State Bank of India (SBI), the country's largest state-owned bank, is running many schemes keeping in mind the needs of its customers. Recently SBI started Amrit Rain Scheme. There are also several other lucrative schemes. Which scheme might be better for you? Let's find out.

SBI Amrit Kalash Scheme

This is a special project of SBI. 400 days FD is earning 7.10% interest. According to the bank's website, anyone can invest in the Amrit Kals special scheme within a period of 400 days and get guaranteed returns. According to SBI Bank, investors in Amrit Kals FD can earn monthly, quarterly and half-yearly interest. If Amrit Kals withdraws the amount deposited in the FD before 400 days, the bank may deduct interest rate of 0.50% to 1% less than the applicable rate as penalty.

SBI WeCare FD Scheme

Wicare offers the best interest in FD schemes. The bank offers 0.50 percent more interest than general customers on any FD to senior citizens. 7.50 percent interest is being paid in this scheme. Investment under this scheme can be made for a minimum of 5 years and a maximum of 10 years.

SBI Amrit Vrishti FD Scheme

This new scheme of SBI is effective from 15th July. This scheme is offering interest rate of 7.25 percent per annum on 444 days deposit. Also, SBI will give an additional 0.50 percent interest to senior citizens. You can invest upto Rs 3 Crore in this FD.

SBI Sarvottam scheme

The biggest advantage of this scheme of SBI is that you can get huge amount of money in a short period of time. In this scheme of SBI, customers are getting 7.4% interest on 2 year FD. Senior citizens are getting 7.90 percent interest in this scheme. 7.10 percent interest for one year investment and 7.60 percent interest for senior citizens. But 8.14 percent on two-year term deposits. SBI is offering 7.77 percent for 1 year and 7.61 percent for senior citizens on deposits between Tk 2 crore and Tk 5 crore.