The two top-performing fixed deposit (FD) schemes from India’s largest government bank, SBI (State Bank of India), are set to end on March 31. These are exclusive FD offerings from SBI. The Amrit Vrishti scheme has a term of 444 days, while the Amrit Kalash scheme lasts for 400 days.
Through these two FD schemes, SBI is providing the best interest rates to its customers. Both schemes will wrap up on Monday, March 31, right when the bank closes for the day.
Amrit Vrishti FD Scheme
The Amrit Vrishti Special FD Scheme from SBI spans 444 days. For this scheme, regular customers receive an interest rate of 7.25%, while senior citizens benefit from a higher rate of 7.75%.
Amrit Kalash FD Scheme
The Amrit Kalash Special FD Scheme has a duration of 400 days. In this scheme, general customers earn an interest rate of 7.10%, and senior citizens enjoy a rate of 7.60%.
SBI offers FD options ranging from 7 days to 10 years
With these two special FD schemes from SBI, you can invest up to Rs 3 crore. It’s worth noting that SBI allows fixed deposits for terms between 7 days and 10 years, with interest rates varying from 3.50% to 7.75% (the latter being the rate for senior citizens under the Amrit Vrishti scheme). If you’re looking to maximize your earnings with SBI’s special FD offerings, you only have a few days left to take advantage of them.