SBI FD: These 5 schemes give huge returns, last date to invest in 2 is this month..

State Bank of India (SBI) has recently launched a limited-term deposit scheme called 'Amrit Vrishti', which offers good interest rates to domestic and NRI customers. Earlier, SBI had launched schemes called 'SBI Amrit Kalash' for general and senior citizens and 'SBI WeCare' for senior citizens only. The duration of the SBI Amrit Kalash scheme is 400 days, and an interest rate of 7.10% per annum is being offered for general citizens. The last date for investment in this scheme is September 30, 2024.

According to the SBI website, the interest rate of 7.10% in the special period scheme of 400 days (Amrit Kalash) is applicable from April 12, 2023. Senior citizens are being given an interest rate of 7.60%. This scheme is valid till September 30, 2024.

SBI has introduced the 'SBI WeCare' deposit scheme exclusively for senior citizens, which provides them with additional interest rates on their deposits. This scheme is valid till 30 September 2024. In this, an additional premium of 50 basis points (bps) is given over the normal interest rate. This scheme is also available on new deposits and renewal of maturing deposits.

SBI Amrit Vrishti Interest Rate
Amrit Vrishti scheme offers an interest rate of 7.25% per annum on deposits of 444 days. Offers 0.50% additional interest rate for senior citizens. Loans can also be taken on these deposits. The investment deadline for this scheme is 31 March 2025.

SBI Sarvottam
SBI Sarvottam Term Deposit was launched last year for those investors who wanted to deposit more amount. It offers higher interest rates than traditional FDs. Under the SBI Sarvottam Term, the bank offers a 7.4% interest rate for a tenure of 2 years. The interest rate for a tenure of one year is fixed at 7.10%. Senior citizens get an additional premium of 50 basis points (bps) over the interest rate of general investors. They can get an interest rate of 7.9% on 2-year deposits and 7.6% on 1-year deposits. The interest rate on ‘Sarvottam (Non-Callable)’ is applicable only on deposits of Rs 1 crore to Rs 3 crore. There is no last date for investment in this scheme.

SBI Green Rupee Term Deposit
SBI has launched the SBI Green Rupee Term Deposit Scheme to promote green projects. Under this scheme, the bank offers a 6.65% interest rate for tenure of 1111 days and 1777 days. For a tenure of 2222 days, the bank offers a 6.40% interest rate. Under this scheme, the bank offers a 7.15% interest rate for senior citizens for 1111 days and 1777 days. Offers a 7.40% interest rate for 2222 days. There is no last date for investment in this scheme.

Scheme Last Date for Investment
SBI Amrit Kalash 30 September 2024

SBI WeCare 30 September 2024

SBI Amrit Vrishti 31 March 2025

SBI Sarvottam No Last Date

SBI Green Deposit No Last Date

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