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SBI Special FD: State Bank of India’s special FD with high interest rate will expire tomorrow, know details

SBI Special FD: State Bank of India’s Amrit Kalash Deposit Scheme is going to end tomorrow (Friday, March 31, 2023). The country’s largest lender State Bank of India (SBI) had launched a specific tenure scheme of 400 days (Amrit Kalash) in February.

Mentioning this on its website, SBI said, ‘The bank has also introduced a specific term scheme of ‘400 days’ (Amrit Kalash) at an interest rate of 7.10% with effect from February 15, 2023. Senior citizens are eligible for an interest rate of 7.60%. This scheme will be valid till 31-31- March-2023.

SBI Amrit Kalash Deposit Scheme Interest Rate

Amrit Kalash Deposit, which will offer an interest rate of 7.6 per cent to senior citizens and 7.1 per cent to others.

SBI Amrit Kalash Deposit Scheme Tenure

The new FD scheme is for a period of 400 days.

interest paid

Special FD – On Maturity

Amrit Kalash Deposit Scheme TDS

TDS will be applicable rate as per Income Tax Act.

Premature withdrawal

Loan facility will also be available before time and on the new Amrit Kalash deposits.

SBI FD Interest Rates

In case of other FDs, the interest rates offered by the bank now range between 3 to 7 per cent for regular citizens and 3.5 to 7.5 per cent for senior citizens. These rates are effective from 15 February 2023.

Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap has over 3 years of experience in writing finance content, entertainment news, cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @insuranceindiaain@gmail.com
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