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HomeEconomySBI's Amrit-Kalash scheme ends on September 30: In this, senior citizens are getting 7.60%...

SBI's Amrit-Kalash scheme ends on September 30: In this, senior citizens are getting 7.60% and others are getting 7.10% annual interest

State Bank of India's (SBI) special fixed deposit (FD) scheme Amrit Kalash is ending on 30 September this month. Under this scheme, senior citizens are being given 7.60% interest on FD and others 7.10% annual interest. In this special fixed deposit scheme, investment has to be made for 400 days. In such a situation, if you want more interest on FD, then you can invest in this scheme. We are telling you about it. This special term deposit Amrit Kalash is a special retail term deposit i.e. FD. In this, senior citizens get an interest rate of 7.60% and common citizens get 7.10%. In this, a maximum FD of Rs 2 crore can be made. Under the Amrit Kalash scheme, you are paid interest per month, per quarter and every half year. You can decide the payment of FD interest as per your convenience. You can invest online or offline To invest in this scheme, you can visit the bank branch and invest. Investment can also be made through netbanking and SBI YONO app. Like regular FD, loan facility is also available on Amrit Kalash. You can also invest in Amrit Vrishti scheme State Bank of India (SBI) is also running another deposit scheme named 'Amrit Vrishti'. Under this scheme, 7.25% annual interest is being given on FD for 444 days. Senior citizens are being given interest at the rate of 7.75% per annum. You can invest in this scheme till 31 March 2025. You can also invest in SBI 'WeCare' scheme SBI is also running another special term deposit (FD) scheme 'WeCare'. In this scheme of SBI, senior citizens will get extra interest of 50 basis points on deposit (FD) of 5 years or more. Senior citizens get 0.50% more interest on retail term deposits of less than 5 years than the general public. Under the 'WeCare Deposit' scheme, senior citizens will get 1% more interest on FDs of 5 years or more than the general public. Accordingly, senior citizens are getting 7.50% interest on FDs for 5 years or more.

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