SBI Amrit Kalash 400-day FD scheme vs SBI Amrit Vrishti 444-day FD scheme: There are many types of investment policies in the market. Today we are talking about two Fixed Deposit schemes from State Bank of India (SBI). One is SBI Amrit Kalash, here you can invest for 400 days. And another FD scheme is SBI Amrit Vrishti, where the investment period is 444 days. Which scheme is more profitable? Let’s find out the answer before you invest?
SBI Amrit Kalash 400-day FD scheme
SBI Amrit Kalash is a 400-day FD scheme in which general customers get a maximum interest of 7.10% on investment, while senior citizen customers get an additional 50 basis points i.e. up to 7.60%. Under this scheme, customers can deposit up to a maximum amount of Rs 2 crore. To invest in SBI Amrit Kalash FD Scheme, customers can visit any branch near them. For this, your Aadhaar card, PAN card, passport size photo, mobile number and email ID will be required. After this, you will get a form for this scheme from the bank, which will open your account only after filling it. The last date to invest in Amrit Kalash is March 31, 2025.
This FD is getting interest at the rate of 7.10% on a 400-day investment. At the same time, senior citizens are being given interest at the rate of 7.60%. If you invest Rs 3 lakh in this special FD, you will get a total of Rs 3,24,053 on maturity.
SBI Amrit Vrishti 444-day FD scheme
You can invest in the Amrit Vrishti FD Scheme with a tenure of 444 days. The interest rate for general citizens is 7.25 per cent and for senior citizens it is 7.75 per cent. Both domestic and NRI customers are eligible to invest in this scheme. You can invest in the Amrit Vrishti FD Scheme with a tenure of 444 days. The interest rate for general citizens is 7.25 per cent and for senior citizens it is 7.75 per cent. Both domestic and NRI customers are eligible to invest in this scheme.
If you are a senior citizen and are thinking of investing Rs 3 lakh, you will get an interest of Rs 29,789 with 7.75 percent rate and then you will get Rs 3,29,789 on maturity of Rs 3 lakh.