State Bank of India (SBI) has launched a new FD scheme for its customers, namely SBI Amrit Kalash Deposit FD. The specialty of this scheme is that in this, customers are getting 7.60 percent interest on FDs of only 400 days.
SBI is giving 7.60 percent interest on this scheme to senior citizens. At the same time, the common customer is getting 7.10 percent interest on it. SBI is offering good interest to customers under Amrit Kalash Deposit in a short period of time. Customers have time till March 31, 2023 to take advantage of this FD.
SBI gave information
State Bank of India has informed its customers about this by tweeting. The bank has written in its tweet that take advantage of the attractive interest rates, Amrit Kalash Deposit Scheme in 400 days time.
These are the interest rates
After increasing the repo rate by the Reserve Bank of India (RBI), most of the banks have increased the interest on FDs. RBI has increased the repo rate by 2.50 percent since May 2022 till now. After this, most all the banks have increased the interest on FD. SBI has also increased the interest rates on most FDs. According to SBI’s website, these new rates are applicable from February 15.
Interest rates on SBI FD
Common customers will get 3% to 7.1% interest on SBI’s FD between 7 days to 10 years. Senior citizens get an additional interest of 50 basis points (BPS) basis point on all these FDs. These rates have come into effect from 15 February 2023. Not only this, the bank is giving 7.1 percent interest to the general public on 400 days FD Amrit Kalash.
7 days to 45 days – 3%
46 days to 179 days – 4.5%
180 days to 210 days – 5.25%
211 days to less than 1 year – 5.75%
1 year to less than 2 years – 6.8%
400 days (Amrit Kalash FD Scheme) -7.10%
2 years to less than 3 years – 7.00%
3 years to less than 5 years – 6.5%
5 years and up to 10 years – 6.5%
