State Bank of India's Amrit Kalash FD Scheme is ending on 31 March 2023.
State Bank of India started this special FD scheme on 15 February 2023. Let us know everything about this scheme.
The name of this Fixed Deposit Scheme of the State Bank of India is Amrit Kalash FD Scheme. This is an FD of 400 days.
The interest rate for the common citizen in SBI's 400-day Amrit Kalash FD Scheme is 7.10 percent.
Whereas for senior citizens, the State Bank of India offers a 7.60 percent interest rate under Amrit Kalash FD Scheme.
Let us tell you that the interest in SBI Amrit Kalash FD Scheme is calculated on the basis of quarterly compounding.
If a senior citizen invests Rs 5 lakh in this scheme, then after 400 days he will get a total of Rs 543002.
According to SBI FD Calculator, senior citizens will get forty-three thousand rupees (₹ 43000) as interest.
Let us tell you that the State Bank of India last changed the interest in General Fixed Deposit on 15 February.