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Many schemes of India's largest government bank State Bank of India are still being run to give better returns to its customers. From time to time banks provide benefits to their customers by running such schemes.

You can get bumper returns by investing in 'Amrit Kalash', the highest interest-paying 400-day FD of the State Bank of India (SBI). For your information, let us tell you that the last date to invest in this FD is nearing.

The last date to invest in the State Bank of India's Amrit Kalash Scheme (SBI Amrit Kalash FD Scheme) is March 31, 2024. On investing in this FD, interest of 7.1 percent is being given to general citizens and 7.6 percent to senior citizens.

State Bank of India also provides the facility of premature withdrawal to investors in this FD. If a person withdraws money prematurely, a penalty of 0.5 percent to 1 percent is charged. Interest in Amrit Kalash FD is paid on a monthly, quarterly, and half-yearly basis.

Interest rates on normal FD in State Bank of India
Let us tell you that the State Bank of India (SBI) is offering FD from 7 days to 10 years. In this, general investors are being given interest ranging from 3.50 percent to 7 percent. At the same time, senior citizens are being given interest ranging from 4 percent to 7.50 percent.

FD interest rates in State Bank of India
General investor
From 7 days to 45 days – 3.5 percent
From 46 days to 179 days – 4.75 percent
From 180 days to 210 days – 5.75 percent
From 210 days to less than a year – 6 percent
One year to less than two years -6.8 percent
From two years to less than three years – 7 percent
Three years to less than 5 years – 6.75 percent
From five years to 10 years – 6.50 percent

Senior Investor (above 60 years)
From 7 days to 45 days – 4 percent
From 46 days to 179 days – 5.25 percent
From 180 days to 210 days – 6.25 percent
From 210 days to less than a year – 6.5 percent
One year to less than two years -7.3 percent
From two years to less than three years – 7.5 percent
Three years to less than 5 years – 7.25 percent
From five years to 10 years – 7.50 percent

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