This bank is offering 8.85% FD interest rate for senior citizens; offer valid till March 31, 2023 Customers can take advantage of a special 500-day anniversary FD rate
On the occasion of the bank's 5th anniversary, Jana Small Finance Bank is offering a special limited fixed deposit scheme which is applicable only between March 1 to March 31, 2023.Special anniversary FD rate
Customers can benefit from a special anniversary FD rate of 8.85% for senior citizen customers and 8.15% for regular customers under the new fixed deposit rates, with a term of 500 days.
Also read: Small Finance Bank FD interest rates compared: Who is offering the highest rate?
Jana Small Finance Bank FD interest rates
For fixed deposits that mature in 7–14 days, the bank offers an interest rate of 3.75% to the general public and 4.45% to seniors, while Jana Small Finance Bank (SFB) offers an interest rate of 4.25% to and 4.95% to seniors on deposits that mature in 15–60 days. For deposits with a tenor of 61 to 90 days, Jana Small Finance Bank (SFB) is giving an interest rate of 5.25% for the general public and 5.95% for senior citizens, and on deposits with a tenor of 91 to 180 days, the interest rate is 5.50% for regular customers and 6.20% for senior citizens. Deposits that mature in 181-364 days will now earn an interest rate of 7.00% and 7.70% for senior citizens, while those that mature in 1 year (365 days) or more will now earn a regular interest rate of 7.25% and 7.95% for senior citizens.
The bank will offer an interest rate of 8.10% and 8.80% for senior citizens on deposits maturing in 2 years to 3 years, 7.35% and 8.05%, respectively.
For deposits maturing in 5 Years, Jana SFB will now offer an interest rate of 7.25% for regular citizens and 7.95% for senior citizens. For deposits maturing in 5 Years [1825 Days] to 10 Years, the bank will give an interest rate of 6.00% to the general public and 6.70% for seniors.
Premature withdrawal of fixed deposit
The Interest rate applicable for premature closure will be lower of the rate for the original contracted tenure for which the deposit has been booked OR the rate as prevailing on the date of deposit for the tenure for which the of deposit has been in force with the Bank, as per the bank.
Jana Small Finance Bank RD rates
The bank has not revised the recurring deposit interest rates. The below rates are effective from February 1, 2023.
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This story originally appeared on: India Times - Author:Faqs of Insurances
