SBI Amrit Kalash FD Scheme: This scheme of SBI will make you rich..! Deposit 1 lakh rupees and get funds worth crores of rupees

SBI Amrit Kalash FD Scheme: State Bank of India (SBI) is one of the largest and most trusted banks in the country, which offers attractive investment schemes to its customers. One of these schemes is SBI Amrit Kalash FD Scheme, which provides an opportunity for safe investment and good returns especially to senior citizens and common people. This scheme is for those investors who want to invest for a fixed period and are looking for assured returns.

What is SBI Amrit Kalash FD Scheme?

SBI Amrit Kalash FD Scheme is a special type of fixed deposit scheme which provides investors with the option of safe investment for a fixed period of 400 days. This scheme is especially attractive for senior citizens as it gives them a higher interest rate than normal FDs. In this scheme your money is completely safe and you get assured returns after a certain period.

Interest Rates and Returns

Investors get the benefit of attractive interest rates in SBI Amrit Kalash FD Scheme. Currently, this scheme offers an interest rate of 7.10% to common citizens, while senior citizens get an interest rate of 7.60%. This interest rate is deposited directly into your account after TDS deduction on a monthly, quarterly or half-yearly basis.

Loan and premature withdrawal facility

Loan and premature withdrawal facility is also available in SBI Amrit Kalash FD scheme. If an investor needs money before the maturity period, he can take a loan on this FD or break the FD prematurely. This makes this scheme more flexible and convenient. Apart from this, investors can invest up to a maximum of Rs 2 crore in this scheme. This high investment limit is beneficial for those who want to invest a large amount in a safe manner.

How to open an account?

Opening an account in SBI Amrit Kalash FD scheme is very easy. You can apply for this scheme by visiting the nearest SBI branch. Apart from this, you can also easily invest in this scheme with the help of Yono banking app. Applying through the YONO app makes the process even more convenient as you can avail the benefits of this scheme from the comfort of your home.