SBI Amrit Kalash FD Scheme: Now there is less time left to invest in the special FD scheme ‘Amrit Kalash’ of State Bank of India (SBI). The time to invest in special FD of SBI Bank is 31 March 2024.
SBI Amrit Kalash FD Scheme : There is less time left to invest in the special FD scheme ‘Amrit Kalash’ of State Bank of India (SBI). The time to invest in the special FD of SBI Bank is 31 March 2024. Customers have less than a month left to invest in this scheme of SBI. The special thing about SBI ‘Amrit Kalash’ scheme is that it gives interest at the rate of 7.6 percent on FD for 400 days. Customers are getting more interest in less time.
7.60 percent interest is available in Amrit Kalash Yojana
According to SBI, common citizens investing in the bank’s Amrit Kalash Special FD Scheme will get 7.10% interest rate. At the same time, senior citizens will be given an interest rate of 7.60%. Investment in this scheme is till 31 March 2023. During this period anyone can book this scheme online or offline. Amrit Kalash also provides bank loan facility to investors in return. You can apply for loan under Amrit Kalash Yojana.
FD scheme is for 400 days
According to the bank’s website, anyone can invest in Amrit Kalash Special Scheme with a period of 400 days and get guaranteed returns. According to SBI Bank, Amrit Kalash FD investors can take monthly, quarterly and half yearly interest payments. On maturity of SBI Amrit Kalash, the interest money is added to the customer’s account after deducting TDS. According to SBI website, if the money deposited in Amrit Kalash FD is withdrawn before the period of 400 days, the bank can deduct 0.50% to 1% interest rate less than the applicable rate as penalty.