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Home Personal Finance SBI Bank’s special Amrit Kalash scheme, 7.6% interest will be available on...

SBI Bank’s special Amrit Kalash scheme, 7.6% interest will be available on 400 days FD

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SBI Amrit Kalash FD Scheme: Less than 15 days are left to invest in the special FD scheme ‘Amrit Kalash’ of State Bank of India (SBI). You can invest in SBI Bank’s Amrit Kalash Scheme till 31 March 2024.

SBI Amrit Kalash FD Scheme: Less than 15 days are left to invest in the special FD scheme ‘Amrit Kalash’ of State Bank of India (SBI). You can invest in SBI Bank’s Amrit Kalash Scheme till 31 March 2024. The special thing about SBI’s ‘Amrit Kalash’ scheme is that it is offering 7.6 percent interest on FD for 400 days. Under SBI scheme, customers are getting more interest in less time.

SBI Amrit Kalash Scheme

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 According to SBI website, if the money deposited in Amrit Kalash FD is withdrawn before the period of 400 days, the bank can deduct 0.50% to 1% interest rate less than the applicable rate as penalty.

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