State Bank of India (SBI) is offering several special FD schemes for its customers. These schemes provide the best returns to investors. The schemes include SBI Amrit Kalash, Amrit Vrishti, SBI Green Rupee Term Deposit, and SBI Sarvottam FD. By investing in these FD schemes, you can accumulate a substantial fund.
SBI Amrit Kalash FD Scheme
In SBI’s Amrit Kalash FD scheme, general citizens receive an interest rate of 7.1%, while senior citizens enjoy a rate of 7.6%. This FD scheme matures in 444 days. If you’re considering investing in this scheme, note that the last date for investment is 30th September 2024. However, it is expected that the bank may extend the investment deadline.
SBI Amrit Vrishti FD
SBI’s Amrit Vrishti FD also matures in 444 days. In this scheme, investors receive 7.25% interest, while senior citizens earn 7.75%. The last date for investment in this scheme is set for 31st March 2025.
SBI Green Rupee Term Deposit
The SBI Green Rupee Term Deposit is a special term deposit scheme available to both NRIs and Indian citizens. The minimum investment amount is Rs 1,000, with no maximum limit. This scheme offers three tenures: 1111 days, 1777 days, and 2222 days, with interest rates ranging from 6.65% to 7.40%.
SBI Sarvottam FD
The maximum investment limit in SBI Sarvottam FD is Rs 3 crore. This scheme offers additional interest of 30 bps for a 1-year tenure and 40 bps for a 2-year FD.