As Diwali lights up homes across India, it also sparks renewed interest in managing finances wisely. For many, this season is the perfect time to invest and plan for a brighter financial future.
The State Bank of India (SBI), India’s largest and most trusted public sector bank, has launched a series of Diwali Special Fixed Deposit Schemes 2025 that cater to every kind of investor, from the cautious saver to the senior citizen seeking safe returns.
With competitive interest rates and flexible tenures, these festive FD schemes make your Diwali more than just about lights, they make it about growth and security.
What Are the SBI Diwali Special FD Schemes 2025?
SBI’s Diwali FD offers are limited-period fixed deposit schemes available in multiple tenures such as 400, 444, 555, 666, 777, 1111, 1777, and 2222 days, including the sustainable-focused SBI Green Rupee Term Deposit Scheme.
Here’s a quick look at the festive interest rates:
| Tenure | General Public (% p.a.) | Senior Citizens (% p.a.) |
| 400 Days | 6.25 | 6.75 |
| 444 Days | 6.60 | 7.10 |
| 555 Days | 6.25 | 6.75 |
| 666 Days | 6.25 | 6.75 |
| 777 Days | 6.45 | 6.95 |
| 1111 Days (Green Rupee) | 6.20 | 6.70 |
| 1777 Days (Green Rupee) | 6.20 | 6.70 |
| 2222 Days (Green Rupee) | 5.95 | 6.95 |
These schemes offer fixed and assured returns, with minimum investments starting from just ₹1,000.
How Does the SBI 400 Days FD Scheme Work?
The 400-day fixed deposit is perfect for those looking for short-term gains during the festive season. It matures in just over a year (1 year and 35 days) and includes features such as:
- Auto-renewal on maturity
- Interest rates: 6.25% for general public, 6.75% for senior citizens
- Option for premature withdrawal with minor penalty
This is an ideal option for salaried professionals and first-time investors during Diwali.
What Is the SBI 444 Days FD Scheme and Who Should Consider It?
The 444 Days FD offers a unique tenure and is designed for investors who want a bit more than short-term growth without committing to long-term lock-ins.
- Features: Loan/Overdraft facility, Auto-renewal, Premature withdrawal (0.50% – 1% penalty)
- Interest: 6.60% (general), 7.10% (senior citizens)
- Ideal for: Middle-income earners and small business owners
This is one of the highest yielding festive FDs offered by SBI in 2025.
How Beneficial Is the SBI 555 Days FD Scheme for Investors?
This medium-term option is great for investors who want a predictable growth plan over roughly 1.5 years.
- Flexible deposit amount: Minimum ₹1,000, no upper limit
- Returns: 6.25% (general), 6.75% (senior citizens)
- Suits: Risk-averse investors looking for consistent returns
What Are the Features of the SBI 666 Days Fixed Deposit?
With a slightly longer investment window, the 666 days FD is perfect for those who want to park funds for just under two years.
- Features include auto-renewal, premature withdrawal with penalty
- Interest Rate: 6.25% (general), 6.75% (senior citizens)
- Recommended for: Medium-term savers and early retirees
Why Should You Choose the SBI 777 Days FD Scheme During Diwali?
This scheme combines decent tenure with solid returns, making it a Diwali favourite.
- Offers loan facility of up to 90% of the deposit amount
- Interest: 6.45% for general, 6.95% for senior citizens
- Ideal for: Those seeking liquidity alongside returns
What Is the SBI Green Rupee Term Deposit Scheme and How Does It Support Sustainability?
SBI’s Green Rupee FD Scheme is available in 1111, 1777, and 2222-day tenures and aligns with India’s push for green investments.
| Tenure | General (% p.a.) | Senior Citizens (% p.a.) |
| 1111 Days | 6.20 | 6.70 |
| 1777 Days | 6.20 | 6.70 |
| 2222 Days | 5.95 | 6.95 |
These FDs allow environmentally conscious investors to earn stable returns while supporting sustainable initiatives.
How Can You Calculate Returns on SBI Diwali Special FD Schemes?
Returns are calculated using:
- Simple Interest (SI): SI = (P × R × T) / 100
- Compound Interest (CI): A = P(1 + r/n)^(nt)
Example for ₹2,00,000 in 444 Days FD (General Citizen)
- SI = ₹16,104
- CI = ₹16,516
For Senior Citizens (7.10%)
- SI = ₹17,284
- CI = ₹17,735
Even with short tenures, compound interest boosts earnings.
What Are the Interest Payout Options and Tax Rules for SBI Diwali FDs?
You can choose:
- Cumulative FD: Interest paid at maturity (compounded quarterly)
- Non-Cumulative FD: Monthly/Quarterly/Half-Yearly/Annual payouts
Taxation
- TDS applicable beyond ₹50,000 (general) and ₹1,00,000 (senior citizens) annually
- PAN required to avoid higher TDS at 20%
How Do SBI Diwali Special FD Schemes Compare at a Glance?
| Scheme Tenure | General Rate | Senior Citizen Rate |
| 400 Days | 6.25% | 6.75% |
| 444 Days | 6.60% | 7.10% |
| 555 Days | 6.25% | 6.75% |
| 666 Days | 6.25% | 6.75% |
| 777 Days | 6.45% | 6.95% |
| 1111 Days | 6.20% | 6.70% |
| 1777 Days | 6.20% | 6.70% |
| 2222 Days | 5.95% | 6.95% |
What Are Some Other Special FD Schemes to Explore Beyond SBI?
While SBI leads with attractive offers, other banks like Bank of India, HDFC Bank, ICICI Bank, and Canara Bank also roll out Diwali special FDs with competitive interest rates and limited-time benefits.
These schemes often include additional perks like higher returns for senior citizens, loan facilities, and flexible interest payout options.
For instance, HDFC’s festive FD schemes typically offer an extra 0.25% interest for digital bookings. ICICI Bank may provide unique tenure options or cashback incentives during the festive season.
It’s important to compare features such as interest compounding frequency, minimum deposit requirements, and premature withdrawal penalties. Doing so ensures you choose the FD that best aligns with your investment horizon and financial goals.
Conclusion
The SBI Diwali Fixed Deposit Offers 2025 provide a golden opportunity to grow your savings with assured returns during the festive season. With multiple tenure options, attractive interest rates, and added benefits for senior citizens, these schemes cater to a wide range of investors.
Whether you’re saving for a future goal or seeking safe investment avenues, SBI’s festive FDs are a reliable choice to celebrate Diwali with financial confidence and peace of mind.
Frequently Asked Questions
What is the minimum investment required for SBI Diwali FDs?
Most schemes start at just ₹1,000, making them accessible to a wide range of investors.
Can I withdraw my SBI Diwali FD before it matures?
Yes, premature withdrawal is allowed, subject to a penalty of 0.50% to 1% depending on the scheme.
Are these FD schemes available online?
Absolutely. You can open them via SBI NetBanking, the YONO App, or at your nearest branch.
Are SBI Green Rupee FDs safe to invest in?
Yes, these are standard term deposits with a focus on green finance but offer the same safety and fixed returns as regular FDs.
Do I need a PAN to invest in these FDs?
While PAN is not mandatory to invest, not providing it can lead to a higher TDS deduction of 20% instead of 10%.
How frequently is interest paid out?
You can opt for cumulative (lump sum at maturity) or non-cumulative (monthly, quarterly, etc.) payout options.
Are these schemes available for NRI customers?
No, most Diwali special FDs are only available to resident Indian customers.
