SBI Amrit Kalash Fixed Deposit Interest Rate 2025: State Bank of India (SBI) has introduced a special fixed deposit (FD) scheme for its customers, known as “Amrit Kalash”. This scheme is for a period of 400 days and attractive interest rates are being offered. SBI Amrit Kalash FD Scheme is a safe and profitable option for investors who want good returns on their savings.
In this article we will learn about SBI Amrit Kalash FD Scheme in detail, share its features, interest rates, eligibility criteria and other important information. This scheme provides special benefits not only for common citizens but also for senior citizens.
What is SBI Amrit Kalash FD Scheme?
SBI Amrit Kalash is a special fixed deposit scheme offered by State Bank of India. This scheme is for a period of 400 days and attractive interest rates are being offered. The main objective of this scheme is to provide investors a safe investment option with high returns.
Key Features of SBI Amrit Kalash FD Scheme
| Description | Information |
| name of the scheme | SBI Amrit Kalash FD Scheme |
| Duration | 400 days |
| Interest rates for common citizens | 7.10% per annum |
| Interest rates for senior citizens | 7.60% per annum |
| minimum deposit amount | ₹1,000 |
| maximum deposit amount | ₹2 crore |
| time limit | By 31 March 2025 |
| premature withdrawal | Available |
| loan facility | Available |
SBI Amrit Kalash FD Interest Rate 2025
Attractive interest rates are being provided in SBI Amrit Kalash FD Scheme. The interest rate for general citizens is 7.10% per annum, while for senior citizens the rate is 7.60% per annum. This rate is much higher than other normal FD schemes, making this scheme attractive for investors.
Interest rates for common citizens
An interest rate of 7.10% per annum is being provided in SBI Amrit Kalash FD Scheme for common citizens. This rate is applicable for a period of 400 days. For example, if a person invests ₹1 lakh, he will receive approximately ₹1,07,781 after 400 days.
Interest rates for senior citizens
SBI Amrit Kalash FD Scheme for senior citizens is offering an interest rate of 7.60% per annum. This rate is 0.50% higher than that of ordinary citizens. With this additional benefit, senior citizens can get better returns on their savings. For example, if a senior citizen invests ₹1 lakh, he will receive approximately ₹1,08,329 after 400 days.
SBI Amrit Kalash FD Scheme Eligibility
The following are the eligibility criteria to invest in SBI Amrit Kalash FD Scheme:
- Indian citizen
- Non Resident Indian (NRI)
- Hindu Undivided Family (HUF)
- Minor (through parent or legal guardian)
- sole proprietorship firm
Benefits of SBI Amrit Kalash FD Scheme
SBI Amrit Kalash FD Scheme offers several benefits, making it an attractive option for investors:
- Higher interest rates: Higher interest rates compared to other normal FD schemes.
- Secure Investment: Security of investment in a reliable bank like SBI.
- Flexible deposit amount: Deposit amount can range from ₹1,000 to ₹2 crore.
- Additional Benefits for Senior Citizens: 0.50% additional interest to senior citizens.
- Premature Withdrawal: Facility to withdraw money before time when required.
- Loan Facility: Loan facility available against FD.
How to invest in SBI Amrit Kalash FD Scheme?
You can use the following methods to invest in SBI Amrit Kalash FD Scheme:
- SBI Branch: You can open FD by visiting your nearest SBI branch.
- SBI Internet Banking: You can open FD online from your SBI Net Banking account.
- SBI YONO App: FD can also be opened through SBI’s YONO app.
- SBI Website: You can also open FD by visiting the official website of SBI.
Documents required for SBI Amrit Kalash FD Scheme
The following documents are required to invest in SBI Amrit Kalash FD Scheme:
- PAN card
- Aadhar card
- passport size photo
- Address proof (like Aadhar Card, Driving License, Passport etc.)
- Age proof for senior citizens
SBI Amrit Kalash FD Scheme vs Other FD Schemes
Comparison of SBI Amrit Kalash FD Scheme with FD schemes of other leading banks:
| bank | Interest rates for common citizens | Interest rates for senior citizens |
| SBI Amrit Kalash | 7.10% | 7.60% |
| HDFC Bank | 7.00% | 7.50% |
| ICICI Bank | 7.00% | 7.50% |
| Punjab National Bank | 6.75% | 7.25% |
| Bank of Baroda | 6.90% | 7.40% |
SBI Amrit Kalash FD Scheme FAQs
- Question: Does SBI Amrit Kalash FD Scheme have premature withdrawal facility?
Answer: Yes, premature withdrawal facility is available in this scheme. - Question: Can a loan be taken against this FD?
Answer: Yes, loan can be taken against SBI Amrit Kalash FD. - Question: Can minors invest in this scheme?
Answer: Yes, minors can invest in this scheme through their parents or legal guardian. - Question: Can NRIs invest in this scheme?
Answer: Yes, NRIs can also invest in SBI Amrit Kalash FD Scheme. - Question: Is TDS applicable on this FD?
Answer: Yes, TDS will be deducted as per rules. However, if your annual income is below the taxable limit, you can avoid TDS by submitting Form 15G/15H.
conclusion
SBI Amrit Kalash FD Scheme is an attractive option for investors who want good returns along with safe investment. With interest rates ranging from 7.10% to 7.60%, this scheme is especially beneficial for senior citizens. With a tenure of 400 days, it is suitable for medium term investors. Additional benefits like premature withdrawal and loan facility make it more attractive.
If you want better returns on your savings and want to invest in a reliable bank, then SBI Amrit Kalash FD Scheme can be a good option for you. However, it is important to evaluate your financial situation and goals before investing.
Disclaimer: This article is for informational purposes only and should not be taken as financial advice. The terms and conditions of SBI Amrit Kalash FD Scheme may change from time to time. Please visit SBI official website or nearest SBI branch for accurate and updated information. Consult your financial advisor before investing. The author or publisher will not be responsible for any loss or damage that may arise from the use of this information.
