If you’ve ever felt that regular fixed deposits don’t quite reward your patience, you’re not alone. I’ve seen many savers park money in a 1-year FD, only to realise later that slightly longer tenures were paying noticeably better. That’s exactly where the SBI 444-Day FD Scheme 2026, also called Amrit Vrishti, quietly changes the game. It sits in that sweet spot—longer than a year, shorter than two—yet manages to offer returns that feel genuinely worth the wait.
Here’s the thing most people miss. Banks price their interest rates very carefully. By choosing an “odd” tenure like 444 days, SBI can offer higher rates without disturbing its regular FD slabs. For you, that means better interest, zero market risk, and no stress about daily ups and downs. For many households in 2026, that balance is hard to ignore.
What Makes the SBI 444-Day FD Scheme 2026 Different?
Think about it this way. You want safety like a savings account, but returns closer to long-term deposits. The SBI 444-Day FD Scheme 2026 tries to bridge that gap. With a tenure of roughly 14 months and 24 days, it’s ideal for short-term goals that still deserve solid returns, such as a planned renovation, education expenses, or even building a backup fund you don’t want to touch casually.
Unlike market-linked options, this FD doesn’t ask you to “wait and watch.” You know your returns on day one. That certainty is often underrated, especially when interest rates elsewhere feel unpredictable.
SBI 444-Day FD Interest Rates in 2026
As of the latest revision carried forward into 2026, SBI continues to offer competitive rates under this special scheme for deposits below ₹3 crore.
| Investor Category | Interest Rate (p.a.) |
|---|---|
| General Public | 6.45% |
| Senior Citizens | 6.95% |
| Super Senior Citizens | 7.05% |
Rates can change, so I always suggest checking SBI’s official website or branch before investing. Still, compared to many standard short-term FDs, these numbers remain attractive.
Key Features You Should Know Before Investing
The minimum deposit starts at just ₹1,000, which makes the scheme accessible even for first-time investors. There’s no maximum limit for retail customers, so larger amounts are welcome too. You can choose between cumulative deposits, where interest compounds quarterly, or non-cumulative options that pay interest regularly.
Premature withdrawal is allowed, though a small penalty applies. SBI also lets you take a loan against the FD—up to about 90% of its value—which can be a lifesaver during emergencies. Add DICGC insurance coverage up to ₹5 lakh, plus easy online booking through YONO or internet banking, and the convenience box is well checked.
Who Should Consider the SBI 444-Day FD Scheme 2026?
From what I’ve observed, this scheme works best for people who want peace of mind with slightly better returns. Senior citizens benefit the most due to the extra interest. Retirees looking for predictable income, families planning near-term expenses, or anyone tired of chasing risky returns may find this FD a comfortable fit.
Just remember to confirm the latest terms directly with SBI before investing.
Frequently Asked Questions
Is the SBI 444-Day FD Scheme 2026 safe?
Yes. The deposit is backed by State Bank of India and insured by DICGC up to ₹5 lakh per depositor. It carries no market risk, making it one of the safest investment options for conservative savers.
Can I withdraw money before 444 days?
Premature withdrawal is allowed, but SBI charges a small penalty on the applicable interest rate. The exact penalty may vary, so it’s best to confirm the current terms before opening the FD.
Is this FD better than a regular 1-year FD?
In many cases, yes. The SBI 444-Day FD Scheme 2026 usually offers higher interest than standard 1-year deposits, while keeping the lock-in period relatively short.