1. SBI Amrit Kalash Deadline

Amrit Kalash Yojana of the country’s largest public sector bank SBI is a special FD scheme. The last date to invest in it is 30 September 2024. The bank is giving 7.10% interest on it. This is a special scheme of SBI in which 7.10 percent interest is being given on FD of 400 days. According to the bank’s website, anyone can invest in Amrit Kalash Special Scheme with a period of 400 days and get guaranteed returns.

According to SBI Bank, investors of Amrit Kalash FD can get monthly, quarterly and half-yearly interest payment. According to the SBI website, if the money deposited in Amrit Kalash FD is withdrawn before 400 days of FD, the bank can deduct 0.50% to 1% less interest rate than the applicable rate as a penalty.

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2. SBI WeCare FD Scheme

SBI is currently offering the best interest on WeCare FDs in the SBI WeCare FD scheme. The bank gives 0.50% more interest to senior citizens on any FD than the general customer. SBI WeCare is getting 7.50% interest. Under the scheme, investment is made for a minimum of 5 years and a maximum of 10 years. These rates will be available on new and renewal FDs.

3. SBI ‘Amrit Vrishti’ FD Scheme

State Bank of India (SBI) has launched a special FD. The name of this new scheme of SBI is ‘Amrit Vrishti’. The new scheme has come into effect from July 15, 2024. Amrit Vrishti Yojana is offering an annual interest rate of 7.25% on deposits of 444 days. Apart from this, SBI will also give an additional 0.50% interest to senior citizens. Senior citizens are getting maximum interest. This special FD can be booked through bank branch, internet banking and YONO channel. You can invest up to Rs 3 crore in this FD.

4. SBI Best FD Scheme

SBI Sarvottam scheme is offering higher interest than PPF, NSC and post office savings schemes. The biggest advantage of this scheme of SBI is that it is a scheme for only one year and two years. That is, you can create a big fund in a short time. In SBI Sarvottam scheme, customers are getting 7.4 percent interest on 2-year deposits i.e. FD. This interest rate is for the general public. At the same time, senior citizens are getting 7.90 percent interest on this scheme.

At the same time, the general public is getting 7.10 percent and senior citizens are getting 7.60 percent interest on one-year investment. For senior citizens, the annual yield on 1-year Sarvottam deposit of more than Rs 15 lakh to Rs 2 crore is 7.82 percent. Whereas, the yield for two-year deposit is 8.14 percent. On bulk deposits of Rs 2 crore to Rs 5 crore, SBI is offering 7.77 per cent interest for 1 year and 7.61 per cent for 2 years to senior citizens.

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SBI Bank is running Sarvottam scheme for senior citizens. SBI is offering higher interest rate of 7.90% in Sarvottam scheme. However, there are many rules which investors have to fulfill. Money cannot be withdrawn prematurely in SBI Sarvottam scheme. These are non-callable schemes in which money cannot be withdrawn prematurely. If money is withdrawn prematurely, then a charge will have to be paid.

Interest on SBI Best FD Scheme

SBI’s Sarvottam plan is offering higher interest as compared to PPF, NSC and post office saving schemes. The biggest advantage of this SBI plan is that it is a scheme for one year and two years only. This means that you can create a big fund in a short time. In SBI Sarvottam plan, customers are getting 7.4 percent interest on 2-year deposit i.e. FD. This interest rate is for the general public. Whereas, senior citizens are getting 7.90 percent interest on this plan. Whereas, the general public is getting 7.10 percent and senior citizens are getting 7.60 percent interest on one year investment.

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Customers will get the benefit of compound interest

For senior citizens, the annual yield on the best 1-year deposit of Rs 15 lakh to Rs 2 crore is 7.82 percent. Whereas, the yield for two-year deposits is 8.14 percent. On bulk deposits of Rs 2 crore to Rs 5 crore, SBI is offering senior citizens 7.77 percent interest for 1 year and 7.61 percent for 2 years. Compound interest is available in this scheme.

You can invest this much money

In SBI Sarvottam scheme, customers can invest from a minimum of Rs 15 lakh to Rs 2 crore. This scheme is best for those who have retired and have money from PF fund. They can invest in this scheme of SBI. There is also an option to invest more than Rs 2 crore in it but the interest is 0.05 percent less. However, there is no information on the website about how long money can be invested in this scheme.

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