You can invest in the Amrit Kalash Fixed Deposit Scheme of State Bank of India till March 31, 2025. In this scheme, senior citizens i.e. citizens above 60 years of age are getting an interest rate of 7.60 percent and common citizens are getting an interest rate of 7.10 percent.
New Delhi : If you are looking for a better option to invest and do not want to take risk in the stock market or anywhere else, then fixed deposit can prove to be a great option for you. All the banks in the country provide fixed deposit facility to their customers, for this many banks have also launched special schemes for FD.
State Bank of India, one of the largest banks in the country, has launched a special fixed deposit scheme Amrit Kalash for its bank customers. Customers also get high interest rates in this FD scheme. We share with you the information related to this scheme.
SBI Amrit Kalash Scheme
You can invest in State Bank of India's Amrit Kalash Fixed Deposit Scheme till 31 March 2025. In this scheme, senior citizens i.e. citizens above 60 years of age are getting an interest rate of 7.60 percent and general citizens are getting 7.10 percent. You can invest in this FD scheme for about 400 days. This is a special term deposit scheme.
Interest paid
In this FD scheme, you can invest up to Rs 2 crore in FD. Apart from this, under this scheme, the customer can choose the tenure of the interest rate himself, that is, the customer can choose when the interest should be paid between monthly, bi-monthly and half yearly. The most special thing about this FD scheme is that you can also get the facility of loan in it.
How to apply for this?
In this scheme of State Bank of India, you can apply online as well as offline. To apply offline, you will have to go to any branch of State Bank. To apply online, you can also invest in this scheme through netbanking and SBI Yono app.
Not only this, State Bank of India has also launched a special term deposit scheme named WeCare. Under this scheme, an extra interest of 50 basis points is given on fixed deposits for a period of more than 5 years.
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