SBI extends “Amrit Kalash” fixed deposit scheme deadline to August 15, 2023

SBI will continue to give 7.10% interest rate on FDs of 400 days

Senior citizens will get 0.50% additional rate i.e. 7.60%  interest on “Amrit Kalash” fixed deposits

This is the highest interest rate that SBI is currently giving to its depositors

SBI also extended “We-care” fixed deposit scheme deadline to September 30, 2023

Public lender is giving 1% additional rate to senior citizens under  “We-care” deposit scheme

Senior citizens will get 7.50% interest on FDs opened for 5 yrs to less than 10 yrs under  “We-care” deposit scheme

General citizens will get only 6.50% interest rate on “We-care” fixed deposits

This is the best time to open fixed deposits of long tenures – Experts

Banks can anytime rollback high interest rates on fixed deposits!