SBI Schemes: Customers can invest in Amrit Kalash and WeCare FD schemes till September 30, 2024. The bank has extended its investment deadline.
SBI FD Scheme: Major government bank State Bank of India (SBI) has once again extended the last date to invest in its popular fixed deposit schemes Amrit Kalash Fixed Deposit (SBI Amrit Kalash FD) and SBI WeCare Fixed Deposit (SBI Fixed Deposit). Has increased from. That means there is very good news for people who are planning to get FD. The last date for investing in this scheme was March 31, 2024, which the bank has extended to September 30, 2024. This means that you can now invest money in these schemes in the next five months also.
What is the last date of investment in SBI Amrit Kalash SBI WeCare FD Scheme?
Customers can invest in Amrit Kalash and WeCare FD scheme till September 30, 2024. The bank has extended its investment deadline.
How much return are you getting? (SBI FD Interest Rate)
According to the official website of SBI, in this scheme of 400 days of Amrit Kalash, interest is being given at the rate of 7.10%. Under the scheme, senior citizens will get the benefit of additional 0.50% and they will get interest of 7.60% on the same investment. The interest rate in SBI WeCare FD scheme has been kept at 7.50%.
How much return will you get on an investment of Rs 5 lakh?
If you invest Rs 5 lakh in both these term deposit schemes, i.e. if you make an FD of Rs 5 lakh, then let us know what will be the total return.
SBI Amrit Kalash FD Calculator
If in this scheme, a regular customer will get Rs 5,39,612 on investment of 400 days or 13 months in terms of 7.10%. That means you will earn Rs 39,612 from interest in 13 months. If we look at the calculation of the interest rate of 7.60% given to senior citizens, then on an investment of Rs 5 lakh, senior citizens will get Rs 5,42,490 in 400 days, out of which the interest return will be Rs 42,490.
SBI WeCare FD Calculator
If you invest in WeCare FD, you will get a return of 7.50% on FD (Fixed Deposit) between 5 to 10 years. In this sense, you will get Rs 5,41,913 in this period. The total interest returned was Rs 41,913.