- By Aditya Pratap Singh
- Thu, 06 Mar 2025 05:27 PM (IST)
- Source:JND
SBI Special Fixed Deposit Schemes: Investors who are not willing to take risk on their investment but still want to earn a handsome return have only a few days left to deposit capital in two of the best special fixed deposit (FD) schemes offered by State Bank Of India (SBI). These two special FD programs are SBI Amrit Kalash and SBI Amrit Vrishti. SBI, India's largest public sector bank, has extended the deadline for the fixed income scheme many times before. But, it seems, the public sector lender is not considering any further extension in the deadline.
SBI Amrit Vrishti Scheme and SBI Amrit Kalash Scheme
The specific tenure schemes of “444 days” (Amrit Vrishti) and “400 days” (Amrit Kalash) are special fixed deposit schemes currently being offered by SBI. This is an ideal investment option for individuals who want to earn a good fixed interest in a short period. The deadline to deposit these two special FD schemes is March 31. So, citizens willing to invest their funds in a risk-free investment instrument have a few weeks to do so.
Now, let's take a look at salient features of the schemes, interest rates and other details.
SBI Amrit Kalash FD Scheme Features
SBI Amrit Kalash Fixed Deposit Scheme is a unique deposit option designed for Indian and NRI customers. It has flexible interest payment options that allow monthly, quarterly or half-yearly payments. Any TDS deducted is credited directly to the account. The scheme is available for both new deposits and renewals under retail fixed deposits of less than Rs. 2 crore, including NRI rupee fixed deposits.
SBI Amrit Kalash FD Interest Rate: General customers can avail an interest rate of 7.10% per annum, while senior citizens can avail a higher rate of 7.60% per annum.
SBI Amrit Kalash FD Scheme Deadline: The scheme is available till March 31, 2025.
SBI Amrit Vrishti Fixed Deposit Scheme
SBI Amrit Vrishti Fixed Deposit Scheme is another special deposit scheme with a tenure of 444 days, which is available to both Indian and NRI customers.
SBI Amrit Vrishti Interest Rate: This scheme offers higher interest rates than regular fixed deposits, with regular customers earning 7.25% per annum and senior citizens earning 7.75% per annum.
Customers can also take loans against their fixed deposits and also have the option to withdraw their funds before maturity if required.
SBI Amrit Vrishti FD Deadline: The last date to invest in this scheme is March 31, 2025.
Other Details
TDS is applicable as per income tax rules. For those looking for safe investments with attractive returns, SBI's Amrit Kalash and Amrit Vrishti schemes offer a great opportunity before maturity.
