State Bank of India (SBI) has reintroduced its special Fixed Deposit (FD) scheme, the SBI Amrit Kalash Scheme. This scheme offers investors a secure investment option with high interest rates and flexibility. It is designed for individuals who want to safeguard their savings while earning attractive returns. One of the key highlights of this scheme is its 400-day tenure and competitive interest rates. It is beneficial for both regular citizens and senior citizens. If you are interested in availing of this scheme, here is a complete guide with all the essential details. SBI Amrit Kalash Scheme 2025: Key Highlights The table below provides a brief overview of the scheme: Scheme NameSBI Amrit Kalash Scheme 2025Tenure400 DaysInterest RateRegular Citizens: 7.10% Senior Citizens: 7.60%Minimum Investment₹10,000Maximum InvestmentLess than ₹2 CrorePremature WithdrawalAvailable (With Penalty)Loan FacilityAvailableScheme ValidityUntil March 31, 2025 Benefits of SBI Amrit Kalash Scheme Investing in this scheme offers several advantages that set it apart from other FD schemes: Higher Interest Rates: Compared to regular FD schemes, this scheme provides better returns. Short-Term Investment: With a 400-day tenure, it is an ideal option for short-term investors. Premature Withdrawal: The deposited amount can be withdrawn before maturity if needed. Loan Facility: Investors can avail of loans against their deposit. Additional Benefits for Senior Citizens: Senior citizens receive an extra 0.50% interest rate. Who Can Apply? To apply for this scheme, you must meet the following eligibility criteria: Eligible Investors: Indian Residents Hindu Undivided Families (HUFs) Minors (Under Guardian Supervision) NRIs: Non-Resident Indians (NRIs) can invest through an NRO account. Required Documents To apply for the scheme, the following documents are required: Identity Proof: Aadhaar Card, PAN Card, or Passport Address Proof: Electricity Bill, Passport, or Aadhaar Card Recent Passport-Sized Photograph How to Apply for SBI Amrit Kalash Scheme? Applying for this scheme is a simple process. Here are the methods you can use: Visiting SBI Branch: Visit your nearest SBI branch. Fill out the application form and submit the required documents. Deposit your investment amount through cash, cheque, or online transfer. Through SBI YONO App: Download and log in to the SBI YONO app. Select the Fixed Deposit option and click on Amrit Kalash Scheme. Fill in the required details and complete the payment process. Using Internet Banking: Log in to SBI’s official website. Select the Fixed Deposit option and choose Amrit Kalash Scheme. Fill out the form and make an online payment. SBI Amrit Kalash Scheme vs. Other FD Schemes The table below compares SBI Amrit Kalash Scheme with other FD schemes: Scheme NameTenureRegular Interest RateSenior Citizen Interest RateSBI Amrit Kalash400 Days7.10%7.60%SBI WeCare FD5 Years or More6.20%6.70%Regular FD1-10 Years5.70% - 6.30%6.20% - 6.80% Taxation and Returns Interest earned under this scheme is subject to TDS (Tax Deducted at Source) under the Income Tax Act, 1961. Senior citizens can avail tax exemptions under Section 80TTB. Is This Scheme Right for You? If you are looking for a short-term investment option with high returns, the SBI Amrit Kalash Scheme can be a great choice. It is backed by a trusted financial institution (SBI) and offers both security and flexibility. SBI Amrit Kalash Scheme 2025 PDF - Click Here Disclaimer This article is for informational purposes only. Please consult a financial advisor before making any investment decisions. The SBI Amrit Kalash Scheme is an official scheme offered by SBI, with its validity extended until March 31, 2025.