SBI Reintroduces Amrit Vrishti FD Scheme with Revised Rates
Category | Details |
---|---|
Scheme Name | Amrit Vrishti |
Reintroduction Date | April 15, 2025 |
Previous Scheme Period | July 2024 - March 31, 2025 |
Target Audience | Senior and Super-Senior Citizens |
Tenure | 444 days |
Interest Rates (Senior Citizens) | 7.55% (Senior Citizens), 7.65% (Super-Senior Citizens) |
Interest Rates (General Public) | 7.05% (reduced from 7.25%) |
Revised Rates for Other Tenures | 1 year to <2 years: 7.20% (from 7.30%)<br>2 years to <3 years: 7.40% (from 7.50%) |
Application Deadline | No deadline specified |
Objective | Provide secure investment options with higher returns for senior citizens |