Fixed Deposit (FD) is still considered the most popular option among Indian customers to invest their savings safely. By investing in FD, customers get guaranteed income after a certain period. If you are also planning to invest in FD in the near future, then this news is for you. In fact, the country’s largest public sector lender State Bank of India (SBI) is giving its customers an opportunity to invest in its most popular scheme Amrit Kalash till September 30. Under this scheme, customers are getting better interest than normal HD. Let us know in detail about Amrit Kalash FD Scheme.
Up to 7.60% interest is available in this scheme
SBI Amrit Kalash is a 400 days FD scheme in which general customers get 7.10% interest on investment. Whereas senior citizen customers get additional interest up to 50 basis points i.e. 7.60 percent. Under this scheme, customers can deposit a maximum amount of up to Rs 2 crore. Let us tell you that SBI had launched this scheme last year on April 12, 2023.
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The deadline of the scheme has been extended
Let us tell you that this FD scheme is so popular that SBI had to extend its deadline several times. After the launch of this scheme, SBI for the first time read its deadline from June 23, 2023 to December 31, 2023. Later the bank again extended it to March 31, 2024. Once again the bank has extended the deadline of this special FD scheme to September 30, 2024.
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You can open your account in this way
To open an account under the special FD scheme of SBI, customers can go to any branch nearest to them. To open an account under SBI Amrit Kalash FD Scheme, you will need Aadhar Card, PAN Card, passport size photo, mobile number and email ID as documents. After this the bank will give you a form for this scheme, once filled, your account will be opened.
