Special FD scheme: This FD scheme of SBI gives more interest than other banks, check immediately | News India

New Delhi . Fixed Deposit (FD) is a safe option for investment. People like this option very much. The number of FD investors is constantly increasing. FD is so popular for investment that banks keep launching new FD schemes from time to time.

In these schemes, the investor gets many other benefits along with high interest rates. One of these schemes is also of State Bank of India (SBI). SBI has launched Amrit Vrishti FD scheme for investors. In this scheme, the investor gets strong interest.

SBI Amrut Vrishti FD

SBI Amrit Vrishti FD matures in 444 days. In this, common citizens get interest up to 7.25 percent per annum. At the same time, senior citizens get 7.75 percent interest. Investment can be made in this scheme till 31 March 2025. A maximum of Rs 3 crore can be invested in this scheme.

Maturity period- 444 days

Interest rate – 7.25 percent

Maximum investment – Rs 3 crore

FD Interest Rates of Other Banks

Apart from State Bank of India, other banks also run many types of FD schemes for their customers. The interest rate on this FD scheme is quite different from SBI Amrit Vrishti FD. If you are also thinking of getting an FD, then you should compare the interest rates of all the banks once.

• In Punjab National Bank (PNB), the general public gets a maximum of 7.30 percent interest on FDs with a tenure of 400 days, and senior citizens get up to 7.80 percent interest.
• In Canara Bank, on FDs with a tenure of 444 days, the general public gets 7.25 percent interest and senior citizens get up to 7.75 percent interest.
• Union Bank of India: On 399 days FD, the bank gives 7.25 percent interest to general citizens and 7.75 percent interest to senior citizens.
• Bank of Baroda's BOB Monsoon Dhamaka Deposit Scheme which matures in 399 days. It offers a maximum interest of 7.25 percent to the general public and 7.75 percent to senior citizens.
• On 444 days FD of Punjab & Sind Bank, the general public gets a maximum of 7.25 per cent interest and senior citizens get a maximum of 7.75 per cent interest.