Why SBI Amrit Kalash FD is a Smart Investment?
Fixed Deposits (FDs) have always been a preferred choice for risk-averse investors looking for stable returns. Among the various FD schemes, SBI Amrit Kalash FD has emerged as a top pick, especially for senior citizens and those seeking short-term high-yield investments.
With an attractive 7.10% interest for general investors and 7.60% for senior citizens, this 400-day FD scheme is a lucrative opportunity. The deadline has been extended multiple times due to high demand, and the final date to invest is March 31, 2025.
If you’re looking for a safe, high-return investment, this guide covers everything you need to know about SBI Amrit Kalash FD 2025.
Key Features of SBI Amrit Kalash FD 2025
1. High-Interest Rates
- General Public: 7.10% p.a.
- Senior Citizens: 7.60% p.a. (Additional 0.50% benefit)
2. Short Tenure – 400 Days
Unlike long-term FDs, this scheme matures in just 400 days (approx. 1 year & 1 month), making it ideal for those who want quick returns without long lock-in periods.
3. Flexible Interest Payout Options
Investors can choose from:
- Monthly
- Quarterly
- Half-Yearly
- Cumulative (at maturity)
This flexibility helps retirees and others who need regular income.
4. Extended Deadline – Last Chance!
Originally launched in April 2023, the scheme was repeatedly extended due to popularity. The final deadline is March 31, 2025.
5. Maximum Investment Limit: ₹2 Crore
High-net-worth individuals can invest up to ₹2 crore, making it a great option for big-ticket savings.
SBI Amrit Kalash FD Interest Rates 2025
| Investment Amount | General Public (7.10%) | Senior Citizen (7.60%) |
|---|---|---|
| ₹1 Lakh | ₹7,100/year | ₹7,600/year |
| ₹5 Lakh | ₹35,500/year | ₹38,000/year |
| ₹10 Lakh | ₹71,000/year | ₹76,000/year |
For senior citizens, the extra 0.50% means an additional ₹5,000 per year on ₹10 lakh investment.
Who Should Invest in SBI Amrit Kalash FD?
1. Senior Citizens Looking for Regular Income
With 7.60% returns, this FD is perfect for retirees who need monthly or quarterly payouts.
2. Short-Term Investors
If you don’t want to lock funds for 5-10 years, 400 days is an ideal tenure.
3. Risk-Averse Investors
Unlike stocks or mutual funds, FDs offer guaranteed returns with zero market risks.
4. High-Net-Worth Individuals (HNIs)
With a ₹2 crore limit, HNIs can park large sums securely.
How to Invest in SBI Amrit Kalash FD?
1. Online via YONO App
- Log in to SBI YONO
- Select “Fixed Deposit”
- Choose “Amrit Kalash FD”
- Enter investment details & submit
2. Visit Any SBI Branch
- Fill the FD application form
- Submit KYC documents
- Deposit the amount
3. Required Documents
- PAN Card
- Aadhaar Card
- Passport-size photo
- SBI Savings Account (if applicable)
Tax Implications on SBI Amrit Kalash FD
- TDS Deduction: Interest earned is taxable as per income slab.
- Form 15G/15H: Senior citizens with no taxable income can submit these forms to avoid TDS.
- Tax-Saving FDs vs. Amrit Kalash FD: Unlike 5-year tax-saving FDs, this scheme does not offer tax deductions under Section 80C.
Why Choose SBI Over Other Bank FDs?
| Bank | FD Tenure | General Public Rate | Senior Citizen Rate |
|---|---|---|---|
| SBI Amrit Kalash FD | 400 Days | 7.10% | 7.60% |
| HDFC Bank | 1-2 Years | 6.80% | 7.30% |
| ICICI Bank | 390 Days | 6.90% | 7.40% |
| PNB | 400 Days | 6.75% | 7.25% |
SBI offers better rates compared to private banks, making it a more profitable choice.
Frequently Asked Questions (FAQs)
1. Is SBI Amrit Kalash FD safe?
Yes, SBI is a government-backed bank, making FDs 100% secure.
2. Can I withdraw before maturity?
Yes, but penal charges (0.50%-1%) will apply.
3. Is there a loan against this FD?
Yes, up to 90% of the deposit amount.
4. Can NRIs invest?
Yes, through NRE/NRO accounts.
5. What happens after maturity?
Funds will be credited to your linked account unless renewed.
Final Verdict: Should You Invest?
If you want a short-term, high-return FD, SBI Amrit Kalash FD 2025 is an excellent choice. With 7.60% for seniors and flexible payouts, it’s ideal for risk-free wealth growth.
⚠️ Hurry! The last date is March 31, 2025.
Key Takeaways
✅ 7.10% for general public, 7.60% for senior citizens
✅ 400-day tenure – short and profitable
✅ Multiple interest payout options
✅ Safe & government-backed investment
✅ Last date: March 31, 2025
Don’t miss this opportunity—invest today!
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