highlights
SBI launched the special FD program “Amrit Kalash Yojana” on February 15th.
This 400-day program is available until March 31, 2023.
Seniors get 7.6 percent interest and regular investors get 7.1 percent interest.
New Delhi. If you have a fixed deposit at the bank at a better interest rate (bank fixed deposit) If you are thinking of getting the largest state bank in the country SBI gives you good chances. The State Bank of India is offering 7.1% interest on its new FD program “Amrit Kalash”. At the same time, seniors receive 7.6 percent interest. However, you can only use this program until March 31, 2023.
SBI launched this special FD program on February 15th and it will be available until March 31st, 2023. This new fixed deposit system is valid for a period of 400 days.
Also read this – Super Duper Yields are also available on FD, clients can take advantage of more than 8% interest, this is the right opportunity
How much interest is earned on FD of 1 lakh in 400 days?
In a tweet, SBI said, “Offering “Amrit Kalash Deposit” to domestic and NRI clients with attractive interest rates with a 400-day term.” Making an FD in this special program, ordinary investors will receive in a 400-day period for a deposit of Rs 1 lakh, the total interest is Rs 8,017, while for seniors this amount is Rs 8,600.
how to apply
In this program, which began February 15, 2023, FD can be done until March 31, 2023. Under the program, ordinary people receive 7.10 percent and seniors 7.60 percent interest. At the same time, the bank’s employees and pensioners will receive 1 percent more interest. You can apply for FD by visiting any branch of State Bank of India. Apart from that, sitting at home can also invest through SBI YONO app.
The SBI Amrit Kalash program is very beneficial for those who want to invest their money somewhere for a period of 1 to 2 years. Seniors also get strong returns by investing in it.
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Tags: Bank FD, fixed deposits, Tips for making money, save money, SBI bank
FIRST RELEASED : February 21, 2023 10:57 am IST