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SBI provides a 7.60 per cent interest rate annually under this guaranteed return scheme to senior citizens while general citizens get a 7.10 per cent interest rate annually.

The SBI Amrit Kalash Scheme, a special fixed deposit (FD) scheme, offers higher returns over a specific period. The scheme was initially launched in February 2023 and has seen several extensions due to its popularity. 

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SBI Amrit Kalash Scheme interest rate for general citizens

 

SBI provides a 7.10 per cent interest rate annually under this guaranteed return scheme to general citizens.

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SBI Amrit Kalash Scheme interest rate for senior citizens

 

SBI provides a 7.60 per cent interest rate annually under this guaranteed return scheme to senior citizens.

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SBI Amrit Kalash's tenure

 

The scheme is available for a specific tenure of 400 days.

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SBI Amrit Kalash FD: Last date to invest

 

The last date to invest in this scheme is September 30, 2024.

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Premature Withdrawal

 

Interest rates on prematurely withdrawn funds will be reduced by 0.50% to 1%, depending on the length of time the deposit was maintained.

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Eligibility to invest in the Amrit Kalash scheme

 

The scheme is available to all resident individuals, including minors (under the guardianship of a parent), and Non-Resident Indians (NRIs) under the NRO category. It is also accessible to HUFs (Hindu Undivided Families).

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What you will get on a Rs 4 lakh investment in this 400-day FD scheme

 

If a general citizen invests Rs 4 lakh in this FD scheme, they will get Rs 34,807.52 as interest and the maturity amount will be Rs 4,34,807.52.

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What will the maturity amount be for senior citizens on a Rs 4 lakh investment?

 

If a senior citizen invests Rs 4 lakh in this FD scheme, they will get Rs 37,278.03 as interest and the maturity amount will be Rs 4,37,278.03.

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What you will get on a Rs 6 lakh investment in this 400-day FD scheme

 

If a general citizen invests Rs 6 lakh in this FD scheme, they will get Rs 52,211.28 as interest and the maturity amount will be Rs 6,52,211.28.

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What will the maturity amount be for senior citizens on a Rs 6 lakh investment?

 

What will the maturity amount be for senior citizens on a Rs 6 lakh investment?If a senior citizen invests Rs 8 lakh in this FD scheme, they will get Rs 55,917.05 as interest and the maturity amount will be Rs 6,55,917.05.

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What you will get on Rs 8 lakh investment in this 400-day FD scheme

 

If a general citizen invests Rs 8 lakh in this FD scheme, they will get Rs 69,615.04 as interest and the maturity amount will be Rs 8,69,615.04.

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What will be the maturity amount for senior citizens on a Rs 8 lakh investment?

 

If a senior citizen invests Rs 8 lakh in this FD scheme, they will get Rs 74,556.06 as interest and the maturity amount will be Rs 8,74,556.06.

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