Looking for a safe and high-return investment option? The new Special FD Scheme of Government Bank offering 7.75% interest might be the perfect solution! This scheme is gaining a lot of attention due to its attractive interest rate, low minimum investment starting from just Rs 100, and additional facilities designed for all types of investors, including senior citizens and small savers.
Special FD Scheme of Government Bank
| Feature | Details |
|---|---|
| Interest Rate (General) | 7.25% per annum |
| Interest Rate (Senior Citizens) | 7.75% per annum |
| Minimum Investment | Rs 100 (varies by bank, SBI starts from Rs 1000) |
| Scheme Name | SBI Amrit Kalash / Amrit Vrishti FD and similar special FDs from other banks |
| Tenure | 444 Days |
| Additional Facilities | Loan against FD, premature withdrawal (conditions apply), flexible interest payout |
| Scheme Validity | Available till March 31, 2025 |
| Official Website | SBI Official FD |
The Special FD Scheme of Government Bank offering 7.75% interest is a safe, accessible, and rewarding option for investors in 2025. Whether you’re a senior citizen seeking steady income, or a young saver starting small, this FD scheme offers a great balance of security and high returns.
What is the Special FD Scheme Offering 7.75% Interest?
The Special Fixed Deposit (FD) Scheme of Government Banks is a limited-period, high-interest deposit plan aimed at providing better returns to investors amid fluctuating market conditions. One of the most popular variants is the State Bank of India (SBI) Amrit Vrishti FD Scheme, offering an interest rate of 7.75% per annum for senior citizens and 7.25% for general investors.
What makes it stand out is:
- Low entry point: You can start investing with as little as Rs 100 or Rs 1000, depending on the bank.
- Short tenure: Fixed at 444 days, making it ideal for short-to-medium term investors.
- Additional perks: Including loans against FD, auto-renewal, and flexible payout options.
Other government banks like Bank of Baroda, Punjab National Bank, and Canara Bank have also launched similar FD schemes with competitive rates.
see also: MSSC Scheme: You will get a strong return on depositing ₹ 2 lakh
Why Should You Consider This FD Scheme?
1. Attractive Interest Rates
Compared to regular FD rates, which hover around 6% to 6.75%, this special scheme offers:
- 7.25% per annum for regular customers
- 7.75% per annum for senior citizens
This is one of the highest FD rates offered by a government-backed bank in India.
2. Low Minimum Investment
Many banks allow you to start with just Rs 100 or Rs 1000, making it highly accessible even for small savers, students, or pensioners.
3. Government-Backed Safety
Being offered by top public sector banks, these schemes are backed by the trust and security of the Government of India.
4. Loan Facility Against FD
Need urgent cash? You can avail of a loan against your FD without breaking it, usually up to 90-95% of FD value.
5. Flexible Interest Payout Options
You can choose to receive interest monthly, quarterly, or on maturity, making it ideal for different financial needs.
How to Open This Special FD Account? (Step-by-Step Guide)
Step 1: Choose Your Bank
Most leading government banks like SBI, PNB, BoB, and Canara Bank offer special FD schemes. Visit their website or branch to compare rates and features.
Step 2: Check Eligibility
Anyone can open the FD, including:
FD Highest Interest: ये 3 सरकारी बैंक दे रहे हैं जबरदस्त ऑफर, देखें कितना मिल रहा है ब्याज
- Individuals
- Senior Citizens (eligible for extra interest rate)
- Minors (with guardian)
- NRIs (specific variants)
Step 3: Decide Deposit Amount & Tenure
Start with a minimum of Rs 100 to Rs 1000 (depending on the bank). The tenure is fixed at 444 days.
Step 4: Choose Interest Payout Option
Options include:
- Monthly
- Quarterly
- On maturity
Step 5: Submit Required Documents
You will need:
- Aadhaar Card
- PAN Card
- Passport-sized photo
- Address proof
Step 6: Invest Online or Offline
- Online: Via NetBanking or Mobile Banking app
- Offline: Visit your nearest branch and fill out the FD form
Practical Example: How Much Will You Earn?
Let’s say you invest Rs 1,00,000 in SBI’s Amrit Vrishti FD for 444 days.
| Particulars | Details |
|---|---|
| Principal Amount | Rs 1,00,000 |
| Interest Rate (Senior Citizen) | 7.75% per annum |
| Interest Earned (Approx.) | Rs 9,500+ |
| Maturity Amount | Rs 1,09,500+ |
This is higher than regular savings accounts or standard FDs, making it a profitable short-term plan.
see also: Deposit money for just 2 years and get ₹2,32,044
Special FD Scheme of Government Bank FAQs
1. What is the interest rate offered in this special FD scheme?
The scheme offers 7.25% for general customers and 7.75% for senior citizens.
2. What is the minimum amount I can invest?
The minimum investment starts from Rs 100 to Rs 1000, depending on the bank.
3. Is premature withdrawal allowed?
Yes, but penalty charges may apply based on the bank’s policy.
4. Can NRIs invest in this scheme?
Some banks allow NRIs to invest under NRO accounts. Please check specific bank rules.
5. How is the interest payout done?
You can choose between monthly, quarterly, or lump sum payout on maturity.
