SBI Amrit Kalash FD: If you are looking for a safe investment, then SBI Amrit Kalash FD Scheme can be a best option for you. This special fixed deposit (FD) scheme is available for investment till 31 March 2025.
SBI Amrit Kalash FD: If you are looking for a safe investment, then SBI Amrit Kalash FD Scheme can be a best option for you. This special fixed deposit (FD) scheme is available for investment till 31 March 2025. SBI’s scheme is offering attractive interest for 400 days. This scheme can be more beneficial especially for senior citizens.
Interest rates and investment information
In SBI Amrit Kalash FD Scheme, investors will get an interest of 7.10% per annum, while for senior citizens this rate will be 7.60% per annum. With a period of 400 days, this scheme promises to give stable and safe returns to investors. This scheme is ideal for those who want to make safe savings through low-risk investments.
Return on investment
If you invest Rs 1 lakh, general investors will get interest of Rs 7,100 in 400 days. Senior citizens will get interest of Rs 7,600. If Rs 10 lakh is invested, general investors will get interest of about Rs 5,916 every month. Senior citizens will get interest of about Rs 6,333 every month.
Last date of the scheme
SBI has extended the last date of Amrit Kalash FD Scheme several times. Now 31 March 2025 is being considered as its last deadline.
Interest payment and investment process
In this scheme, the option of interest payment is given on monthly, quarterly or half-yearly basis.
On maturity, interest is deposited in the investor’s account after TDS deduction.
One can invest in this FD by visiting SBI YONO app or nearest SBI branch. Read all the documents related to the scheme carefully before investing. The terms and conditions of the scheme may change, so check the official website of SBI or contact the bank branch for the latest information.
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