SBI Special FD Scheme : SBI New FD Scheme may delight FD investors as its offering high interest rate up 7.05% with flexible Terms like 400, 444 & 555 Days. So here is an investment opportunity and make some stable income while investing in SBI FD. It is also a great chance to make money that is in your savings account. Let your money make extra for just investing in Fixed Deposit.
SBI is largest bank in india and people have trust on SBI saving schemes and it has given good return on investments. People feel secure while putting money in the State Bank of India as it offers various investment options. SBI Special FD Scheme is one of them. It is offering high interest rates in the short term.
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SBI Special FD Scheme : Fixed Deposit is still Popular !
In this investment age Fixed Deposits are still considered safe and earning investment. There are a variety of investment options available like Stocks, MF, SIP, Bonds, Crypto..etc but FD investors have their own belief on Fixed deposit.
In recent years the stock market has not grown well and other instruments have risk associated with them . But FDs are risk free and its investors sleep well without worries of volatility.
SBI Special FD Scheme For 400 days
SBI is offering FD For 400 days which means that the investment period will be more than 1year to less than 2 year. For this tenure SBI is giving attractive interest rates like up to 6.75%. Below is given interest rate in details:-
| Days | Rates for Public | Rates for Senior Citizen |
|---|---|---|
| (400 Days ) | 6.25% | 6.75% |
SBI Special FD Scheme For 444 days
SBI has another a new variant of Retail Term Deposit Scheme ‘‘AMRIT VRISHTI’ for 444 days tenor, which gives higher rate of interest @7.25% p.a. to the Customers. SBI offering higher return for Senior Citizens are being offered 50 basis points more, ie @7.75% p.a.
| Days | Rates for Public | Rates for Senior Citizen |
|---|---|---|
| (444 Days ) | 7.25% | 7.75% |
SBI Special FD Scheme to Earn 7.05%
To earn higher rate interest like 7.05% investere have to invest 5 years less than 10 years. For this tanure general Citizen earn 6.05% and For Senior citizen it is 7.05%. The rates are subject to change so visit SBI official website regularly.
Examle of SBI Special FD Scheme
To invest in SBI Special FD Scheme citizen can invest minmum 1000/- rupees to maximum 3cr.
For Regular Customer
If you invest ₹10,00,000 in the SBI 444 Days FD Scheme, a regular customer will earn interest at 7.25% per annum. Over 444 days, this comes to approximately ₹88,210, making the maturity value around ₹10,88,210.
For senior citizens
For senior citizens, the interest rate is higher at 7.75% per annum. On the same deposit and tenure, the total interest earned would be about ₹94,310, giving a maturity value of nearly ₹10,94,310.
Thus, senior citizens get an extra benefit of about ₹6,100 compared to the general public for the same FD.
Who Should Invest in SBI Special FD Scheme
SBI Special FD Scheme are best suited for:
- Conservative investors who are looking for safe and fixed returns.
- Senior citizens who want higher interest with short lock-in period of time and enjoy higher return
- First-time investors who want to test FDs before long-term commitment as limited time to reserch and do not want to take risk with fixed income
- People with upcoming financial needs like marriage, education, travel .. etc within 1–2 years.
Why Choose SBI Special FD Schemes?
Here are the main advantages of investing in these FD plans:
- Higher Interest Rates – Compared to standard FDs, these special tenures often provide an extra 0.20%–0.30% return.
- Safe and Secure – Being India’s largest public sector bank, SBI provides maximum trust and stability.
- Flexible Options – Choose between 400, 444, or 555 days as per your financial goals.
- Extra Benefit for Seniors – Senior citizens get an additional 0.50% interest on deposits.
- Loan Facility – You can avail a loan against these FDs if you need urgent liquidity.
Also check : – FD Interest Calculator Excel Sheet Download
How to start SBI Special FD Schemes?
Any one can easily open these FDs through both online and offline modes:
Online (via SBI Net Banking / YONO App)
- Log in to your SBI Net Banking or YONO App.
- Go to the “Fixed Deposit” section.
- Choose Special Tenure FD.
- Select the desired tenure (400, 444, or 555 days).
- Enter deposit amount and confirm.
Offline (Branch Visit)
- Visit your nearest SBI branch.
- Fill out the FD opening form.
- Submit KYC documents (if required).
- Deposit the investment amount.
- Collect the FD receipt with details of tenure and interest rate.
Final Thought
The SBI 400, 444 & 555 days FD schemes are excellent short-term investment options for those who want safe returns in less than two years. With 7.05% attractive interest rates, especially for senior citizens, these deposits can help you grow your savings without taking any market risk.
Disclaimer: FD interest rates and maturity values are indicative. Actual returns may vary as per SBI’s policies and compounding method. Please check with the bank and you financial advisor before investing.
