Fixed Deposit: SBI’s 400 day special FD scheme, getting 7.60% interest

Fixed Deposit: State Bank of India (SBI), the largest public sector lender, is offering a special fixed deposit (FD) scheme of 400 days to its customers.
This scheme is ‘SBI Amrit Kalash’. Under this scheme, the bank is offering 7.10% interest on 400 day FD to its general customers and 7.60% interest to senior citizen customers. Under this scheme you can invest up to Rs 2 crore. Let us know about this scheme in detail.
The bank extended the deadline for the second time
Let us tell you that the bank had launched this scheme on 12 April 2023. While launching, the bank had kept its deadline as 30th June. However, seeing the popularity of this scheme, the bank once again extended its deadline till August 15. In this series, the bank has once again given a chance to its customers and has extended its deadline till 31st December.
This document is required to open an account
Under SBI’s Amrit Kalash Special FD Scheme, any citizen of 19 years of age or above can open an account. If you want to open your account offline i.e. by going to the bank, then for this you will need Aadhar card, ID proof, age proof, income proof, registered mobile number and passport size photo.
SBI regular FD rate
On the other hand, State Bank of India is offering its customers 3% on FD of 7 days to 45 days, 4.50% on FD of 46 days to 79 days, 5.25% on FD of 180 days to 210 days, 5.25% on FD of 180 days to 210 days. Used to be. From 211 days to 1 year. It is offering 5.75% interest on FD of less than 1 year, 6.80% interest on FD of 1 year to less than 2 years, 7% interest on FD of 2 years to less than 3 years and 6.50% interest on FD of 3 years. Is. Up to 10 years. Is.
Disclaimer: The information given here is only about the performance of the stock or the bank, it is not an investment advice. Investing in the stock market is subject to risk and please consult your advisor before investing.