SBI Amrit Kalash Fixed Deposit Scheme Interest Rates February 2024

SBI Amrit Kalash FD scheme with up to 7.6 percent interest. Amrit Kalash Fixed Deposit Scheme for its customers from 12th April until 31 Dec 2024. This scheme is open for all account holders, including new and existing customers. Under this scheme, customers can invest in fixed deposits for 400 days and enjoy an interest rate of 7.10 per cent for all citizens except senior citizens, who will get an interest rate of 7.60 per cent.

Check Other – SBI Fixed deposit Interest Rates

Interest will be paid out in intervals of the first, third, and sixth months after the fixed deposit is made, and the facility of premature withdrawal is also available. Customers can also take loans against this fixed deposit, and TDS will be deducted from the interest earned as per the Income Tax Act.

The scheme is applicable to both Domestic Retail Term Deposits and NRI Rupee Term Deposits for amounts less than Rs.2 crore. The facility of term deposit and special term deposit is also available to account holders. The benefit of this scheme can be availed until June 30th, after which the scheme will be closed.

The specific tenor scheme of “400 days” (Amrit Kalash) at Rate of Interest of 7.10 % w.e.f. 12- April- 2024. Senior Citizens are eligible for rate of interest of 7.60%. The Scheme will be valid till 31-December-2024.