HomeBusinessWecare vs Amrit Kalash: Want to invest in FD? SBI has great...

Wecare vs Amrit Kalash: Want to invest in FD? SBI has great deals

Many special FD schemes are being run by the country’s largest government bank – the State Bank of India (SBI). In some of these FDs, investors are getting very attractive interest.

Today we are going to tell about SBI We Care and SBI Amrit Kalash.


SBI Wecare FD interest rate

SBI Wecare 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 renewable till September 30, 2023. At present, 7.50 percent interest is being given on SBI Wecare 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

-7.00 percent on FDs of two years to less than three years

On FD from three years to 10 years – 6.50 percent