Ujjivan SFB offers general customers the highest FD interest rate of 8.25% for a 12-month tenure, while senior citizens can enjoy an even more attractive rate of 8.75% for the same duration
FD interest rate up to 8.75%: Ujjivan Small Finance Bank hikes fixed deposit rate on this tenure by 50 bps
Ujjivan Small Finance Bank has announced an increase in the interest rate for its 9-month fixed deposits to 7.5%. Senior citizens will continue to enjoy an additional 0.50% on top of the regular fixed deposit rates, as stated in the bank's press release.
Highest interest rate
Ujjivan SFB offers general customers the highest FD interest rate of 8.25% for a 12-month tenure, while senior citizens can enjoy an even more attractive rate of 8.75% for the same duration.
Earn up to 8.50% FD rate: SBI, HDFC Bank, ICICI Bank, Canara Bank, PNB, Yes Bank latest FD interest rates
Platina FD rates According to the bank website, “Platina FD is a non-callable deposit product. Part closure and pre-closure facilities are not available. Auto-Renewal facility will also not be available for this scheme. Deposit amount should be above Rs 1 crore and below Rs 3 crores, Tenures ranges from 12 months to 60 months with Interest pay-out options like monthly, quarterly and at maturity. Platina deposits are available for Non-individuals and for all individuals including NR customers. However, the senior citizen additional rate will not be applicable for Platina deposits.”
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Below mentioned are the Interest Rates with Effect from 13th Sep 2024
Tenure
Interest Rate (p.a.) (Under ₹ 3 Crores)
12 Months
8.45%
12 Months 1 Day to 560 Days(80 weeks)
8.20%
561 Days to 990 Days
7.95%
991 Days to 60 Months
7.40%
Domestic Fixed Deposits And Sampoorna Nidhi
Tenure
Interest Rate (p.a.) (Under ₹ 3 Crores)
7 days to 29 days
3.75%
30 days to 89 days
4.25%
90 days to 179 days
4.75%
6 months to < 9 months
7.00%
9 months
7.50%
9 months 1 day to <12 months
7.00%
12 months
8.25%
12 months 1 day to 560 days(80 weeks)
8.00%
561 days to 990 days
7.75%
991 days to 60 months
7.20%
60 months 1 day to 120 months
6.50%
Additional Interest Rate for Senior Citizens
0.50%
This story originally appeared on: India Times - Author:Faqs of Insurances