SBI Reintroduces Amrit Kalash Fixed Deposit Scheme With Up To 7.6% Interest

Daily Current Affairs / SBI Reintroduces Amrit Kalash Fixed Deposit Scheme With Up To 7.6% Interest

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Category : Business and economics Published on: April 19 2023

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The State Bank of India has extended the Amrit Kalash fixed deposit scheme.
The scheme offers 7.1 percent interest to the general public and 7.6 percent to senior citizens.
The scheme will be valid till 30-June-2023.”
The special scheme will have a tenor of 400 days.
The Amrit Kalash scheme was earlier valid from February 15 to March 31.
This scheme is applicable to domestic retail term deposits, including NRI Rupee Term Deposits, which are below Rs 2 crore.
Under this scheme, general investors can avail an interest rate of 7.10%, while senior citizens are eligible for a higher interest rate of 7.60%.