Up to 8% FD rate: SBI Amrit Vrishti FD interest rate vs other big banks’ 400-day fixed deposits Let's compare the interest rates for SBI Amrit Vrishti FD with those offered by other banks such as PNB, Canara, Bank of Baroda, and P&S Bank for the same duration
State Bank of India (SBI) has introduced a new special fixed deposit (FD) known as SBI Amrit Vrishti, offering higher interest rates for a limited time. Here is a comparison of the interest rates for SBI Amrit Vrishti FD with other banks like PNB, Canara, Bank of Baroda, and P&S Bank for the same duration. Note that these FD interest rates are for amounts below Rs 3 crore.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
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SBI Amrit Vrishti – 444 days
SBI offers the highest interest rate of 7.25% for general citizens on newly launched SBI Amrit Vrishti on 444 days tenure and 7.75% for senior citizens on the same tenure. The scheme is available for investment from July 15, 2024 to March 31, 2025.Also read: SBI FD interest rate up to 7.75%: State Bank of India launches Amrit Vrishti, a limited period FD with higher interest rate
PNB
Punjab National Bank (PNB) offers the highest interest rate of 7.30% for general citizens and 7.80% for senior citizens on 400 days tenure.Canara Bank
Canara Bank offers the highest interest rate of 7.25% for general citizens and 7.75% for senior citizens on 444 days tenure.Also read: Earn up to 7.9% FD rate: These 3 banks have launched limited period special fixed deposits with higher interest rates
Union Bank of India
Union Bank of India offers the highest interest rate of 7.25% for general citizens and 7.75% for senior citizens on 399 days tenure.Bank of Baroda
Bank of Baroda offers the highest interest rate of 7.25% for general citizens and 7.75% for senior citizens on 399 Days (bob Monsoon Dhamaka Deposit Scheme).Punjab & Sindh Bank
Punjab & Sindh Bank offers the highest interest rate of 7.25% for general citizens and 7.75% for senior citizens on 444 days tenure. This FD is valid up to September 30, 2024.Karur Vysya Bank
Karur Vysya Bank offers the highest interest rate of 7.50% for general citizens and 8% for senior citizens on 444 days tenure.Bank
General Citizens
Senior CItizens
Tenure
SBI
7.25%
7.75%
444 days
PNB
7.30%
7.80%
400 days
Canara bank
7.25%
7.75%
444 days
Union Bank of India
7.25%
7.75%
399 days
Bank of Baroda
7.25%
7.75%
399 days
KVB
7.50
8%
444 days
P&S
7.25%
7.75%
444 days
Source: ET Online
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This story originally appeared on: India Times - Author:Faqs of Insurances