SBI FD interest rate up to 7.9%: List of 5 State Bank of India special fixed deposits offering higher rates

The State Bank of India (SBI) has launched a special fixed deposit scheme called “Amrit Vrishti,” offering interest rates up to 7.9%. This scheme is available for a limited period and caters to both domestic and non-resident Indian customers. The base interest rate for the scheme is 7.25% per annum, with an additional 0.50% for senior citizens, bringing the total to 7.75%. The scheme is available for a tenure of 444 days and can be booked through SBI branches, internet banking, and the YONO app. The higher interest rates are part of SBI’s efforts to attract more deposits and provide better returns to its customers. The scheme is expected to be popular among investors looking for safe and high-yield investment options5.