Fixed deposits have forever been one of the secure and dependable investment avenues for Indians, Without a doubt, normal FDs may actually seem like the best choice yet every now and again various fixed deposit plans that acquire simply more than typical FDs are initiated by banks. One of the schemes is SBI Amrit Kalash Scheme.
Even during 2025, SBI still offers this scheme for a small period with an attractive interest rate fetching orders from even normal as well senior citizen investors. In this CoinDCX News story; you get to read all the details–from Amrit Kalash SBI interest rate, eligibility, advantages also through –to the last date of SBI Amrit Kalash Scheme.
Table of Contents
What is the SBI Amrit Kalash Scheme?
The SBI Amrit Kalash Yojna is a unique deposit scheme introduced by the State Bank of India for 400 days.
- Target Audience: Both new and existing SBI customers.
- Availability: Offered for a limited period only.
- Key Feature: Higher interest rates than regular SBI fixed deposits of similar tenure.
Unslike a normal FD, where the facility is available for different tenures, Amrit Kalash SBI has a determined return period making it perfect for investors who want higher returns on short-term without long-term locking in.
SBI Amrit Kalash Scheme Interest Rate 2025 – Latest Update
For 2025, the Amrit Kalash SBI interest rate is:
- Regular Citizens: Around 7.10% per annum
- Senior Citizens: Around 7.60% per annum
This is 0.10%–0.20% higher than regular SBI fixed deposits for similar durations.
Example of Returns
If you invest ₹5 lakh in the SBI Amrit Kalash Scheme for 400 days:
- Regular Citizen: ₹5,38,904 (approx.) maturity value.
- Senior Citizen: ₹5,41,315 (approx.) maturity value.
SBI Amrit Kalash Scheme Last Date
This is a limited-time offer, so SBI announces the closing date for new investments. If you miss the SBI Amrit Kalash Scheme last date, then you cannot avail of special interest rate and will be required to opt for the regular FD.
SBI, in 2025 is likely to keep the logic similar for this scheme until the announced deadline —it also may extend it further if demand is much greater. Disclaimer: Do check the latest updates from SBI’s official channels before making an investment.
Eligibility for the SBI Amrit Kalash Scheme
You can open an Amrit Kalash SBI deposit if you are:
- An Indian resident (individual or joint)
- A senior citizen (60 years and above)
- An NRI (through NRO accounts only)
- A minor (with a guardian)
Benefits of SBI Amrit Kalash Scheme
- Higher Returns: Better than regular FD interest rates for the same risk level.
- Short-Term Lock-In: Fixed 400-day tenure suits those who don’t want long-term commitments.
- Senior Citizen Advantage: One of the highest FD rates SBI offers to senior citizens.
- Safety: Being backed by SBI, your investment is secure and covered under DICGC insurance.
- Loan Facility: You can avail a loan against your deposit in case of emergencies.
How to Apply for SBI Amrit Kalash Scheme
You can open an SBI Amrit Kalash Scheme FD in multiple ways:
- Online via SBI Internet Banking – Log in, select “Term Deposits” and choose the Amrit Kalash option.
- SBI YONO App – Quick and paperless application.
- SBI Branch – Visit the nearest branch and fill out the FD form.
Amrit Kalash SBI vs Regular Fixed Deposit
| Feature | SBI Amrit Kalash Scheme | Regular SBI FD |
| Tenure | Fixed 400 days | 7 days to 10 years |
| Interest Rate (General) | ~7.10% | 3% – 7% |
| Interest Rate (Senior Citizens) | ~7.60% | 3.50% – 7.50% |
| Flexibility | Limited | High |
| Availability | Limited-time | Year-round |
Taxation on SBI Amrit Kalash Scheme
- Interest earned is fully taxable as per your income tax slab.
- TDS applies if annual interest exceeds ₹40,000 (₹50,000 for senior citizens).
- This scheme does not qualify for tax deduction under Section 80C, unlike 5-year tax-saving FDs.
Risks & Limitations
- No Tenure Flexibility: You must stick to the 400-day period.
- Deadline Pressure: Miss the SBI Amrit Kalash Scheme last date and you lose the offer.
- Taxable Interest: Returns are taxed at your slab rate.
Who Should Invest?
- Best For:
- Investors seeking slightly better returns than regular FDs.
- Senior citizens looking for higher interest.
- Those with surplus funds for short-term locking.
- Investors seeking slightly better returns than regular FDs.
- Avoid If:
- You want tenure flexibility.
- You need tax-saving benefits.
- You want tenure flexibility.
CoinDCX News Verdict
SBI Amrit Kalash Scheme is best suited to investors with lower risk appetite for short term higher returns than the regular FDs. 2025 Amrit Kalash SBI interest rate is still highly competitive, so it’s a good investment for regular and senior citizens — but only if you invest before the SBI Amrit Kalash Scheme last date.
FAQs – SBI Amrit Kalash Scheme Interest Rate 2025
Q1. What is the SBI Amrit Kalash Scheme?
A special 400-day fixed deposit scheme by SBI offering higher interest rates than regular FDs.
Q2. What is the SBI Amrit Kalash Scheme last date?
It’s a limited-time offer, and the last date is announced by SBI.
Q3. What is the Amrit Kalash SBI interest rate for 2025?
Around 7.10% for regular citizens and 7.60% for senior citizens.
Q4. Can NRIs invest in the SBI Amrit Kalash Scheme?
Yes, but only through NRO accounts.
Q5. Can I apply for Amrit Kalash SBI online?
Yes, via SBI Internet Banking or YONO app.
Q6. Is premature withdrawal allowed?
Yes, but with applicable penalty charges.
Q7. How is this scheme better than a regular FD?
It offers higher interest for the same risk and tenure.
Q8. Is interest from the Amrit Kalash SBI taxable?
Yes, it is taxed according to your income slab.
Q9. Does this scheme qualify for tax-saving benefits?
No, it does not qualify under Section 80C.
Q10. What happens if I miss the last date?
You’ll have to opt for a regular FD at standard rates.