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HomePersonal FinanceGood news for SBI customers! Investment deadline extended in Amrit Kalash FD

Good news for SBI customers! Investment deadline extended in Amrit Kalash FD

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In the information given on the website of SBI, it was told that the deadline for investment in Amrit Kalash FD has been extended to 30 September. Investors are getting interest up to 7.60 percent in this FD.

State Bank of India (SBI) has extended the deadline for investment in Amrit Kalash FD. Now retail investors can invest in this special FD till September 30, 2024. This is the highest interest paying FD of the bank. In this, 7.10 percent interest is being given to general investors and 7.60 percent interest to senior investors.

In the information given on the bank’s website, it was told that 7.1 percent interest is being given on 400 day FD of SBI. At the same time, 7.60 percent interest is being offered to senior citizens. The investment deadline in this scheme has been extended to September 30, 2024.

Premature withdrawal

In the information given on the website of SBI, it was told that the facility of premature withdrawal is also given in this FD. However, for this a penalty of 0.5 percent to 1 percent will have to be paid. In this FD, interest is paid monthly, quarterly and half yearly and on maturity.

Interest rate in SBI FD

State Bank of India is offering 3.5 percent to 7.1 percent interest on FD to general investors. At the same time, interest ranging from 4 percent to 7.50 percent is being offered to senior investors.

SBI FD Rates

  • 7 days to 45 days – 3.5 percent
  • 46 days to 179 days – 4.75 percent
  • 180 days to 210 days – 5.75 percent
  • From 211 days to less than 1 year – 6 percent
  • From 1 year to less than 2 years – 6.8 percent
  • 400 day FD – 7.1 percent
  • From 2 years to less than 3 years – 7 percent
  • From 3 years to less than 5 years – 6.75 percent
  • From 5 years to 10 years -6.5 percent
  • The bank is giving additional interest of 0.50 percent to senior citizens on all its FDs.
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Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 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 @ businessleaguein@gmail.com
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