SBI Bank 31 March 2024 Financial Deadline: Are you also planning to invest in the special schemes of State Bank of India (SBI), the country’s largest public sector bank. So you have time till 31 March 2024. Actually, the deadline to invest in two special FD schemes of SBI, Amrit Kalash Yojana and SBI WeCare, is 31st March.
SBI Bank 31 March 2024 Financial Deadline: Are you also planning to invest in the special schemes of State Bank of India (SBI), the country’s largest public sector bank. So you have time till 31 March 2024. Actually, the deadline for investing in two special FD schemes of SBI, Amrit Kalash Yojana and SBI WeCare, is 31st March. If you are also planning to get more returns in less time then you can invest in these schemes.
1. SBI Amrit Kalash FD Scheme Time Limit
SBI’s Amrit Kalash Yojana is a special FD scheme. The bank is giving 7.10% interest on it. This is only a 400 day FD on which the interest is 7.10 percent. That is, it is offering you more interest in FD of less period. According to the bank’s website, anyone can invest in Amrit Kalash Special Scheme and get guaranteed returns. According to SBI Bank, Amrit Kalash FD investors can take monthly, quarterly and half yearly interest payments. According to SBI website, if the money deposited in Amrit Kalash FD is withdrawn before the period of 400 days, the bank can deduct 0.50% to 1% interest rate less than the applicable rate as penalty. The last date to invest in this is 31 March 2024.
2. SBI Wecare FD Scheme
SBI recently announced that the deadline for investment in the WeCare FD scheme is till 31 March 2024. SBI is offering the best interest to its customers on its WeCare FD. The bank gives 0.50 more interest on any FD to senior citizens than a normal customer. SBI Wecare is getting 7.50% interest. Investments under the scheme are made for a minimum of 5 years and a maximum of 10 years. These rates will be available on new and renewable FDs.