Saving money in a fixed deposit is a safe way for people to save. The State Bank of India, which is a big bank in our country, has a special fixed deposit plan called SBI Amrit Kalash FD Scheme.
This plan gives good benefits to customers, like a good interest rate. The last day to join this scheme is 31 March 2024, and the bank hasn’t said if they’ll extend it.
So, if you want to join, you need to do it soon because there are only 20 days left.
The SBI Amrit Kalash Scheme started on 12 April 2023. It offers a 7.1% interest rate for regular customers who invest for 400 days.
Before, the deadline was 31 December 2023, but they extended it to 31 March 2024. If you’re interested, you only have 20 days left to join.
Senior citizens get even more benefits. For the 400-day fixed deposit, they get a higher interest rate of 7.60%.
The bank puts the interest in your account after taking some tax from it. The tax depends on how much you earn. With the Amrit Kalash Scheme, you can invest up to Rs 2 crore.
If you want to join the SBI Amrit Kalash Scheme, you can do it at your nearest SBI bank branch. You can also do it online through internet banking or the SBI Yono app