Business News Desk – State Bank of India (SBI), the country’s largest government bank, has given a gift to crores of its customers. The government bank has extended the investment deadline in its 2 schemes. Recently SBI has launched Amrit Vrishti Yojana, in which the investment deadline has been extended to March 31, 2025. Apart from this, the investment period in SBI’s SBI Amrit Kalash Scheme has also been extended till March 31, 2025. Earlier the deadline for investment in this scheme was 30 September. Know here the advantages and disadvantages of both the schemes.
SBI Amrit Kalash is getting 7.60% interest
Amrit Kalash Yojana of the country’s largest government bank SBI is a special FD scheme. The last date for investing in this was 30 September 2024, which has been extended to 31 March 2025. The bank is giving 7.10% interest on it. Senior citizens are getting 7.60 percent interest on this scheme. This is a special scheme of SBI in which more interest is being given than normal FD in a period of 400 days. According to the bank’s website, any person can get guaranteed returns by investing in Amrit Kalash Special Scheme with a tenure of 400 days. According to SBI Bank, Amrit Kalash FD investors can get monthly, quarterly and half yearly interest payments. According to SBI website, for withdrawing money in Amrit Kalash FD before the period of 400 days, the bank can deduct 0.50% to 1% less interest rate from the applicable rate as penalty.
SBI ‘Amrit Vrishti’ FD Scheme
State Bank of India (SBI) has launched special FD. The name of this new scheme of SBI is ‘Amrit Vrishti’. The new scheme has come into effect from July 15, 2024. Amrit Vrishti Yojana is offering an annual interest rate of 7.25% on deposits of 444 days. Apart from this, SBI will also give 0.50% additional interest to senior citizens. Senior citizens are getting the highest interest. This special FD can be booked through bank branch, internet banking and YONO channel. A maximum of Rs 3 crore can be invested in this FD. Investments can also be made in this scheme till March 25, 2025.
