SBI 444-day FD vs Bank of Baroda 400-day FD: What will be maturity amounts on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens?
A special fixed deposit (FD) is a type of small savings scheme that offers a higher interest rate for a specific period. The interest rate is higher than a standard FD. It allows individuals to invest a lump sum and let it grow over a fixed period at a fixed interest rate. FD interest rates are unaffected by market fluctuations, so they are suitable for people with a low-risk appetite.
A fixed deposit provides guaranteed returns to its investors at a predetermined interest rate. One can invest a lump sum for a specific period, ranging from a short 7 days to a longer 10 years. Special FDs are usually offered for a specific period, and the interest earned on a special FD is higher than a standard FD if the money is not withdrawn for the specified period. Just like State Bank of India’s Amrit Vrishti 444-day fixed deposit (FD) scheme and Bank of Baroda (BoB) 400-day FD. Thus, let’s compare the maturity amounts of Rs 4 lakh and Rs 8 lakh investments for general and senior citizens in these two special FDs.
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(Disclaimer: Our calculations are projections and not investment advice. Do your due diligence or consult an expert for financial planning)
State Bank of India’s Amrit Vrishti 444-day fixed deposit (FD)

Bank of Baroda (BoB) 400-day fixed deposit (FD)
SBI 444-day FD interest rate for general citizens
SBI 444-day FD interest rate for senior citizens

Bank of Baroda 400-day FD interest rate for general citizens

Bank of Baroda 400-day FD interest rate for senior citizens

SBI 444-day FD: Maturity amount for general citizens on Rs 4 lakh investment

SBI 444-day FD: Maturity amount for senior citizens on Rs 4 lakh investment

SBI 444-day FD: Maturity amount for general citizens on Rs 8 lakh investment

SBI 444-day FD: Maturity amount for senior citizens on Rs 8 lakh investment

BoB 400-day FD: Maturity amount for general citizens on Rs 4 lakh investment

BoB 400-day FD: Maturity amount for senior citizens on Rs 4 lakh investment

BoB 400-day FD: Maturity amount for general citizens on Rs 8 lakh investment
