look news india
SBI FD Scheme: Leading public sector bank State Bank of India (SBI) has once again extended the last date to invest in its popular fixed deposit schemes Amrit Kalash Fixed Deposit (SBI Amrit Kalash FD) and SBI WeCare Fixed Deposit (SBI Fixed Deposit). Has increased from. This means that there is great news for those who are planning to get FD. The last date for investing in this scheme was March 31, 2024, which the bank has extended to September 30, 2024. This means that now you can invest money in these schemes even in the next five months.
What is the last date for investing in SBI Amrit Kalash SBI WeCare FD Scheme?
Customers can invest in Amrit Kalash and WeCare FD scheme till September 30, 2024. The bank has extended its investment deadline.
How much return are you getting? (SBI FD Interest Rate)
According to the official website of SBI, in this scheme of Amrit Kalash for 400 days, interest is being given at the rate of 7.10 percent. Under the scheme, senior citizens will get the benefit of additional 0.50% and they will get 7.60% interest on the same investment. The interest rate in SBI WeCare FD scheme has been kept at 7.50%.
How much return will you get on an investment of Rs 5 lakh?
If you invest Rs 5 lakh in both these term deposit schemes i.e. make an FD of Rs 5 lakh, then let us know what will be the total return.
SBI Amrit Kalash FD Calculator
In this scheme, a regular customer will get Rs 5,39,612 at the rate of 7.10 percent on investment for 400 days or 13 months. That means in 13 months you will earn Rs 39,612 from interest. If we look at the calculation of interest rate of 7.60% given to senior citizens, on an investment of Rs 5 lakh, senior citizens will get Rs 5,42,490 in 400 days, out of which the interest return will be Rs 42,490.
SBI WeCare FD Calculator
If you invest in WeCare FD, you will get a return of 7.50% on FD (Fixed Deposit) between 5 to 10 years. In this sense, you will get Rs 5,41,913 during this period. Total interest returned was Rs 41,913.