Anyone wishing to deposit in Amrit Kalash scheme can apply online at any branch of SBI or through SBI YONO mobile app.
If you prefer to invest in State Bank of India, then you can get good returns by investing in this scheme of SBI with an interest rate of 7.6 per cent. Because State Bank of India has extended its SBI Amrit Kalash scheme till 30th June. SBI says that the program was relaunched by the bank on April 12 and will be effective till June 30, 2023. The program will be applicable for NRI Rupee Fixed Deposits as well as Local Retail Fixed Deposits of less than Rs.2 crore.
Please tell that this is a unique scheme of 400 days from SBI. This retail term deposit program was earlier offered by the bank till March 31, 2023, with a fixed expiry date of February 15, 2023, but this special FD for the general public offers a rate of 7.1 per cent, while for senior citizens it is Rs. The scheme rate is 50 basis points (bps) higher at 7.6 per cent.
Can withdraw before time
In this scheme of SBI, customers will get payment of interest every month, three months and at intervals of 6 months. The interest earned on the special FD will be credited to the customer’s account after deducting TDS. Tax Deducted at Source (TDS) will be applied to the scheme at the rate permitted by the Income Tax Act. Along with this, the scheme will also have the facility of premature withdrawal and lending.
Loan facility available in this scheme
Anyone wishing to deposit in Amrit Kalash scheme can apply online at any branch of SBI or through SBI YONO mobile app. Apart from this, they can also apply for loan through “Amrit Kalash” special FD scheme. In this scheme, customers also have the option of premature withdrawal.
