Fixed Deposits: SBI’s 400 day special FD scheme, getting 7.60% interest

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Fixed Deposits: State Bank of India (SBI), the largest public sector lender, is offering 400 days special fixed deposit (FD) scheme to its customers.

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This scheme is ‘SBI Amrit Kalash’. Under this scheme, the bank is offering 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 Rs 2 crore. Let us know about this scheme in detail.

Bank extended the deadline for the second time

Let us tell you that the bank had launched this scheme on April 12, 2023. While launching, the bank had kept its deadline as 30th June. However, considering the popularity of this scheme, the bank had once again extended its deadline till August 15. In this series, the bank has once again given a chance to its customers and has extended its deadline till 31st December.

This document is necessary to open an account

Under SBI’s Amrit Kalash Special FD Scheme, any citizen of 19 years of age or above can open an account. If you want to open your account offline i.e. by going to the bank, then for this you will need Aadhar card, ID proof, age identity 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 211 days to 1 year. It is offering 5.75% interest on FDs of less than 1 year, 6.80% interest on FDs of 1 year to less than 2 years, 7% interest on FDs of 2 years to less than 3 years and 6.50% interest on FDs of 3 years to 10 years. Is.

Disclaimer: Only information about the performance of the share or bank is given here, it is not an investment advice. Investing in stock market is subject to risk and please consult your advisor before investing.

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