Read on the application
Fixed Deposit: State Bank of India (SBI), the largest public sector lender, is offering a 400-day special fixed deposit (FD) scheme to its customers. This scheme is ‘SBI Amrit Kalash’. Under this scheme, the bank offers 7.10% interest on 400 day FD to its general customers and 7.60% interest to its senior citizen customers. Under this scheme you can invest up to 2 crore rupees. Let’s know about this plan in detail.
The bank extended the deadline for the second time
Let us tell you that the bank launched this scheme on 12 April 2023. At the time of the launch, the bank had set its closing date as June 30. However, considering the popularity of the scheme, the bank once again extended its deadline till August 15. In this series, the bank has once again given an opportunity to its customers and extended the deadline till December 31.
This document is required to open an account
Under SBI’s Amrit Kalash Special FD Scheme, any citizen aged 19 years or above can open an account. If you want to open your account offline i.e. by going to the bank, for that you will need Aadhaar 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 offers its customers 3% on FDs of 7 days to 45 days, 4.50% on FDs of 46 days to 79 days, 5.25% on FDs of 180 days to 210 days, 5.25% on FDs of Rs. 211 days to 1 year. It offers 5.75% interest on FDs less than 1 year, 6.80% interest on FDs less than 1 year 2 years, 7% interest on FDs less than 2 years and 6.50%. Interest on FD from 3 years to 10 years.
DISCLAIMER: Here is only information about share or bank performance, it is not investment advice. Investment in stock market is subject to risk and please consult your advisor before investing.