5.40 lakh before applicable taxes.

A senior citizen investing the same amount at 6.95% could receive approximately ₹43,000 in interest, taking the estimated maturity value to around ₹5.43 lakh.

The exact amount displayed by SBI may differ because of the bank's interest calculation conventions, deposit dates and rounding.

SBI 444-Day FD: Returns on a ₹10 Lakh Investment

For a larger investment of ₹10 lakh, the interest earned would be approximately twice the amount generated by a ₹5 lakh deposit under identical conditions.

At the reported 6.45% annual rate, a regular customer could earn approximately ₹80,000 over 444 days.

The estimated maturity amount would be close to ₹10.80 lakh.

At the reported senior citizen rate of 6.95%, the estimated interest would be approximately ₹86,000, resulting in a maturity value of around ₹10.86 lakh.

These are illustrative calculations rather than confirmed maturity quotations from the bank.

How Does Quarterly Compounding Increase FD Returns?

Compounding allows interest credited during an investment period to contribute to subsequent interest calculations.

For cumulative fixed deposits, banks generally calculate interest according to the applicable compounding conventions.

As interest accumulates, the amount on which subsequent interest is calculated increases.

This can produce a higher maturity value than a simple-interest calculation using the same nominal annual rate.

However, deposits offering periodic interest payouts may generate different total cash flows because interest is paid out rather than accumulated until maturity.

Customers should distinguish between cumulative deposits and regular income options before selecting a product.

Can Senior Citizens Earn More Interest?

Banks frequently provide additional interest benefits to eligible senior citizens on selected retail fixed deposits.

Under the rates reported for SBI Amrit Vrishti, senior citizens receive 0.50 percentage points more than regular customers.

The report also mentions a higher rate for eligible super senior citizens.

Age-related benefits and the applicable deposit conditions should be confirmed through SBI's official rate card.

Customers may need to satisfy the bank's age and account eligibility requirements to receive the additional interest.

How to Open an SBI Amrit Vrishti FD Online

Eligible SBI customers may be able to book fixed deposits through the bank's supported digital channels, subject to product availability.

The general process involves the following steps:

1. Sign in to the official SBI YONO application or SBI internet banking.
2. Open the deposits or fixed deposit section.
3. Check whether the 444-day special deposit is currently available.
4. Review the applicable interest rate, tenure and deposit conditions.
5. Enter the investment amount and select the appropriate interest payout option.
6. Verify the maturity details before confirming the deposit.
7. Save the deposit confirmation and account details.

The exact menu names may vary according to the banking platform.

Customers who prefer assisted service can contact an SBI branch.

Can You Withdraw Money Before 444 Days?

Fixed deposits are designed to remain invested for their selected tenure.

Premature withdrawal may be permitted under the applicable product rules, but the interest payable can differ from the originally contracted rate.

The bank may also impose a premature withdrawal penalty.

Before opening the deposit, customers should check whether premature closure is permitted and how the final interest would be calculated.

Investors who may need money unexpectedly should avoid placing their entire emergency reserve into a single fixed deposit.

Is a Loan Available Against the SBI Special FD?

Banks may provide loans or overdraft facilities against eligible fixed deposits.

The source report refers to borrowing facilities of up to 90% of the deposit value.

However, the actual loan limit, interest rate, margin and eligibility depend on SBI's applicable terms.

Borrowing against an FD can provide access to liquidity without immediately closing the deposit, but the loan creates a repayment obligation and incurs interest costs.

Customers should compare the borrowing cost with the consequences of premature withdrawal.

Is SBI FD Interest Tax-Free?

Interest earned from bank fixed deposits is generally taxable under the applicable income-tax rules.

The tax treatment depends on the investor's circumstances, including total taxable income and relevant statutory provisions.

Tax deducted at source, where applicable, is not necessarily the final tax liability.

Investors should therefore calculate their expected post-tax return rather than focusing only on the advertised interest rate.

Is the Entire ₹10 Lakh Deposit Fully Insured?

Bank fixed deposits do not carry the same market-price fluctuations as equity mutual funds, but they should not be described as completely risk-free.

In India, eligible bank deposits are covered by the Deposit Insurance and Credit Guarantee Corporation (DICGC), subject to a limit of ₹5 lakh per depositor per bank, including principal and interest across eligible deposits.

This means an investment of ₹10 lakh at one bank is not fully covered by deposit insurance.

Customers should understand this distinction when evaluating the safety of large fixed deposits.

Who Should Consider a 444-Day Fixed Deposit?

A fixed deposit with a tenure of approximately 14.5 months may suit investors who want a defined maturity date and predictable contractual interest.

It may be relevant for short- to medium-term savings goals, depending on liquidity requirements.

However, investors should compare the offered rate with other available deposit tenures and consider the effect of inflation and taxation.

The highest advertised interest rate is not always the most suitable choice for every investor.

Conclusion

SBI's 444-day Amrit Vrishti fixed deposit offers a special-tenure savings option for customers seeking predictable returns.

According to the November 8, 2026 report, the scheme carries interest rates of 6.45% for regular customers, 6.95% for senior citizens and 7.05% for eligible super senior citizens.

At those illustrative rates, a ₹5 lakh deposit could generate approximately ₹40,000–₹43,000 in interest for regular and senior customers respectively, while a ₹10 lakh deposit could generate approximately ₹80,000–₹86,000.

Before investing, customers should confirm the scheme's current availability, official interest rates, maturity amount, tax implications and premature withdrawal rules.

Disclaimer: This article is for general financial information only and does not constitute personalised investment advice. Interest rates and product conditions may change. Customers should verify all details with SBI before opening a deposit.

Rate verification note: SBI's publicly accessible official rate page confirms the 444-day Amrit Vrishti scheme but displays an older rate revision effective June 15, 2025, rather than the November 2026 rates quoted in the supplied article. Therefore, the 6.45%, 6.95% and 7.05% figures should be treated as reported rates, not independently verified current SBI rates.