SBI FD Scheme: The two top-return FD schemes from the nation’s largest government bank – SBI (State Bank of India) will be ending on March 31. Both of these are unique FD plans from SBI. SBI’s Amrit Vrishti plan is a unique fixed deposit scheme lasting for 444 days. In addition to this, Amrit Kalash is another unique FD scheme lasting for 400 days. SBI is offering the maximum interest on fixed deposits to its clients via these two FD plans.
SBI Amrit Vrishti vs SBI Amrit Kalash
Both of these SBI schemes, which offer the highest FD interest rates, will end on Monday, March 31, when the bank closes for the day. SBI’s Amrit Vrishti Special FD Scheme is a 444-day program. Under this SBI scheme, regular customers receive an interest rate of 7.25 percent, while senior citizens benefit from a higher rate of 7.75 percent.
SBI’s Amrit Kalash Special FD Scheme has a duration of 400 days. Under this SBI scheme, regular customers receive an interest rate of 7.10 percent, whereas senior citizens are offered an interest rate of 7.60 percent.
More things you should know before making any decision
Under these two specific FD schemes of the State Bank of India, a maximum deposit of Rs 3 crore is allowed. We would like to inform you that FDs can be created in SBI for durations ranging from 7 days to 10 years. The nation’s biggest government bank is providing its clients interest on FDs between 3.50 percent and 7.75 percent (with senior citizens receiving the interest on Amrit Varshi).