Are you searching for a safe and high-return window for investment? The most trusted bank in the country, State Bank of India (SBI), has launched two exclusive Fixed Deposit (FD) schemes – Amrit Kalash and Amrit Vrishti – with attractive interest rates for a limited time.
Invest at this time! The offers are on till March 31, 2025, and it’s a golden chance to have your savings grow without any risk.
Why should one choose these SBI Special FD Schemes?
Fixed Deposits have always been an investment choice long time for Indians because of their stability and guaranteed returns. However, these latest schemes from SBI offer better interest rates making them ideal for short-to-medium duration investments.
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SBI’s Exclusive FD Schemes – Details & Returns
1. SBI Amrit Vrishti FD (444 Days)
- Interest Rate: 7.25% (General), 7.75% (Senior Citizens)
- Investment: ₹15 Lakhs
Estimated Returns:
- General Investors: ₹1,08,750
- Senior Citizens: ₹1,16,250
2. SBI Amrit Kalash FD (400 Days)
- Interest Rate: 7.10% (General), 7.60% (Senior Citizens)
- Best for investors looking for a slightly shorter tenure with high returns.
Why Senior Citizens Should Grab This Opportunity
If you’re a senior citizen (60+ years), these schemes are tailor-made for you! SBI offers additional interest benefits for retirees:
- 0.50% extra over general rates
- Super Senior Citizens (80+ years) get an additional 0.10%
For example:
- 5-10 Year FD: 7.50% p.a. (Senior Citizens)
- 2-Year FD: 7.90% p.a. (Senior Citizens)
Steps to Invest in SBI’s Special Schemes FD’s:
- Visit the nearest SBI Branch.
- Check eligibility and tenor options available.
- Submit relevant documents (KYC, Age proof for senior citizens).
- Invest before 31st March 2025.