If you want to invest your money safe and good returns, then the Amrit Kalash Scheme of State Bank of India (SBI) was a great option for you. The scheme gained a lot of popularity in a short time as the interest rate received in it was higher than the common FD. Especially for senior citizens, this scheme was even more beneficial, as he received additional interest.
The SBI Amrit Kalash Scheme was a special fixed deposit scheme, which was available for limited time. Investing in it used to get attractive interest rate for 400 days. Interest rates were given up to 7.10% for ordinary citizens and 7.60% for senior citizens. The most important thing about this scheme was that it also had security, good returns and premature withdrawal facilities if it was needed.
SBI Amrit Kalash Yojana 2025: Overview Table
| Name of the scheme | SBI Amrit Kalash Scheme 2025 |
| Scheme type | Special assessment deposit (FD) |
| Interest rate (common citizen) | 7.10% per year |
| Interest Rate (Senior Citizen) | 7.60% per year |
| Investment period | 40 days |
| Minimum investment amount | ₹ 1,000 |
| Maximum investment amount | No limit (Bulk FD above ₹ 2 crore) |
| Application process | Branch, Yono App, Internet Banking |
| Premature withdrol | Available, but interest cut |
| Availability | Now closed (from 1 April 2025) |
What is SBI Amrit Kalash Scheme? (What is SBI Amrit Kalash Scheme?)
SBI Amrit Kalash Scheme was a limited period special FD scheme, which was first launched in 2023. Its specialty was – 400 days fixed period and more interest rate than common FD. Customers investing in this scheme used to get better returns from common FDs.
- Interest Rate: 7.10% for common citizens and 7.60% for senior citizens.
- Investment period: 400 days.
- Minimum investment amount: ₹ 1,000.
- Maximum investment amount: No limit, but investment above ₹ 2 crore was considered Bulk FD.
- Premature withdrawal: Could withdraw money ahead of time when needed, but the interest rate was reduced.
- Application Process: Through SBI Branch, Yono App or Internet Banking.
Benefits of SBI Amrit Kalash Scheme
- Higher interest rate: Uter interest was received from common FD.
- Additional benefits to senior citizens: 0.50% more interest for senior citizens.
- Security: Security of investment in government bank like SBI.
- Flexibility: Premature withdrawal and loan facility on FD when needed.
- Easy application process: Application possible by both online and offline methods.
Who could take advantage of this scheme? (Eligibility Criteria)
- Indian resident (Individual, Joint, HUF)
- Non-resident Indian (NRI)-NRO account
- Minor (with Parent/Guardian)
- Hindu undivided family (HUF)
Application Process: SBI Amrit Kalash Scheme Application Process
- Go to SBI branch or login SBI YONO app/Internet banking.
- Go to the ‘Fixed Deposit’ section and choose ‘Amrit Kalash’.
- Fill the required details – Investment amount, duration, account number etc.
- Upload essential documents/deposit in branch:
- Identity card (Aadhaar, PAN, Passport)
- Address proof (Aadhaar, Electricity Bill, Passport)
- Passport Size Photo
- Submit the investment amount (cash, check or online transfer).
- Submit the application and receive FD.
Documents required
- Aadhar Card / PAN Card / Passport (ID Proof)
- Address proof (Aadhaar, Utility Bill)
- Passport Size Photo
Premature withdrawal & Loan Facility
- The FD could break even before 400 days when needed, but the interest rate was reduced from 0.50% to 1%.
- Loan or overdraft facility was also available on FD.
SBI Amrit Kalash Scheme vs Other FD (SBI Amrit Kalash vs Other FDS)
| Scheme name | Duration | Common citizen interest | Senior citizen interest |
| Amrit kalash | 40 days | 7.10% | 7.60% |
| SBI WeCare | 5+ years | 6.20% | 6.70% |
| Regular SBI FD | 1-10 years | 5.70-6.30% | 6.20-6.80% |
| Amrit Vrishti (New) | 444 days | 7.25% | 7.75% |
How long was the Amrit Kalash scheme? (SBI Amrit Kalash Scheme Last Date)
- The scheme was available till 31 March 2025.
- SBI has closed the scheme since 1 April 2025.
- Now SBI’s new Amrit Vrishti FD scheme is available, in which the interest rate and duration are slightly different.
Why did SBI Amrit Kalash Scheme close? (Why was sbi amrit kalash scheme discontinued?)
- It was a limited period offer, which was extended by SBI from time to time according to the market condition and RBI policy.
- It has been closed since 1 April 2025.
- Now the bank has launched the Amrit Vrishti FD scheme, which has a slight interest rate and duration.
What are the options now? (Current alternatives after SBI Amrit Kalash Scheme)
- SBI Amrit Vrishti FD: 444 day FD, 7.25% for common citizens and 7.75% interest rate for senior citizens.
- SBI WeCare FD: 5 years or more FD, 7.50% interest rate for senior citizens.
- SBI Patrons FD: Extra 0.10% interest for Super Senior Citizens (80+ Year).
Frequently asked questions about SBI Amrit Kalash Scheme (Frequently Asked Questions)
Q1. Is SBI Amrit Kalash Scheme still available?
No, this scheme has been closed since 1 April 2025. Now SBI Amrit Vrishti FD scheme is running.
Q2. What was the minimum investment in SBI Amrit Kalash Scheme?
Investment could be started from minimum ₹ 1,000.
Q3. Did it feature premature withdrawal?
Yes, but the interest rate was reduced.
Q4. How to apply?
Applications could be made through SBI Branch, YONO app or internet banking.
Q5. How much interest did senior citizens get?
7.60% per year.
Q6. Which scheme to invest now?
Now you can invest in schemes like SBI Amrit Vrishti FD, SBI WeCare FD.
Why was SBI Amrit Kalash Scheme special? (Why was Sbi Amrit Kalash Scheme Special?)
- More returns in short time (400 days).
- Protection of government bank.
- Additional benefits for senior citizens.
- Easy and digital application process.
- Loans on FD or premature money withdrawal on FD if needed.
Important Investment Tips related to investment
- Before investment, understand the conditions and interest rates of the scheme.
- Read FD’s maturity date and premature withdrawal policy carefully.
- Take advantage of tax exemption (Form 15G/H).
- Tax is applied to interest on FD.
Disclaimer:
SBI Amrit Kalash Scheme 2025 is now closed and it is not possible to invest from 1 April 2025. It was a limited period special FD scheme, with a higher interest rate for 400 days. If you want to invest now, you can see SBI’s new Amrit Vrishti FD or other special FD schemes. Before investment, take complete information from the official website or branch of the bank.
This information is only for your reference. Take the decision to invest according to your need and risk profile.
Note: SBI Amrit Kalash Scheme is no longer available in real. If an agent or website asks for investing in this scheme, be careful and confirmed the bank. Invest only in new schemes of banks like Amrit Vrishti FD, SBI WeCare etc.
