SBI FD Schemes, By investing in SBI’s 444 days scheme, you can get an annual interest rate of up to 7.85%, let’s know about this scheme
Amrit Vrishti SBI FD Schemes: Often we get FD done in the bank to protect our money so that our money is safe and we also keep getting interest on it, there are many types of government and non-government banks which offer attractive interest on FD.
The bank we are going to talk about is the country’s largest bank SBI Bank, which offers FD scheme at attractive interest rates for its customers, the scheme we are going to tell you about is SBI’s Amrit Drishti Scheme, in which you now have another opportunity to invest, by investing in this FD scheme of 444%, you can get an interest rate of 7.85%, so let’s know about it
What is Amrit Vrishti Scheme?
SBI Amrit Vrishti Scheme is a fixed deposit scheme of SBI in which you have to invest your money for 444 days. In this scheme, general customers are offered an annual interest rate of up to 7.25% while senior citizens are given an annual interest rate of up to 7.5%.
To invest in this, one can start with a minimum of ₹ 1000 while no limit has been set for maximum investment. However, if you withdraw your money before the completion of the scheme period, then you have to pay a penalty. In this scheme, you are paid interest on a monthly, quarterly or half-yearly basis.
What is the interest rate?
In SBI’s Amrit Vrishti Scheme, different interest rates have been fixed for general customers and senior citizens. In this scheme, general customers are given an annual interest rate of 7.25%. In this, senior citizens get an annual interest rate of 7.25%. Under this scheme, additional interest rates are offered for employees and staff pensioners.
How much can you invest?
To invest in Amrit Vrishti Scheme, you can invest a minimum of ₹1000, while there is no limit for maximum investment. In this scheme of SBI, interest is paid quarterly, half-yearly and yearly, and if you withdraw the money before time, then you have to pay some penalty for it.
How to invest
To invest in Amrit Vrishti Scheme, you can invest in it by visiting the official website of SBI and filling its application form or you can invest through YONO app or you can go to your nearest SBI bank branch, take its form and fill it and easily invest in it.
