Amrit Kalash is a Special Retail Term Deposit Scheme. One has to invest in this fixed deposit scheme for 400 days. In this scheme, customers get the benefit of interest at the rate of 7.10%.
If you are also a State Bank of India (SBI) customer, then only 2 weeks are left for you. Today till August 15, you can get the highest interest on Special Fixed Deposit (FD) scheme Amrit Kalash. The scheme is ending on August 15 after several previous extensions. Under this scheme, 7.10% interest per annum is given to general customers. At the same time, senior citizens are given a strong interest of 7.60% on FD. If you want to take advantage of this scheme, then you can go to the bank or get a fixed deposit done with the help of Yono app.
Know what is this special term deposit
Amrit Kalash is a Special Retail Term Deposit Scheme. One has to invest in this fixed deposit scheme for 400 days. In this scheme, customers get the benefit of interest at the rate of 7.10%. Senior citizens get an interest of 7.60%. In this, a maximum FD of Rs 2 crore can be made. Under Amrit Kalash scheme, you are paid interest every month, every quarter and every half year. You can decide the payment of FD interest as per your convenience.
You can also invest through Yono app.
Explain that this scheme is available on both online and offline mediums. If you want, you can take advantage of this scheme by visiting the branch of the bank. On the other hand, if you have registered on SBI YONO app, then you can get FD done by going to the investment section of this app.
SBI ‘WeCare’ scheme will be available till 30 September
There is also another scheme of SBI in which you can get huge benefits by investing. This scheme is the special term deposit (FD) scheme ‘WeCare’, the last date of which has also been extended by the bank till 30 September. In this scheme of SBI, senior citizens will get an additional interest of 50 basis points on deposits (FD) of 5 years or more. Senior citizens get 0.50% more interest than the general public on retail term deposits of less than 5 years. On the other hand, under the ‘WeCare Deposit’ scheme, 1% interest will be given on FDs of 5 years or more.
