SBI Amrit Kalash Scheme: 4 days left to invest in this guaranteed return scheme; know what you will get on Rs 2 lakh, 3 lakh and 4 lakh investments
SBI Amrit Kalash Scheme: Interest rates on prematurely withdrawn funds will be reduced by 0.50% to 1%, depending on the length of time the deposit was maintained.
SBI Amrit Kalash Scheme, a special FD scheme by the State Bank of India is available till September 30, 2024. The scheme provides higher interest rates on deposits to general and senior citizens.
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SBI Amrit Kalash Scheme: Senior citizens
Senior citizens get 7.60 per cent interest under this special guaranteed return scheme.
SBI Amrit Kalash Scheme: General citizens
While general citizens get a 7.10 per cent interest rate annually.
Investment period
You will have to invest for 400 days to get the full benefits of the scheme.
Is there an option for premature withdrawal?
Interest rates on prematurely withdrawn funds will be reduced by 0.50% to 1%, depending on the length of time the deposit was maintained.
Who can invest in the SBI Amrit Kalash scheme?
The scheme is available to all resident individuals, including minors (under the guardianship of a parent), and Non-Resident Indians (NRIs) under the NRO category. It is also accessible to HUFs (Hindu Undivided Families).
What will general citizens get on a Rs 2 lakh investment in this 400-day FD scheme?
If a general citizen invests Rs 2 lakh in this FD scheme, they will get Rs 18,532 as interest and the maturity amount will be Rs 2,18,532.
What will senior citizens get on a Rs 2 lakh investment in this 400-day FD scheme?
If a senior citizen invests Rs 2 lakh in this FD scheme, they will get Rs 19,859 as interest and the maturity amount will be Rs 2,19,859.
General citizen: Rs 3 lakh investment
If a general citizen invests Rs 3 lakh in this FD scheme, they will get Rs 27,798 as interest and the maturity amount will be Rs 3,27,798.
Senior citizen: Rs 3 lakh investment
If a senior citizen invests Rs 3 lakh in this FD scheme, they will get Rs 29,789 as interest and the maturity amount will be Rs 3,29,789.
General citizen: Rs 4 lakh investment
If a general citizen invests Rs 4 lakh in this FD scheme, they will get Rs 37,064 as interest and the maturity amount will be Rs 4,37,064.
Senior citizen: Rs 4 lakh investment
If a senior citizen invests Rs 4 lakh in this FD scheme, they will get Rs 39,718 as interest and the maturity amount will be Rs 4,39,718.