Special FD Scheme: SBI Amrit Kalash is a 400 day FD. In this, customers are getting 7.1% interest and senior citizens are getting 7.6% interest. Customer can book SBI Amrit Kalash FD by visiting SBI branch or through net banking and SBI YONO app.
SBI Special FD Scheme: If you are planning to make FD or any other kind of investment in the recent past, then this news is useful for you. Yes, State Bank’s special FD scheme Amrit Kalash Deposit Scheme will end this month. SBI Amrit Kalash is a 400 day FD. In this, customers are getting 7.1% interest and senior citizens are getting 7.6% interest. Customer can book SBI Amrit Kalash FD by visiting SBI branch or through net banking and SBI YONO app. Let us tell you that you can invest in this special Amrit Kalash investment scheme of SBI till 15 August 2023.
Interest paid
Interest will be paid on monthly, quarterly, half-yearly basis in this investment plan. On maturity of FD, interest after deducting TDS will be sent to the customer’s account. In this, TDS will be imposed according to the rules of income tax. The investor can use Form 15G/15H to request exemption from tax deduction under IT rules.
FD interest rates
State Bank of India (SBI) offers interest between 3% to 7% on deposits below Rs 2 crore for general citizens. Apart from this, interest between 3.50% to 7.50% is given to senior citizens by the bank.
IDBI Bank Amrit Mahotsav FD
IDBI Bank offers 375 days and 444 days Amrit Mahotsav FD scheme. FD can also be done from IDBI till 15 August 2023. Under the 444-day Amrit Mahotsav FD scheme, the bank offers an interest rate of 7.15% to General, NRE and NRO. For senior citizens, 7.65% is offered by the bank.
The bank offers an interest rate of 7.10% under the 375 days Amrit Mahotsav FD scheme to Regular, NRE and NRO customers. Offers 7.60% interest rate for senior citizens. Apart from this, IDBI Bank offers interest rates between 3% to 6.80% for deposits below 2 crores to general customers and interest rates for senior citizens between 3.50% and 7.30%.
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