If you’ve been watching fixed deposit rates lately, you’ve probably noticed something. Returns aren’t rising anymore. In fact, many banks have started trimming rates. That’s exactly why the SBI 444-Day FD Scheme 2026, also known as Amrit Vrishti, is getting so much attention.
This isn’t a regular FD. It’s a special, limited-period deposit from the State Bank of India with a very specific tenure of 444 days. That unusual duration allows SBI to offer slightly higher interest than standard fixed deposits, while keeping the investment fully safe.
For many savers in 2026, this balance of safety and better returns is hard to ignore.
Why the SBI 444-Day FD Scheme 2026 Stands Out
Here’s the thing. Not everyone wants to lock money away for five or ten years. At the same time, parking funds in a savings account barely beats inflation.
The SBI 444-Day FD Scheme 2026 fits neatly in between. It’s ideal if you’re planning something in the next year or so. Think travel, a child’s short-term education expense, or simply building a buffer for emergencies.
Since SBI is a government-backed bank, your principal stays secure. That peace of mind is a big reason many conservative investors stick with SBI for fixed deposits.
Latest Interest Rates You Get in 2026
SBI revised the rates for this scheme effective December 15, 2025. Even after the revision, Amrit Vrishti remains competitive for its tenure.
| Category | Interest Rate (per annum) |
|---|---|
| General citizens | 6.45% |
| Senior citizens | 6.95% |
| Super senior citizens (80+) | Up to 7.05% |
Senior and super senior citizens clearly benefit more, especially those relying on fixed-income options.
Features That Make This FD Practical
The minimum investment starts at just Rs. 1,000, making it accessible for small savers too. Retail deposits can go up to Rs. 3 crore under this scheme.
You can choose how you receive interest. Either let it compound and get a lump sum at maturity, or opt for periodic payouts if you want regular income.
Need liquidity before maturity? Premature withdrawal is allowed, though a penalty applies. Alternatively, SBI allows loans against the FD, usually up to 90 percent of the deposit amount.
Another safety net many people forget is deposit insurance. This FD is covered under DICGC insurance up to Rs. 5 lakh per depositor.
Who Can Invest and How Easy Is It?
The scheme is open to resident individuals, HUFs, minors through guardians, and even NRIs. Opening an FD is straightforward. You can do it at an SBI branch, through internet banking, or via the YONO app.
Bulk deposits above Rs. 3 crore fall under separate terms, where rates may differ.
Is the SBI 444-Day FD Scheme 2026 Right for You?
If you’re chasing high returns, equity might suit you better. But if your priority is safety with decent returns, the SBI 444-Day FD Scheme 2026 makes sense.
In a phase where interest rates may soften further, locking into a known return for 444 days can be a smart move. Just remember to check the latest rates on SBI’s official website before investing.
Frequently Asked Questions
Is the SBI 444-Day FD Scheme 2026 risk-free?
Yes. The scheme is offered by State Bank of India, which is government-backed. Additionally, deposits are insured up to Rs. 5 lakh under DICGC, making it a very low-risk investment option.
Can I withdraw money before 444 days?
Premature withdrawal is allowed, but SBI will charge a penalty as per its FD rules. If you need funds temporarily, taking a loan against the FD may be a better option.
Are interest rates fixed for the entire tenure?
Yes. Once you invest, the interest rate applicable on the date of deposit remains fixed for the full 444-day tenure, even if SBI changes rates later.