The State Bank of India (SBI) has extended the last date to invest in its special fixed deposit ‘SBI Amrit Kalash’ offering higher interest rate. The previous deadline was September 30, 2024.
When is the deadline of SBI Amrit Kalash?
The Amrit Kalash Scheme will be valid till March 31, 2025.
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SBI Amrit Kalash FD interest rates
The specific tenor scheme of “400 days” (Amrit Kalash) offers highest interest rate of 7.10 %. Senior Citizens are eligible for a rate of interest of 7.60%.
Latest SBI FD interest rates
State Bank of India offers interest rate between 3.50% to 7% for general citizen and for senior citizens, the bank offers 7.50%.
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| General Public | Senior Citizen | |
| Tenors | Revised Rates for Public w.e.f. 15/06/2024 | Revised Rates for Senior Citizen w.e.f. 15/06/2024 |
| 7 days to 45 days | 3.5 | 4 |
| 46 days to 179 days | 5.5 | 6 |
| 180 days to 210 days | 6.25 | 6.75 |
| 211 days to less than 1 year | 6.5 | 7 |
| 1 Year to less than 2 years | 6.8 | 7.3 |
| 2 years to less than 3 years | 7 | 7.5 |
| 3 years to less than 5 years | 6.75 | 7.25 |
| 5 years and up to 10 years | 6.5 | 7.50* |
*Including additional premium of 50 bps under ”SBI We-care” deposit scheme.
Amrit Vrishti
In July 2024, the bank launched new special deposit called Amrit Vrishti. According to the SBI website, “The specific tenor scheme of “444 days” (Amrit Vrishti) at Rate of Interest 7.25 % is effective from 15th July 2024 and Senior Citizens are offered a Rate of interest 7.75%. The Scheme will be valid till 31st March 2025”.
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SBI green deposit
SBI green term deposit is available for three specific tenors of 1111, 1777 & 2222 days, at 10 bps below Card Rate for Retail deposits. There is no last date to invest in SBI green term deposit.
SBI Green Rupee Term Deposit (SGRTD) interest rate for general public
Under the scheme, the bank offers 6.65% on tenure of 1111 Days, 1777 Days. For 2222 Days tenure, the bank offers 6.40% on retail term deposits.
On bulk deposit (above Rs 2 crore), the bank offers 6.15% on tenure of 1111 Days, 1777 Days. For 2222 Days tenure, the bank offers 5.90%.
SBI Green Rupee Term Deposit (SGRTD) interest rate for senior citizens
Under the scheme, the bank offers 7.15% on tenure of 1111 Days, 1777 Days. For 2222 Days tenure, the bank offers 7.40% on retail term deposits.
On bulk deposit (above Rs 2 crore), the bank offers 6.65% on tenure of 1111 Days, 1777 Days. For 2222 Days tenure, the bank offers 6.40%.
SBI Sarvottam FD interest rates
Under SBI Sarvottam term deposits, the bank offers an interest rate of 7.4 per cent for a tenure of two years. For a one-year tenure, the interest rate has been fixed at 7.10 per cent.
Senior citizens will get an additional 50 basis points (bps) premium over the rate of interest provided to the general investors. They will earn an interest rate of 7.9 per cent for deposits maturing in two years. For a year, they will get an interest rate of 7.6 per cent.
