If you want to put your money in a safe place for a short time, you might like SBI’s Amrit Kalash Scheme for 400 days.
It’s like putting your money in a special bank account that gives you more money back, especially if you keep it there for a short time. But you have to decide before December 31st if you want to do this.
How much extra money will you get?
With this special plan from SBI, regular people get 7.10% more money, and older people get even more—7.60%! That’s better than other bank plans.
You can put in up to Rs 2 crore, and after 400 days (that’s 1 year and 35 days), you’ll get your money back with extra.
This special plan started on April 12, 2023, and it’s only available for a short time.
Both people who live here and people from other countries can put their money in this plan.
How can you put your money in?
You can put your money in this special plan by going to the bank or doing it on the internet. Use net banking or the SBI YONO app.
If you need your money before the time is up, or if you want to borrow some money, you can do that too.
Other plans in the bank
If you don’t like this special plan, SBI has other plans too. The interest changes depending on how long you keep your money in the bank.
Older people get even more interest—0.50% more on all plans, and 1% more if they keep the money for more than 5 years but less than 10 years. That’s 7.50% interest for them!
