SBI Amrit Kalash FD Scheme: State Bank of India is one of the largest banks in the country, which offers attractive investment schemes for its customers. One of these schemes is SBI Amrit Kalash FD Scheme, which claims to give good returns with safe investment especially to senior citizens and common people. This scheme has been launched by SBI Bank especially for those citizens who want to invest for a fixed period and are looking for safe returns.

So if you are looking for a good investment plan where you can get good returns, then you must get information about this scheme, this scheme may prove to be a good option for you. If you want to get detailed information about SBI Amrit Kalash FD Scheme, then read our article in full.

What is SBI Amrit Kalash FD Scheme?

Amrit Kalash FD Scheme is a fixed deposit scheme launched by SBI Bank which has been specially launched for those who want good returns in a fixed period. This scheme provides investors the option of safe investment for a fixed period of 400 days. In this scheme launched by SBI Bank, the money of the investors is completely safe, as well as this scheme also provides more interest to the investors than normal FD.

Interest rate

Whenever we think of investing in a scheme, the first question that comes to our mind is how much interest will we get in it. So let us tell you that in SBI Amrit Kalash FD scheme, investors will get the benefit of attractive interest rates. Currently, in this scheme, an interest rate of 7.10% is given to common citizens while senior citizens get an interest rate of 7.60%. This interest rate is deposited directly to the investor’s account after TDS deduction on a monthly, quarterly or half-yearly basis.

Required Documents

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Electricity / Water Bill etc.
  • Bank Account Passbook
  • Mobile Number
  • Passport Size Photo

How to Open an Account?

If you like the interest rate and facilities of this scheme and now you want to invest in it, then you can go to any SBI bank near you and open an account and invest a certain amount. Apart from this, you can also invest in this scheme with the help of YONO banking app. Applying through YONO app becomes even easier because you do not need to go anywhere, you can open an account from your mobile sitting at home.