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.