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Reading: SBI WeCare vs SBI Amrit Kalash, which is a profitable deal for FD investors
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SBI WeCare vs SBI Amrit Kalash, which is a profitable deal for FD investors

savitri soni
Last updated: 2023/08/05 at 12:21 PM
savitri soni
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SBI WeCare vs SBI Amrit Kalash SBI We Care and SBI Amrit Kalash are special FD schemes. SBI We Care is for senior citizens. In this, 7.5 percent interest is being given by the bank. Both normal and senior investors can invest in SBI Amrit Kalash FD. In this, general investors are getting 7.1 percent interest and senior investors are getting 7.6 percent interest.

Many special FD schemes are being run by the country’s largest government bank SBI. In some of these FDs, investors are getting very attractive interest. Today we are going to talk about SBI We Care and SBI Amrit Kalash in this article.

SBI We Care FD interest rate

SBI We Care FD scheme has been launched for senior citizens. In this, any senior citizen can get FD for 5 to 10 years. The benefit of this scheme is being given on fresh deposits and renewables till September 30, 2023. At present, 7.50 percent interest is being given on SBI We Care FD.

Interest rate on SBI Amrit Kalash FD

The 400-day ‘Amrit Kalash’ FD was launched by SBI in February. On this FD, general investors are getting 7.1 percent interest and senior citizens are getting 7.6 percent interest. Investors can invest in this FD till 15 August.

Interest on SBI FD

Interest ranging from 3 percent to 7.1 percent is being given by SBI on FDs ranging from 7 days to 10 years. Additional interest of 50 basis points is being given to senior citizens.

7 days to 45 days on FD – 3 percent

-4.5 percent on FDs from 46 days to 179 days

-5.25 percent on FDs from 180 days to 210 days

On FDs from 211 days to less than one year – 5.75 percent

On FDs from one year to less than two years – 6.8 percent

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savitri soni August 5, 2023
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