highlights
The Amrit Kalash Fixed Deposit Scheme was relaunched from April 12th to June 30th.
Under this scheme, you can invest in fixed deposits for 400 days.
Under this program, ordinary citizens earn 7.10 percent interest.
New Delhi. State Bank of India resumed Amrit Kalash Fixed Deposit Scheme for its clients from April 12th to June 30th. Existing customers as well as all account holders can benefit from this offer. The Amrit Kalash Fixed Deposit Scheme allows you to invest in Fixed Deposit for 400 days.
The Amrit Kalash Fixed Deposit Scheme earns ordinary citizens 7.10 percent interest. At the same time, seniors are offered an interest rate of 7.60 percent. After registration in this system, interest is paid in the first, third and sixth months.
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A loan facility is also available under this program
Let us inform you that the early withdrawal option is also available in the Amrit Kalash Fixed Deposit Scheme. In addition, the customer can also take out a loan against this fixed deposit and TDS will be deducted from the interest received according to the Income Tax Act. The scheme applies to both domestic retail fixed deposits and NRI fixed deposits for amounts less than Rs.2 crore. Fixed deposits and special fixed deposits are also available to account holders.
The scheme will be closed again after June 30th
The Amrit Kalash Fixed Deposit Scheme can be claimed until June 30th. After that, the scheme is closed. This program is a great opportunity for those who want to invest their money for a fixed term while earning a higher interest rate than regular savings accounts. Existing account holders can also take advantage of this scheme by renewing their old deposits.
was closed on March 31st
State Bank Amrit Kalash Fixed Deposit Scheme used to be open from February 15, 2023 to March 31, 2023. Explain that SBI has extended the Amrit Kalash Fixed Deposit Scheme as well as the VCare Senior Citizen FD Scheme until June 30, 2023. This program was first launched in May 2020.
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FIRST RELEASED : May 1, 2023 at 7:30 p.m. IST
