If you want to invest but do not want to take any risk, then Fixed Deposit (FD) is a very good option. All banks provide FD facilities to their customers. Many banks have also launched FD special schemes. State Bank of India (SBI) has launched a special Fixed Deposit (FD) scheme ‘Amrit Kalash’ for its customers. In this FD scheme, customers get the benefit of higher interest. Let us know about this FD scheme in detail.
SBI Amrit Kalash FD
Investment can be also very made in Amrit Kalash FD of government State Bank of India till date 31 March 2025. In this scheme, senior citizens are getting 7.60 percent interest on FD and common citizens are getting 7.10 percent interest. You can now invest in this amazing FD scheme for up to 400 days continuously . This is a special term deposit scheme designed for investors looking for good returns in a short time.
Investment up to ₹2 crore and interest payment option
In this FD scheme, you can get an FD of up to ₹2 crore. Apart from this, the customer himself chooses the interest payment period, that is, the customer chooses when the interest should be paid monthly, bi-monthly, and half-yearly. The special thing about this FD is that it also provides a loan facility, which makes it even more attractive.
Both online and offline options are available
You can apply to this scheme of SBI both online and offline. For offline applications, you have to go to the bank branch. At the same time, investment can also be made through online net banking and the SBI YONO app. This facility gives customers the option to apply at their convenience.
Other investment options
Apart from this great Amrit Kalash FD scheme, ‘Amrit Vrishti’ FD is also a very good scheme for investment for your future savings. This scheme pays an interest of 7.25 percent per annum. At the same time, senior citizens are given interest at the rate of 7.75 percent.
SBI’s ‘WeCare’ is also a special term deposit scheme. In this scheme, additional interest of 50 basis points is available on FDs of more than 5 years, which is beneficial for long-term investors.
