City
Epaper

SBI reintroduces Amrit Kalash special deposit scheme with 7.1% interest

By Lokmat English Desk | Updated: May 5, 2023 15:00 IST

Open in App
1 / 9
SBI Special FD Scheme: State Bank of India, the largest public sector bank in the country, has introduced a special FD scheme for its customers. The name of this scheme is SBI Amrit Kalash Yojana.
2 / 9
SBI is always launching new schemes for its customers. Now the bank has launched Amrit Kalash Yojana for the customers.
3 / 9
State Bank of India has launched a special FD scheme for its customers.
4 / 9
SBI Amrit Kalash Scheme is a benefit plan for general customers. The deadline for the scheme was to expire on March 31, but has now been extended to June 30. The bank has given information in this regard by issuing a notification.
5 / 9
Under this scheme, interest rate of 7.10 percent is being offered to customers in general category i.e. below 60 years of age.
6 / 9
At this time, the bank is offering an interest rate of 7.60 percent to senior citizens. The duration of this scheme is 400 days. You can invest 2 crores or less under this scheme.
7 / 9
Under this scheme of SBI, customers get the benefit of interest on monthly, quarterly, half-yearly basis. Along with this, after deducting TDS, the customer's maturity interest amount is added to the account. You can contact your nearest branch to open an account under this scheme.
8 / 9
In the 400-day tenure, the interest rate would fetch the customer an effective yield of 7.29 per cent if the interest is not withdrawn, and compounded quarterly, says the website.
9 / 9
State Bank of India offers interest rate between 3% to 7% to regular citizens for tenure ranging between 7 days to 10 years. For senior citizens, the interest rate offered is between 3.5% to 7.50% including an additional premium of 50 bps under ”SBI We-care” deposit scheme.
Tags: State Bank Of IndiaBank news
Open in App

Related Stories

NationalSBI Clerk Mains Result 2025 Will Be Released Soon on sbi.co.in; Check Steps To Download Result Here

NationalSBI Revises ATM Transaction Rules: Here’s Everything Customers Need to Know

NationalSBI Down: State Bank of India Customers Face Difficulty In Availing Mobile Banking, Fund Transfer Services

BusinessStock Market Opens Higher: Mukesh Ambani's Jio Financial Services Shares Jump 4% After Hitting 52-Week Low

NationalRBI Rule Change: Key Banking Regulations Set to Change from January 1, 2025

National Realted Stories

NationalJoyful Janmashtami celebrations light up Nainital; children shine in Krishna-Radha attire

NationalNarendra Modi only Prime Minister to visit Shri Krishna Janmabhoomi: Chief priest recalls historic moment

NationalWest Bengal: Janmashtami celebrations at ISKCON Mayapur, devotees immerse in devotion of Krishna

NationalArmy of spies: How ISI’s 2016 network infiltrated India’s security and social media

NationalB.Tech student dies by suicide in Sharda University, questions education system in note