The SBI is one of the largest public service banks in India and is consistently known for its unique manufactured financial products that satisfy the needs of its customers. One of them is 400 Day FD, which is also known as Amrit Kalash FD.
It is a fixed deposit scheme designed to provide investors with only a short-term investment option of 400 days. In SBI 400 Day FD scheme, people of India can invest a specific amount and get interest on the deposits.
SBI 400 Day FD 2025
The SBI 400 Day FD is a unique investment plan provided by the State Bank of India (SBI), which is meant to provide reasonable returns to investors seeking short-term financial increases.
With a term of 400 days, this FD offers a chance to gain more interest rates than normal FDs. It is the best choice for people who want to park their money for a reasonably short time, and it provides security, assured return, and flexibility to select different options for the payment of interest.
SBI Amrit Kalash Scheme Overview
| Organization | State Bank of India |
| Scheme Name | SBI 400 Day FD (Amrit Kalash FD) |
| Tenure | 400 days |
| Minimum Deposit | ₹1000 |
| Interest Rate (PA) | 7.10% (General) & 7.60% (Seniors) |
| Application Deadline | 31st March 2025 |
| Premature Withdrawal | Allowed with a penalty |
| Interest Payment Options | Monthly, Quarterly, Annually, or at Maturity |
| Category | Latest News |
| Official Website | https://sbi.co.in/ |
SBI 400 Day FD (Amrit Kalash FD) Scheme Details
The SBI 400 Day Fixed Deposit (FD) falls under the Amrit Kalash FD Scheme, which was initially introduced between 15th February 2023 and 31st March 2023.
Because of its vast popularity, the State Bank of India (SBI) has extended the scheme up to 31st March 2025, giving more customers a chance to avail themselves of this unique investment facility.
With a tenure of 400 days, it is best suited for those who want short-term investment. The customer can avail of this FD from SBI branches, Internet Banking, or the YONO app. Premature withdrawal is permissible but at a penalty.
Amrit Kalash FD Interest Rates and Maturity Amounts
The FD scheme Amrit Kalash provides the public a respectable interest rate of 7.10% annually. Senior citizens have an extra interest rate of 0.50% per annum, which takes their interest rate to 7.60% per annum.
This benefit gives elderly citizens better returns on their investments. The principal value determines the FD’s maturity value, interest rate, and the frequency of compounding opted.
The ultimate maturity value for everyday investors could differ depending on the bank’s compounding strategy and other prevailing conditions at the time of investment. Here, we have shared the table, which gives you detailed information about the interest rates, amount, and tenure as follows:
| Principal Amount | Interest Rate | Tenure | Maturity Amount |
|---|---|---|---|
| 10,000 | 7.10% | 400 Days | 10,778 |
| 50,000 | 7.10% | 400 Days | 53,890 |
| 1,00,000 | 7.10% | 400 Days | 1,07,781 |
| 5,00,000 | 7.10% | 400 Days | 5,38,904 |
Eligibility for SBI 400 Day FD 2025
Residents must follow a specific requirement given by SBI bank to be a part of SBI 400 Day FD. The eligibility criteria will let the banks know that only valid applicants can use this scheme.
- Individuals living in India and minors are eligible for the program.
- They need to have permanent citizenship in India.
- The Hindu United Families can also invest in this scheme from their Karta.
- The scheme accepts new and renewal deposits representing the scheme’s flexible city.
- Non-resident Indians with Rupee term deposits can also claim this benefit.
- Individuals need to have a valid account with the SBI bank.
Validity of SBI 400 Day FD Scheme
The information we have shared about the SBI 400 Day FD is wholly based on facts and reports available. It is accurate and reliable for people to invest, start saving, and earn interest.
This scheme is applicable till 31st March 2025, which means people can invest till this date and will receive a matured amount.
Residents can also visit the official website of the SBI bank to learn about the latest details and instructions related to the program.
FAQs
What is the last date for applying for the scheme?
31st March 2025.
What is the given tenure of this scheme?
400 days.
Are non-resident Indians eligible for the program?
Yes, if they term with rupee deposits, they are eligible.