Amrit Kalash Deposit Scheme  - How to Apply, Benefits, and More: State Bank of India (SBI) has started a new Fixed Deposit (FD) Scheme for Indian and Non-Resident Indian (NRI) customers. SBI says the 400-day SBI Amrit Kalash Deposit FD Scheme has excellent interest rates for domestic and non-resident Indian (NRI) customers. Under the SBI Amrit Kalash Deposit FD Scheme, people over 60 would earn 7.60% on their FDs. But the SBI Amrit Kalash Deposit only works for a short time. People can take advantage of the FD until March 31, 2023.


Amrit Kalash Deposit Scheme

Amrit Kalash Deposit Scheme


State Bank of India told their customers through a tweet. "Introducing "Amrit Kalash Deposit" for domestic and NRI customers with attractive interest rates, 400 days of tenure, and more."


Features and Benefits of SBI Amrit Kalash Deposit Scheme

The SBI Amrit Kalash deposit scheme has the following features and benefits. 

1) To take advantage of the SBI Amrit Kalash deposit scheme, people must keep their money for at least 400 days.
2) The last day to apply for the SBI Amrit Kalash deposit scheme is March 31, 2023. Interested people can apply anytime between February 15 and March 31, 2023.
3) People can benefit from the SBI Amrit Kalash deposit scheme by opening an SBI Amrit Kalash account or investing through SBI YONO.
4) People who want to invest their money for 1 to 2 years can use the SBI Amrit Kalash deposit scheme.
5) Under the SBI Amrit Kalash deposit scheme, getting a loan early is also possible.
6) The SBI Amrit Kalash deposit scheme will help people over 60. The rate of return on their investment will be 7.60%. For instance, if they put Rs 1 lakh into scheme 2, they will get Rs 8,600 back after 400 days.

How to apply for the SBI Amrit Kalash Deposit FD Scheme


SBI account holders can apply for the Amrit Kalash deposit at any SBI branch, through SBI Internet Banking, or through the SBI YONO app.


Amrit Kalash Deposit Scheme - How to Apply, Benefits, and More