Introduction to SBI FD Special Amrit Deposit scheme is a special fixed deposit scheme introduced by the State Bank of India (SBI) which intends to offer high returns on the amount invested for a short period. Created for those who are in need of assured and secure interest gains, this plan has managed to win the trust of senior citizens, salary employees and risk-averse investors.

In this comprehensive post, we’ll analyse in detail the SBI Amrit Kalash Fixed Deposit plan including interest rate, tenure, eligibility criteria, features & benefits of investing in it and taxation aspects, along with the step-by-step investment process.

What is SBI Amrit Kalash FD Scheme?

SBI Amrit Kalash FD Scheme is a unique term deposit, which the State Bank of India offers for a specific duration of 400 days. This variant of regular fixed deposit comes with a higher interest rate for a specific tenure, so it can be an appealing proposition for those wanting to safely park their surplus funds.

This FD scheme is suitable for investors, who are looking to earn better returns than regular savings account without any risk of the market.

SBI Amrit Kalash FD Scheme Highlights

Feature	Details
Scheme Name	SBI Amrit Kalash Fixed Deposit
Bank	State Bank of India (SBI)
Tenure	400 days
Investment Type	Special Term Deposit
Risk Level	Very Low
Availability	Limited Period
Premature Withdrawal	Allowed with penalty
Loan Against FD	Available

SBI Amrit Kalash FD Interest Rates (2025)

Interest rate offered is the biggest crowd puller of the SBI Amrit Kalash FD scheme.

Latest Interest Rates:

• General Public: 7.10% per annum
• Senior Citizens: 7.60% per annum

Note: Interest rates are liable to change as per RBI directives and SBI notifications.

This gives higher rates than most of the normal SBI FDs, so Amrit Kalash can be a preferred choice for short to medium term investors.

Tenure of SBI Amrit Kalash FD

The tenure of the SBI Amrit Kalash FD is 400 days exactly.

This special tenor will let SBI retain flexibility for depositors to redeem their deposits at higher interest even before maturities are over.

Who should invest in SBI Amrit Kalash FD Scheme?

The scheme is suitable for:

• Salaried / regular income group who are looking for predictable returns
• Older people who want to boost their interest income
• Retired professionals
• Risk-averse investors
• Individuals with surplus short-term funds
• Investors whose portfolios need diversification

Eligibility Criteria for SBI Amrit Kalash FD 

The SBI Amrit Kalash Fixed Deposit can be invested in under the following eligibility clauses:

• Resident Indian individuals
• Seniors (60+ years)
• Joint account holders
• Hindu Undivided Families (HUFs)
• NRIs (depending on SBI guidelines)

Minimum and Maximum Investment Amount

• Minimum Deposit: ₹2,000
• Maximum Deposit: No upper limit

This openness creates opportunity for everyone — down to the smallest of investors, up through major speculators.

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key Benefits of SBI FD Scheme:

1.Higher Interest Rates

The SBI Amrit Kalash FD pays higher returns when compared to standard fixed deposits, and that too, especially for senior citizens.

2.Safety and Security

With the backing of the State Bank of India, it is a very secure investment.

3.Fixed Returns

The returns are solid and haven’t been impacted by market volatility.

4.Senior Citizen Advantage

It helps for retirement planning as Senior citizens get extra interest benefit.

5.Loan Facility

Investors can take a loan or overdraft against the FD, thus making it liquid during times of need.

6.Flexible Interest Payout

Interest can be paid:

• Monthly
• Quarterly
• At maturity

Premature Withdrawal Rules

Premature exit is also available on the SBI Amrit Kalash FD scheme, though under the extant rules of SBI, certain charges may apply.

• Interest to be re-calculated at the forward rate for the period actually held.
• Penalties are subtracted before being paid out

Tax on SBI Amrit Kalash FD

Interest income is taxable as per Income Tax Act, 1961.

Key Tax Points:

• Interest income is to be clubbed in your total income.
• TDS will apply, if the interest exceeds
  • ₹40,000 (General investors)
  • ₹50,000 (Senior citizens)
• If eligible, Investors can file Form 15G/15H to eliminate TDS

SBI Amrit Kalash FD vs Regular SBI FD

Feature	Amrit Kalash FD	Regular SBI FD
Interest Rate	Higher	Standard
Tenure	400 days	Flexible
Availability	Limited Period	Always
Returns	Better	Moderate
Risk	Low	Low

How to invest in SBI Amrit Kalash FD scheme?

Online Mode (Net Banking / YONO App)

• Go to SBI Net Banking or YONO App
• Select Fixed Deposit
• Choose SBI Amrit Kalash FD
• Enter deposit amount
• Select interest payout option
• Confirm and submit

Offline Method (Branch Visit)

• Visit your nearest SBI branch
• Complete the Online FD Application Form
• Submit KYC documents
• Deposit the amount
• Collect FD receipt

Documents Required

• Aadhaar Card
• PAN Card
• Address Proof
• Passport-size photographs

Is SBI Amrit Kalash FD Safe?

Yes, the SBI Amrit Kalash Fixed Deposit plan is one of the safest investments in India. SBI is a Govt.-owned bank and gives the comfort of capital protection and good returns as well.

SBI Amrit Kalash FD for Senior Citizens.

What makes this scheme perfect for the following: Senior Citizens Get extra interest benefits and so seniors are number one in the profile.

• Pension income planning
• Regular interest earnings
• Capital safety

Important Points to Remember

• It is not online forever!
• Interest rates may change anytime
• Premature withdrawal attracts penalty
• You cannot claim under Section 80C for tax benefits

Final Verdict: Should You Invest in SBI Amrit Kalash FD?

If you are looking for a safe, short-term investment with higher returns than regular fixed deposits, the SBI Amrit Kalash FD Scheme is an excellent choice. With the trust of SBI, fixed tenure, and attractive interest rates, this scheme is ideal for both general investors and senior citizens.

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