SBI FD Schemes: Do you want to invest your large savings in safe and profitable investments, then some special FD schemes of the State Bank of India (SBI) can be perfect for you.
In these schemes, you can get good returns by investing a large amount. Let us know about these special schemes in detail.
SBI Amrit Kalash FD Scheme
SBI has launched a special FD scheme called Amrit Kalash Yojana. The last date to invest in this scheme is 30 September 2024. The duration of this FD is 400 days and you are getting 7.10 percent interest in it.
In this scheme, you get guaranteed interest and you can choose to take interest quarterly, monthly, or half-yearly. If you withdraw money before maturity in this scheme, then 0.5 to 1 percent interest will be deducted.
Maturity period: 400 days
Interest rate: 7.10 percent
SBI WeCare FD Scheme
SBI’s WeCare FD scheme is also quite popular. In this, you get a good interest rate. In this scheme, senior citizens get 0.5 percent additional interest.
At present, you are getting 7.50 percent interest on investing in this FD scheme. Investment can be made in this FD scheme for a minimum of 5 years and a maximum of 10 years.
Maturity period: 5 to 10 years
Interest rate: 7.50 percent
SBI Amrit Varsha FD Scheme
State Bank of India has launched an FD scheme named ‘Amrit Varsha’. The duration of this scheme is 444 days. At present, the bank is giving 7.25 percent interest on it.
In this scheme also, senior citizens get the benefit of 0.50 percent additional interest. A maximum of Rs 3 crore can be invested in this FD scheme.
Maturity period: 444 days
Interest rate: 7.25 percent
Maximum investment: Rs 3 crore
SBI Sarvottam FD Scheme
SBI Sarvottam FD scheme provides more interest than many government schemes. The special thing about this scheme is that it is only for 1 or 2 years. That is, this scheme is very good for depositing a large amount in a short time.
In this scheme, the customer gets 7.4 percent interest. At the same time, senior citizens are given 7.60 percent interest.
Maturity period: 1 to 2 years
Interest rate: 7.4 percent
The interest rate for senior citizens: 7.60 percent
Apart from these schemes, SBI has many other FD schemes. You can choose the best scheme according to your needs and budget.