You can deposit money in the SBI Amrit Kalash Scheme by 30th September 2024. The Amrit Kalash scheme by State bank of India is targeted at domestic retail term deposits, including NRI rupee term deposits, with amounts less than Rs 2 crore. Use our SBI Amrit Kalash Calculator and don’t bother taking out your calculator and trying to find exact calculation formula. You can easily find the maturity amount using our calculator.
The Amrit Kalash scheme is a fixed deposit scheme valid for a period of 400 days and an attractive interest rate of 7.10% per annum (for general). Additionally, senior citizens, staff, and staff pensioners are eligible for an extra interest rate applicable to their category.
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Interest on these deposits is paid at different intervals depending on the type of deposit: monthly, quarterly, or half-yearly for regular term deposits, and on maturity for special term deposits. The interest, net of TDS, is credited directly to the customer’s account. The scheme also supports premature withdrawals as per the applicable rules for retail term deposits and offers a loan facility against the deposit. Deposits can be made through various channels, including branches, Internet Banking (INB), and the YONO app.
This scheme is available for both new and renewal deposits. The Amrit Kalash scheme is designed to provide a higher rate of return to depositors within the specified tenor, ensuring that customers, especially senior citizens and bank staff, can benefit from favorable interest rates during the offer period. The flexibility in interest payment intervals and the loan facility further enhance the attractiveness of the SBI Amrit Kalash deposit scheme.
SBI Amrit Kalash Scheme Calculator 2024
You can use our SBI Amrit Kalash deposit calculator. Simply enter the principal amount, then the customer type and finally chose the Payment of Interest. After all this, hit the Calculate Maturity Amount. Now, within fraction of second, you will know the SBi Amrit Kalash Maturity Amount.
Amrit Kalash Calculator
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How to Find SBI Amrit Kalash Deposit Maturity Amount?
When you invest your money, the aim of investment is to get a good return. Every investor wants to know how much profihe/she willhe get. Same is the case with Amrit Kalash Deposit. If you are among the interested depositors who want to know the Amrit Kalash maturity amount, simply use our calculator above. Provide the required information and hit that "Calculate Maturity Amount" Button.
Quick Links
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I want to fd in amrit kalash for400 days. What will be amount
Hi Jiban, You first need to decide how much you want to invest. Use that amount as principle amount in calculator to check the maturity amount.
Do I will get monthly interest at 7.5 % and plus maturity amount