Fixed Deposit (FD) has always been a popular option among Indian investors. State Bank of India (SBI) has introduced a special plan for its customers, “Amrit Kalash FD Scheme”. This scheme is for investors who want safe and fixed returns. In this scheme, attractive interest rates are being given for a period of 400 days.
In the Amrit Kalash FD scheme, ordinary citizens get 7.10% per year and senior citizens get 7.60% per year interest. The scheme is available till 31 March 2025. Let us understand the complete information of this scheme in detail.
What is SBI Amrit Kalash FD Yojana?
Amrit Kalash FD Scheme is a special fixed deposit scheme introduced by SBI. This scheme is made keeping in mind the customers who want safe and high returns in a short time.
| Description | Acquaintance |
| Name of the scheme | SBI Amrit Kalash FD Scheme |
| Duration | 40 days |
| Interest rate for ordinary citizens | 7.10% per year |
| Interest rate for senior citizens | 7.60% per year |
| Minimum investment amount | ₹ 1,000 |
| Maximum investment amount | Less than ₹ 2 crore |
| Validity of the scheme | By 31 March 2025 |
The main features of the Amrit Kalash FD Scheme
- High interest rates: 7.10% for ordinary citizens and 7.60% interest rate for senior citizens.
- 400 days duration: This scheme is available for only 400 days.
- Safe Investment Options: Sbi was introduced by a trusted bank.
- Option of automatic renewal: Automatic renewal option available on maturity.
- Online and offline application: Customers can take advantage of this scheme through both bank branch or online platform.
Interest Rates on SBI Amrit Kalash FD Scheme
Below is comparative details of interest rates on various schemes of SBI:
| Duration | General citizen (interest rate) | Senior citizen (interest rate) |
| 7 days to 45 days | 3.50% | 4.00% |
| 46 days to 179 days | 5.50% | 6.00% |
| 180 days to 210 days | 6.25% | 6.75% |
| Amrit Kalash (400 days) | 7.10% | 7.60% |
| Less than 1 year | 6.80% | 7.30% |
| Less than 2 years | 7.00% | 7.50% |
Benefits of Amrit Kalash FD Scheme
General profit
- Safe investment: SBI is the largest public bank in India, so it is a reliable option.
- High returns: higher interest rate than other FD schemes.
- Flexibility: Can start investing from minimum ₹ 1,000.
Special benefits for senior citizens
- Additional 0.50% interest.
- Safe and fixed income source.
How to apply to Amrit Kalash FD Scheme?
Online application process
- Login on SBI’s official website or mobile app.
- Go to the “Fixed Deposit” section and choose “Amrit Kalash Scheme”.
- Fill the required details and pay.
Offline application process
- Go to the nearest SBI branch.
- Fill the fixed deposit form and submit the required documents.
- Pay and get the receipt.
Amrit Kalash FD Scheme vs other schemes
| Name of the scheme | Duration | General citizen (interest rate) | Senior citizen (interest rate) |
| Amrit Kalash FD Scheme | 40 days | 7.10% | 7.60% |
| Amrit Varsha FD Scheme | 444 days | 7.25% | 7.75% |
| Regular fd (up to 5 years) | Up to 5 years | 6.50% | 7.00% |
Why invest in Amrit Kalash FD scheme?
- Low risk: This scheme is powered by a government bank, so the risk in it is very low.
- Short period: High returns with a period of only 400 days.
- Ideal for senior citizens: high interest rate and safe income source.
Important things that keep in mind
- Only Indian residents can avail this scheme.
- The minimum investment amount is ₹ 1,000 and the maximum limit is less than ₹ 2 crore.
- It is necessary to withdraw maturity amount on time, otherwise it may be automatic renewal.
conclusion
SBI Amrit Kalash FD Scheme is a great option for those who want safe and fixed returns. This scheme is especially beneficial for investors who want to invest short -term.
Disclaimer
This article is written only for the purpose of providing information. Before taking any financial decision, seek expert advice or confirm the bank’s official information. Amrit Kalash FD Scheme is a fully genuine and SBI -recognized plan.
