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The deadline for this special bank FD scheme giving more than 7 percent interest has been extended | News India

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SBI Special Fixed Deposit: Fixed deposit schemes are very popular in terms of safe investment and attractive returns. Many people prefer to invest in bank FD with the intention of not putting their earnings at risk. However, returns in FD are very low as the interest rates are negligible. In view of this problem, some banks have increased FD rates. One such bank FD is giving safe returns.

deadline extended

In view of the popularity of the 400-day special FD scheme of the country's top government bank SBI, the deadline has been extended. SBI Amrit Kalash FD scheme was scheduled to close on 30th September, but its deadline has now been extended to 31st March-2025.

attractive interest rates

In this 400 day special FD scheme of SBI, general customers get 7.10 percent interest and senior citizens get 7.60 percent interest. SBI Amrit Kalash Scheme was launched on 12 April 2023. Which was scheduled to close on 23 June 2023. But the deadline was extended to 31-23 December. Later it became 31 March-24 and finally 30 September-24. However, now the deadline has been extended again to March 31, 2025.

SBI Amrit Kalash Scheme

In SBI Amrit Kalash Scheme, common customers can get Rs. Rs 2 lakh on FD with maturity of 400 days. 18532 interest i.e. Rs. 218532 has been returned. While senior citizens get Rs. 19859 interest is payable. The interest rate on pre-mature withdrawal has been reduced from 0.50 percent to 1 percent. It is worth noting that any customer can avail the benefit of FD up to Rs 2 crore.