SBI will extend the deadline to invest in Amrit Kalash, which gives the highest returns?

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State Bank of India is running a special FD scheme Amrit Kalash to give more profits to its investors. But, the last date for investment in Amrit Kalash FD is 15 August 2023. Investors have only a few hours left to book FD to get the highest interest rate on this FD scheme. At the same time, the possibility of extending the deadline of the FD scheme is also being expressed.

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State Bank of India ie SBI had re-launched its Amrit Kalash Deposit Scheme with a special tenure of 400 days in April 2023. After this, the bank had extended the investment deadline from June 30 to August 15. In such a situation, if you want to take advantage of the higher interest rate and other benefits available in this FD scheme, then there is less time left to book Amrit Kalash FD today itself. One can also apply online for investment in FD and can also invest offline by visiting SBI Bank branch.

Amrit Kalash Interest Rate and Investment Eligibility

According to the State Bank of India, anyone can invest in the SBI Amrit Kalash Deposit Scheme with a tenure of 400 days. However, investors can invest less than 2 crores in Amrit Kalash FD. According to SBI, 7.10 percent interest rate will be given to ordinary citizens investing in Amrit Kalash Deposit Scheme, while 7.60 percent interest rate will be given to senior citizens.

Bank will pay interest like this, investors can take loan

SBI Amrit Kalash FD offers interest payouts at monthly, quarterly and half-yearly intervals to the investors. On maturity of SBI Amrit Kalash, the interest amount after deducting TDS will be added to the customer’s account. Premature and loan facilities are also included in Amrit Kalash Deposit.

Interest rates on other fixed deposit schemes of SBI

SBI gives investors the opportunity to invest in FDs on tenure ranging from 7 days to 10 years. Regular citizens are offered an interest rate ranging between 3% to 7% for tenures ranging from 7 days to 10 years. At the same time, under SBI V-Care Deposit Scheme for senior citizens, interest rate between 3.5% to 7.50% is given including 0.50% additional interest rate.

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