SBI Amrit-Kalash: Special FD scheme with high interest rates

State Bank of India (SBI) is offering a special fixed deposit (FD) scheme called Amrit-Kalash. This scheme offers an interest rate of 7.60% per annum for senior citizens and 7.10% per annum for others. The tenure of the scheme is 400 days, and the maximum amount that can be invested is Rs. 2 crore.

The Amrit-Kalash scheme is a good option for investors who are looking for a high-interest FD with a short tenure. The interest rate offered by this scheme is higher than the rates offered by other banks on similar schemes. Additionally, the scheme is available to all investors, including senior citizens.

The last date to invest in the Amrit-Kalash scheme is August 15, 2023. Investors can invest in the scheme online or offline. To invest online, you can use SBI's NetBanking or YONO app. To invest offline, you can visit any SBI branch.

If you are looking for a high-interest FD with a short tenure, then the SBI Amrit-Kalash scheme is a good option for you. However, before you invest, you should compare the interest rates offered by other banks on similar schemes.

Here are some of the key features of the SBI Amrit-Kalash scheme:

Interest rate: 7.60% per annum for senior citizens and 7.10% per annum for others

Tenure: 400 days

Maximum amount that can be invested: Rs. 2 crore

Available to all investors, including senior citizens

Last date to invest: August 15, 2023

How to invest in the SBI Amrit-Kalash scheme:

You can invest online using SBI's NetBanking or YONO app.

You can invest offline by visiting any SBI branch.

To invest online:

Log in to your SBI NetBanking or YONO app account.

Click on the "Fixed Deposit" option.

Select the "Amrit-Kalash" scheme.

Enter the amount you want to invest.

Select the mode of interest payment.

Click on the "Submit" button.

To invest offline:

Visit any SBI branch.

Ask for a form for the Amrit-Kalash scheme.

Fill in the form and submit it along with the required documents.

Make the payment