SBI : India’s largest bank State Bank of India (SBI) has relaunched its Fixed Deposit scheme for domestic and NRI customers. SBI said that the SBI Amrit Kalash Deposit FD scheme for domestic and NRI customers comes with ‘attractive interest rates’ and has a tenure of 400 days. According to the bank’s website, the retail term deposit Amrit Kalash scheme is of 400 days. SBI Bank is paying 7.10 percent interest on Amrit Kalash Yojana.
Here are 10 important things about SBI Amrit Kalash Deposit FD Scheme
1. SBI Amrit Kalash Scheme is from 12.04.2023 to 30.06.2023. That is, customers can apply for it till 30 June 2023.
2. Period of FD: 400 days
3. Maximum Rs 2 crore can be deposited in Amrit Kalash Yojana.
4. Interest rate: 7.10% for general public. Also, senior citizens, employees and employee pensioners will get 0.50 percent more interest.
5. Payment of interest: In this, payment of interest is available every month, quarter, half year and year. TDS will be deducted on interest.
6. TDS: Tax will be levied as per Income Tax Act.
7. You can withdraw money from it before time.
8. Loan can be taken on this scheme.
9. These plans can be taken from Branch, Online and YONO.
10. No separate product code is required for depositing Amrit Kalash. SBI had earlier introduced for Amrit Kalash Deposit Ltd in February.
