State Bank of India (SBI) has re -launched its special Fixed Deposit (FD) scheme, SBI Amrit Kalash Scheme. The scheme offers investors the option of safe investment with high interest rates and flexibility. This scheme is specially made for those who want to protect their savings with better returns.
The biggest feature of this scheme is its 400 days period and attractive interest rates. This scheme is very beneficial not only for ordinary citizens but also for senior citizens. If you also want to take advantage of this scheme, then in this article we will give you complete information about it.
SBI Amrit Kalash Scheme 2025: Main point
A brief description of this scheme is presented in the table below:
| Name of the scheme | SBI Amrit Kalash Scheme 2025 |
| Tenure | 40 days |
| Interest Rate | General Citizen: 7.10%Senior Citizen: 7.60% |
| Minimum investment amount | ₹ 10,000 |
| Maximum investment amount | Less than ₹ 2 crore |
| Premature withdrol | Available (with fine) |
| Loan facility | Available |
| Validity of the scheme | By 31 March 2025 |
Benefits of SBI Amrit Kalash Scheme
Investing in this scheme give many benefits, which make it different from other Fixed Deposit schemes:
- High interest rates: This scheme provides better interest rates than normal FD schemes.
- Short term: It is ideal for short -term investment with a period of only 400 days.
- Premature withdrawal: The deposit amount can be withdrawn ahead of time if required.
- Loan facility: The option to take a loan on the deposit amount is available.
- Additional benefits for senior citizens: Senior citizens get additional 0.50% interest.
Who can apply?
There are the following eligibility criteria to apply in this scheme:
- Investor type:
- Indian resident
- Hindu undivided family (HUF)
- Minor (with guardian)
- NRI: Non-Resident Indians can also invest in this scheme through NRA account.
Required document
The following documents are required to apply in the scheme:
- Identification Proof: Aadhar Card, PAN Card, or Passport
- Address proof: Electricity bill, passport, or Aadhaar card
- Recent passport size photo
How to apply to SBI Amrit Kalash Scheme?
It is very easy to apply in this scheme. You can apply in the following ways:
- Going to SBI branch:
- Go to the nearest SBI branch.
- Fill the application form and submit the required documents.
- Deposit your deposit amount by cash, check, or online transfer.
- Through SBI YONO app:
- Download and login the SBI YONO app.
- Choose the “Fixed Deposit” option and click on “Amrit Kalash Scheme”.
- Fill the required details and complete the payment process.
- Internet banking:
- Login on the official website of SBI.
- Choose the option “Fixed Deposit” and select “Amrit Kalash Scheme”.
- Fill the form and pay online.
SBI Amrit Kalash Scheme vs other fd schemes
In the table below, SBI Amrit Kalash Scheme is compared to other FD schemes:
| Name of the scheme | Duration | General interest rate | Senior civil interest rate |
| SBI Amrit Kalash | 40 days | 7.10% | 7.60% |
| SBI WeCare FD | 5 years or more | 6.20% | 6.70% |
| Regular fd | 1 year – 10 years | 5.70% – 6.30% | 6.20% – 6.80% |
Taxation and return
- TDS is applied under the Income Tax Act, 1961 on the interest earned from this scheme.
- Senior citizens get tax exemption to some extent under Section 80TTB.
Is this plan right for you?
If you want to invest short -term and get high returns, this scheme can be a great option for you. It is supported by a trusted institution like SBI and includes both security and flexibility.
Disclaimer:
This article is written only for the purpose of giving information. Please consult your financial advisor before investing. “SBI Amrit Kalash Scheme” is a real plan and is introduced by SBI. Its last date has been extended till 31 March 2025.
