SBI Bank : The country’s largest public sector bank, State Bank of India (SBI), has given a gift to its crores of customers. The government bank has extended the investment deadline in its 2 schemes.
Recently, SBI has launched the Amrit Vrishti Yojana, in which the investment deadline has been extended to 31 March 2025. Apart from this, the investment period in SBI’s SBI Amrit Kalash Yojana has also been extended to 31 March 2025. Earlier the investment deadline in this scheme was 30 September. Know the advantages and disadvantages of both the schemes here.
7.60% interest is available on SBI Amrit Kalash
Amrit Kalash Yojana of the country’s largest public sector bank SBI is a special FD scheme. The last date to invest in it was 30 September 2024, which has been extended to 31 March 2025. The bank is giving 7.10% interest on this. Senior citizens are getting 7.60 percent interest on this scheme. This is a special scheme of SBI in which more interest is being given than normal FD in 400 days.
According to the bank’s website, anyone can invest in Amrit Kalash Special Scheme with a period of 400 days and get guaranteed returns. According to SBI Bank, investors of Amrit Kalash FD can get monthly, quarterly and half-yearly interest payments. According to the SBI website, on premature withdrawal of money in Amrit Kalash FD before 400 days of FD, the bank can deduct 0.50% to 1% less interest rate than the applicable rate as a penalty.
SBI ‘Amrit Vrishti’ FD Scheme
State Bank of India (SBI) has launched a special FD. The name of this new scheme of SBI is ‘Amrit Vrishti’. The new scheme has come into effect from 15 July 2024. Amrit Vrishti Yojana is offering an annual interest rate of 7.25% on deposits of 444 days. Apart from this, SBI will also give an additional 0.50% interest to senior citizens. Senior citizens are getting maximum interest. This special FD can be booked through bank branch, internet banking and YONO channel. You can invest up to Rs 3 crore in this FD. Investment can also be made in this scheme till 25 March 2025.
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