Good news for SBI customers, Amrit Kalash FD investment deadline extended – India TV Hindi

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State Bank of India (SBI) has extended the last date for investing in Amrit Kalash FD. Now retail investors can invest in this special FD till 30 September 2024. It is the highest interest paying FD of the bank. It is giving interest of 7.10 percent to general investors and 7.60 percent to senior investors.

Information given on the bank’s website said that SBI’s 400-day FD is paying 7.1 percent interest. Along with this, 7.60 percent interest is being offered to senior citizens. The last date of investment in this scheme has been extended till September 30, 2024.

Premature withdrawal

The information given on SBI’s website said that this FD also has the facility of early withdrawal. However, a penalty of 0.5% to 1% has to be paid for this. This FD pays interest monthly, quarterly and half yearly and on maturity.

Interest rate in SBIFD

State Bank of India is offering 3.5% to 7.1% interest on FD to general investors. Also, senior investors are being offered interest rates ranging from 4 percent to 7.50 percent.

SBIFD Rates

  • 7 days to 45 days – 3.5 percent
  • 46 days to 179 days – 4.75 percent
  • 180 days to 210 days – 5.75 percent
  • From 211 days to less than 1 year – 6 percent
  • 1 year to less than 2 years – 6.8 percent
  • 400 day FD – 7.1 percent
  • 2 years to less than 3 years – 7 percent
  • 3 years to less than 5 years – 6.75 percent
  • -6.5 percent for 5 years to 10 years

The bank is offering 0.50% additional interest to senior citizens on all its FDs.

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