FD (Fixed Deposit) is the first choice for secure investment. However, many people believe that they cannot accumulate a large fund by investing in FD, but this is not true. Today, we will tell you about some FD schemes from the largest public sector bank, the State Bank of India (SBI), where you can accumulate a large fund by investing.
1. SBI Amrit Kalash FD Scheme
State Bank of India has launched the Amrit Kalash Yojana Special FD Scheme, which is open for investment until 30th September 2024. The scheme offers a tenure of 400 days with an interest rate of 7.10%.
The scheme provides guaranteed interest, and investors can choose from quarterly, monthly, or half-yearly interest payment options. If a withdrawal is made before maturity, a penalty of 0.5% to 1% will be deducted.
- Maturity Tenure: 400 days
- Interest Rate: 7.10%
2. SBI WeCare FD Scheme
SBI’s WeCare FD Scheme is well-known for its high interest rates. It offers an additional 0.5% interest for senior citizens. Currently, the interest rate is 7.50%. Investment in this scheme must be made for a period between 5 to 10 years.
- Maturity Tenure: 5 to 10 years
- Interest Rate: 7.50%
अब SBI की नई ‘अमृत वृष्टि’ योजना में करें निवेश!
पाएं और भी ज्यादा रिटर्न्स!!
अधिक ब्याज दर के साथ!!!
7.75% प्रति वर्ष, निवासी वरिष्ठ नागरिकों के लिए!
7.25% प्रति वर्ष, NRI सहित अन्य सभी ग्राहकों के लिए!!
अवधि: 444 दिन
ऑफ़र 31 मार्च 2025 तक वैध। सहायता के लिये, 1800 1234 पर कॉल… pic.twitter.com/ALPTeXaqJA— State Bank of India (@TheOfficialSBI) July 31, 2024
3. SBI ‘Amrit Versti’ FD Scheme
SBI’s ‘Amrit Versti’ FD scheme offers a tenure of 444 days with an interest rate of 7.25%. Senior citizens also benefit from an additional 0.50% interest. The maximum investment allowed in this scheme is ₹3 crore.
- Maturity Tenure: 444 days
- Interest Rate: 7.25%
- Maximum Investment: ₹3 crore
Every New Beginning brings new hopes and new aspirations. We honour this spirit of growth and endless possibilities that empowers your dreams for a brighter future in 2025 and beyond.
SBI wishes everyone a very Happy New Year! Let’s make it a year to remember. #SBI… pic.twitter.com/J8QoPYwqbf
— State Bank of India (@TheOfficialSBI) December 31, 2024
4. SBI Sarvottam FD Scheme
The SBI Sarvottam FD scheme offers higher interest rates than many other government schemes. Its key advantage is a shorter tenure, making it ideal for those who want to accumulate a large fund quickly. The interest rate for this scheme is 7.4%, with 7.60% for senior citizens.
- Maturity Tenure: 1 to 2 years
- Interest Rate: 7.4%
- Interest Rate for Senior Citizens: 7.60%