SBI Amrit Vrishti 444-day FD vs SBI Amrit Kalash 400-day FD: Compare maturity amounts on Rs 5 lakh and Rs 8 lakh investments for general and senior citizens
A Fixed Deposit (FD) is a simple way to invest your money. You put in a lump sum, and it grows over time with a fixed interest rate. The interest rate doesn't change, even if the market does. It means FD interest rates are unaffected by market fluctuations. You can choose to get interest payments regularly or all at once when it matures.
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Fixed Deposits (FDs) give you steady returns with a fixed interest rate. You can invest a lump sum for a short or long period, from 7 days to 10 years. Some banks offer Special FDs with higher interest rates, but only for a limited time. For example, SBI's Amrit Vrishti and Amrit Kalash schemes offer higher interest rates for 444 days and 400 days respectively. Let's see how much you can earn if you invest Rs 5 lakh or Rs 8 lakh in these schemes, and how it differs for general and senior citizens.
SBI Amrit Vrishti 444-Day FD
SBI's Amrit Vrishti scheme is a 444-day fixed deposit plan that offers attractive interest rates for a short time. The deposit period is fixed at 444 days, and you can start with a minimum deposit of Rs 1,000. Plus, you have the flexibility to choose how you receive your interest - monthly, quarterly, or half-yearly.
SBI Amrit Kalash 400-day FD?
SBI’s Amrit Kalash 400-day FD scheme is a 400-day fixed deposit plan that offers an interest rate of 7.10 per cent per annum for general citizens. Senior citizens receive a rate of 7.60 per cent per annum on this scheme.
SBI 444-day FD: Interest rate for general citizens
The interest rate is 7.25 per cent for general citizens.
SBI 444-day FD: Interest rate for senior citizens
The interest rate is 7.75 per cent for general citizens.
SBI 400-day FD: Interest rate for general citizens
The interest rate is 7.10 per cent for general citizens.
SBI 400-day FD: Interest rate for senior citizens
The interest rate is 7.60 per cent for senior citizens.
SBI Amrit Vrishti 444-Day FD for general citizens: Maturity amount calculation for Rs 5 lakh investment
The estimated maturity amount will be Rs 5,45,667 in a 444-day fixed deposit for general citizens. The estimated return will be Rs 45,667.
SBI 444-Day FD for Senior Citizens: Calculate maturity amount on Rs 5 lakh investment
The estimated maturity amount will be Rs 5,48,935 in a 444-day fixed deposit for senior citizens. The estimated return will be Rs 48,935.
SBI Amrit Vrishti 444-Day FD for general citizens: Maturity amount calculator for general citizens on Rs 8 lakh investment
The estimated maturity amount will be Rs 8,73,068 in a 444-day fixed deposit for general citizens. The estimated return will be Rs 73,068.
SBI 444-Day FD for Senior Citizens: Maturity amount for Rs 8 lakh investment
The estimated maturity amount will be Rs 8,78,296 in a 444-day fixed deposit for senior citizens. The estimated return will be Rs 78,296.
SBI Amrit Kalash 400-day FD: Maturity amount for general citizens on Rs 5 lakh investment
The estimated maturity amount will be Rs 5,40,088 in a 400-day fixed deposit for general citizens. The estimated return will be Rs 40,088.
SBI 400-day FD: Maturity amount for senior citizens on Rs 5 lakh investment
The estimated maturity amount will be Rs 5,43,002 in a 400-day fixed deposit for senior citizens. The estimated return will be Rs 43,002.
SBI Amrit Kalash 400-day FD: Maturity amount for general citizens on Rs 8 lakh investment
The estimated maturity amount will be Rs 8,64,142 in a 400-day fixed deposit for general citizens. The estimated return will be Rs 64,142.
SBI 400-day FD: Maturity amount for senior citizens on Rs 8 lakh investment
The estimated maturity amount will be Rs 8,68,804 in a 400-day fixed deposit for senior citizens. The estimated return will be Rs 68,804.
(Disclaimer: Our calculations are projections and not investment advice. Do your due diligence or consult an expert for financial planning)
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Special FDs With March 31 Deadline: SBI Amrit Kalash, Amrit Vrishti, HDFC Bank 35-month FD, IDBI Bank Utsav and more; FDs offering up to 8.15% interest rate
