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HomePersonal FinanceSBI announced a new special FD scheme with higher interest rates. Check...

SBI announced a new special FD scheme with higher interest rates. Check interest & FD details

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SBI Scheme: Now a new scheme has been brought through State Bank of India, in which excellent interest is being provided. State Bank of India (SBI) announced a new special FD scheme with higher interest rates. The scheme is available for general category investors as well as senior citizens.



State Bank Of India: The bank provides many types of offers on savings to the people. With the help of this, people can deposit their money in banks in different schemes and get returns on it. Now a new scheme has been brought through State Bank of India, in which excellent interest is being provided. State Bank of India (SBI) announced a new special FD scheme with higher interest rates. The scheme is available to general category investors as well as senior citizens. However, this is a limited period offer which will end next month.

Amrit Kalash Deposit

The name of the new FD scheme of SBI is Amrit Kalash Deposit. Attractive interest rate, tenure of 400 days and much more are being given in this scheme. The “Amrit Kalash Deposit” scheme has been introduced for domestic and NRI customers.

Eligibility

State Bank of India’s new 400 days FD is available to both domestic and NRI customers. Both the customers can take advantage of this scheme.

Validity

This new deposit scheme is valid from February 15, 2023 to March 31, 2023. People can start this scheme during this period.

Interest Rate

Amrit Kalash Deposit provides 7.6 percent interest to senior citizens. Apart from this, the interest rate of 7.1 percent is being offered to others.


Tenure

The new FD scheme is for a period of 400 days.

Interest paid

At the same time, in this scheme of SBI, interest will be paid on maturity.

TDS

TDS in this scheme will be applicable rate as per Income Tax Act.

Premature withdrawal

If someone wants to withdraw earlier in this scheme, he can also do so. Premature withdrawal and loan facility will also be available on the new Amrit Kalash deposits.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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