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Higher interest for 400 days deposit; Do you know SBI scheme?
Tezzbuzz Team | March 7, 2024 12:24 AM CST

Sbi Fixed Deposit | State Bank of India (SBI) has extended the last date for investing in Amrit Kalash Special Fixed Deposit Scheme several times.
This fixed deposit offers investors a higher rate of interest compared to regular SBI deposits.

31st March 2024 is the last date to invest in this scheme. This fixed deposit scheme has a tenure of 400 days and offers an interest rate of 7.10 percent.

Other SBI Schemes

SBI Green Deposit
SBI Green Deposit offers investors 3 deposit schemes namely 1111 days, 1777 days and 2222 days.

SBI Sarvotham

Under SBI Sarvotham term deposits, the bank offers an interest rate of 7.4 per cent for a period of two years. For a period of one year, the interest rate is fixed at 7.10 percent. Senior citizens will get an additional 50 basis points (bps) over the interest rate offered to general investors.
Deposits maturing in two years will get interest rate of 7.9 per cent.

SBI Vecare

This special FD offers additional interest on term deposits of senior citizens. It was launched in 2020. According to the SBI website, “Senior citizens will get 50 bps higher than the general card rate.

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