SBI Amrit Kalash: If you are looking for safe investment, then SBI Amrit Kalash FD Scheme can be a best option for you. This special fixed deposit (FD) scheme is available for investment till 31 March 2025
SBI Amrit Kalash: If you are looking for a safe investment, then SBI Amrit Kalash FD Scheme can be a best option for you. This special fixed deposit (FD) scheme is available for investment till March 31, 2025. SBI’s scheme is offering attractive interest for 400 days. This scheme can be especially beneficial for senior citizens.
Interest rates and investment information
Investors will get an interest of 7.10% per annum in SBI Amrit Kalash FD Scheme, while for senior citizens this rate will be 7.60% per annum. With a period of 400 days, this scheme promises to give stable and safe returns to investors. This scheme is ideal for those who want to make safe savings through low-risk investments.
Return on investment
If you invest Rs 1 lakh, then general investors will get interest of Rs 7,100 in 400 days. Senior citizens will get interest of Rs 7,600. If Rs 10 lakh is invested, then general investors will get interest of about 5,916 every month. Senior citizens will get interest of about Rs 6,333 every month.
Last date of the scheme
SBI has extended the last date of Amrit Kalash FD Scheme several times. Now 31 March 2025 is being considered as its final deadline.
Interest payment and investment process
In this scheme, the option of interest payment is given on monthly, quarterly or half-yearly basis.
On maturity, interest is deposited in the investor’s account after TDS deduction.
Investment can be made in this FD by visiting SBI YONO app or nearest SBI branch. Read all the documents related to the scheme carefully before investing. The terms and conditions of the scheme are subject to change, so check the official website of SBI or contact the bank branch for latest information.
DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at informalnewz@gmail.com
