Total Interest = (Principal × Rate × 444) / (100 × 365)
Maturity Value = Principal + Total Interest

Feature Amrit Vrishti (Special FD) Regular Fixed Deposit
Interest Rate Higher, promotional rate Standard card rate
Tenure Fixed (e.g., 444 days) Flexible (7 days to 10 years)
Availability Limited period only Always available
Best For Maximizing returns in a high-rate environment General savings for various time horizons

  • Investment Amount: ₹5,00,000
  • Customer Type: Senior Citizen

By choosing the Amrit Vrishti scheme, Mrs. Geeta gets a higher interest rate (e.g., 7.10%) compared to a standard 1-year FD (e.g., 6.50%). Using the calculator, she can see that her investment will grow to approximately ₹5,44,500 in just 444 days, earning her around ₹44,500 in interest. This is significantly more than she would have earned in a regular FD for a similar period.