SBI new FD scheme: SBI is going to close one of its fixed deposit schemes soon. For those who have not yet invested in it (SBI FD investment tips), there are only a few days left for the last chance. The interest rates being given for this FD (SBI FD interest rates) are so good that everyone investing in it is getting rich.

If you also want huge profits by investing in FD, then know when you have the opportunity to invest in this FD. If you are thinking of investing in this scheme so that this opportunity does not slip away, then it is time to make a decision soon.

This is a special scheme for a special period -

State Bank of India has started an attractive scheme for customers, named 'Amrit Vrishti Scheme' (SBI Amrit Vrishti Scheme). This scheme is for a special period of 444 days (SBI 444 FD Scheme) and investors can get good returns in it.

This scheme was started in July 2024 and the last date to invest in it is 31 March 2025. This scheme aims to give better benefits to the customers in the long term. This is a great opportunity for investors who want to make their savings safe and profitable. Now there is only a short time left to invest in it.

The interest rates of the scheme are attractive -

Amrit Vrishti Scheme is actually like showering nectar on investors in the form of returns (Amrit Vrishti Scheme return). This scheme aims to give the benefit of better interest rates to the customers. Both Indian and foreign customers can take advantage of this. In this scheme, general investors get 7.25 percent and senior citizens 7.75 percent (interest rate in Amrit Vrishti Scheme) annual interest.

This scheme is for those customers whose deposit is less than Rs 3 crore, whether it is a new or renewal of an old deposit. This offer will be applicable on both domestic and NRI term deposits.

Investment limit -

The minimum investment in this scheme can be made from Rs 1,000 (SBI FD investment limit) and there is no maximum investment limit. Interest can be received on a monthly, quarterly, or half-yearly basis. Investors also have the facility to take a loan on the amount deposited. This scheme gives investors various options according to their needs and provides them with an opportunity to earn good profits on their savings.

Effect of withdrawing money before maturity -

If you withdraw money before the maturity of this scheme, then you will have to pay a penalty of 0.50 percent (Amrit Vrishti Scheme maturity limit) on deposits up to Rs 5 lakh. If the investment amount in your account is between Rs 5 lakh and Rs 3 crore, then you will have to pay interest at the rate of 1 percent.

If you withdraw before 7 days, then you will not get any kind of interest on the withdrawn deposit. If an employee is a customer of SBI (State Bank of India FD) bank, then that person will be exempted from penalty i.e., he will not be charged any penalty.

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