SBI FD Schemes: Safe and Profitable Investment Options

Are you looking for safe and profitable investment options for your large savings? Look no further than the special Fixed Deposit (FD) schemes offered by the State Bank of India (SBI). These schemes are designed to provide good returns on your investment while ensuring the safety of your funds.

One such scheme is the SBI Amrit Kalash FD Scheme, which offers an attractive interest rate of 7.10 percent for a duration of 400 days. Investors can choose to receive interest payments quarterly, monthly, or half-yearly. However, early withdrawal may result in a deduction of 0.5 to 1 percent interest.

Another popular scheme is the SBI WeCare FD Scheme, which offers a competitive interest rate of 7.50 percent. Senior citizens can enjoy an additional 0.5 percent interest on their investments. The maturity period for this scheme ranges from 5 to 10 years.

For those looking for a slightly longer investment horizon, the SBI Amrit Varsha FD Scheme might be a suitable option. With a duration of 444 days and an interest rate of 7.25 percent, this scheme offers a good balance of returns and flexibility. Senior citizens can also benefit from an additional 0.50 percent interest.

If you prefer short-term investments with higher returns, the SBI Sarvottam FD Scheme could be the right choice for you. Offering an interest rate of 7.4 percent for a duration of 1 to 2 years, this scheme is ideal for depositing a large amount in a short period. Senior citizens can enjoy a higher interest rate of 7.60 percent.

In addition to these schemes, SBI offers a variety of other FD options to cater to different needs and budgets. Whether you are looking for long-term stability or short-term gains, SBI has a scheme that suits your investment goals. Make the most of your savings with these safe and profitable FD schemes from SBI.