Have you noticed how fixed deposit rates quietly change, but special schemes often slip under the radar? That’s exactly what’s happening with the SBI 444-Day FD Scheme 2026, also known as the Amrit Vrishti scheme. It’s not flashy. It’s not complicated. Yet for many savers, it hits a sweet spot that regular FDs often miss.
As of January 2026, this limited-period fixed deposit from State Bank of India is still available and offering better returns than many standard tenures. And since it’s backed by India’s largest public sector bank, safety isn’t up for debate.
What Is the SBI 444-Day FD Scheme 2026?
The Amrit Vrishti scheme is a special retail term deposit with a fixed tenure of exactly 444 days. That odd number isn’t random. It allows SBI to offer a slightly higher interest rate without locking your money away for years.
This makes it ideal if you’re saving for short-to-medium goals. Think school fees, a planned vacation, or simply building an emergency buffer without committing to a long-term FD.
Deposits under Rs. 3 crore are eligible, and you can invest fresh funds or renew an existing FD into this scheme.
Why Amrit Vrishti Feels Different
Here’s the thing. Most FDs give you flexibility in tenure, but not always the best rates. Amrit Vrishti flips that logic.
By fixing the duration at 444 days, SBI locks in a predictable return for you. No surprises. No market stress. Add to that DICGC insurance cover up to Rs. 5 lakh and the trust of SBI, and the scheme becomes easy to consider for conservative investors.
You can open it online through the YONO app or walk into a branch. Simple either way.
SBI 444-Day FD Interest Rates in 2026
Rates were last revised on December 15, 2025. As of now, here’s what the scheme offers:
| Category | Interest Rate (%) | Additional Benefit | Ideal For |
|---|---|---|---|
| General Citizens | 6.45% | Base rate for 444 days | Short-to-medium term savers |
| Senior Citizens (60+) | 6.95% | Extra 0.50% over base | Retirees seeking steady income |
| Super Senior Citizens (80+) | Up to 7.05% | Additional 0.10% under SBI Patrons | Elderly investors prioritizing safety |
For cumulative FDs, these rates can make a noticeable difference compared to regular tenures.
Features That Add Real Flexibility
The minimum deposit is just Rs. 1,000, with no upper limit for retail investors. You can choose how you receive interest—monthly, quarterly, half-yearly, or all at maturity.
Need funds urgently? You can take a loan of up to 90% of the FD value instead of breaking it. Premature withdrawal is allowed, though a small penalty usually applies.
Tax rules are the same as any FD. TDS applies if interest crosses the applicable threshold.
Should You Consider This FD in 2026?
If you prefer stability over speculation, the SBI 444-Day FD Scheme 2026 fits well. With interest rates showing signs of leveling out after RBI actions, locking into a decent medium-term rate can make sense.
Just remember to check SBI’s official website before investing, since special schemes can be withdrawn or revised without much notice.
Frequently Asked Questions
Is the SBI 444-Day FD Scheme 2026 still available?
Yes, as of January 2026, the Amrit Vrishti scheme remains active. However, it is a limited-period offer, so availability may change based on SBI’s internal decisions.
Can I open the 444-day FD online?
Absolutely. You can open it through SBI’s YONO app or internet banking. Branch visits are optional if your KYC is already complete.
Is premature withdrawal allowed in this scheme?
Yes, premature withdrawal is permitted, but it usually attracts a penalty of around 0.50% to 1%. Bank staff and certain pensioners may get exemptions.