SBI will increase the deadline for investing in Amrit Kalash, which gives the highest returns?

SBI will increase the deadline for investing in Amrit Kalash, which gives the highest returns?

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State Bank of India is running a special FD scheme Amrit Kalash to give more returns to its investors. But, the last date to invest in Amrit Kalash FD is August 15, 2023. Investors have only a few hours left to book the FD to get the highest interest rate on this FD scheme. At the same time, there is a possibility of increasing the deadline of FD scheme.

State Bank of India i.e. SBI had relaunched its Amrit Kalash Deposit Scheme in April 2023 with a special tenure of 400 days. After this, the bank had extended the investment deadline from June 30 to August 15. In such a situation, if you want to take advantage of the high interest rate and other benefits available in this FD scheme, then there is little time left to book Amrit Kalash FD today itself. One can also apply online for investment in FD and can also invest offline by visiting SBI Bank branch.

Amrit Kalash Interest Rate and Investment Eligibility

As per the State Bank of India, one can invest in SBI Amrit Kalash Deposit Scheme with a tenure of 400 days. However, investors can invest less than 2 crores in Amrit Kalash FD. According to SBI, 7.10 percent interest rate will be given to common citizens investing in Amrit Kalash Deposit Scheme, while 7.60 percent interest rate will be given to senior citizens.

Bank will give interest like this, investors can take loan!

SBI Amrit Kalash FD offers investors interest payouts at monthly, quarterly and half-yearly intervals. On maturity of SBI Amrit Kalash, the interest amount will be added to the customer’s account after deducting TDS. Amrit Kalash Deposit also includes Premature and Loan facilities.

Interest rates on other fixed deposit schemes of SBI

SBI gives investors the opportunity to invest in FDs for tenures ranging from 7 days to 10 years. Regular citizens are offered an interest rate ranging between 3% to 7% for tenures ranging from 7 days to 10 years. At the same time, interest rate between 3.5% to 7.50% is given under SBI V-Care Deposit Scheme for senior citizens including 0.50% additional interest rate.

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