As we all know human life is full of uncertainties, anything can happen here at any time. Therefore, we should be prepared especially for financial difficulties to avoid future problems, in such a situation, if we talk about the Amrit Kalash Yojana of the State Bank of India (SBI), which provides an attractive opportunity for investors. With competitive interest rates and flexible investment options, this scheme is ideal for those who want to grow their savings safely, let's know the complete details about it-

Attractive interest rates:

Regular customers can earn an impressive interest of 7.1% on fixed deposits for 400 days.

Senior citizens can benefit even more by getting 7.6% interest on their investments.

Investment period:

You can invest in the Amrut Kalash scheme till March 31, 2024, which creates a timely opportunity for potential investors.

Interest payout:

Interest is credited to the investor's account after deducting TDS on maturity, ensuring a hassle-free experience.

Additional options:

SBI offers a variety of interest rates on fixed deposits below Rs 2 crore, ranging from 3% to 7% for general customers and 3.5% to 7.5% for senior citizens.

Investment flexibility:

Investors can easily participate in this scheme through online methods such as net banking or the SBI YONO app as well as traditional offline channels.

Premature withdrawal and loans:

The scheme also offers the option of premature withdrawal and loans against fixed deposits, which adds to its flexibility.