SBI Special FD scheme: If you are planning to invest in Fixed Deposit (FD) soon, then there is a scheme for you.
Read More: India’s Forex Reserves Hit An All-Time High Of $648.5 Billion
The country’s largest public sector lender, State Bank of India (SBI), has extended the deadline of its popular Amrit Kalash FD Scheme. The bank had earlier kept the deadline of this scheme valid till March 31, 2024. However, now the bank has extended it till September 30, 2024. This means that customers can now avail the benefits of this scheme for the next 6 months.
Up to 7.60% interest
SBI Amrit Kalash is a 400-day FD scheme in which general customers get a maximum interest of 7.10 percent on investment while senior citizen customers get an additional 50 basis points i.e. 7.60 percent interest.
Under this scheme, customers can deposit a maximum amount of Rs 2 crore. The State Bank of India first launched it on 12 April 2023.
SBI has extended its deadline several times. for the first time, its deadline was extended from June 23, 2023, to December 31, 2023. Later, the bank again extended it to March 31, 2024. Now again, the bank has extended the deadline for this special FD scheme till September 30, 2024.
How to invest in the SBI Amrit Kalash scheme
To invest in the SBI Amrit Kalash FD Scheme, customers can visit any branch nearest to them. Aadhaar card, PAN card, passport-size photo, mobile number, and email ID will be needed as documents.
Read More: SIP Investments Hit Record High Of Nearly Rs 20,000 Crore In March 2024
You will get a form for this scheme from the bank, only after submitting the filled form your account will be opened .
