FD interest rate up to 9.10%: This bank hikes fixed deposit interest rates by 41 bps; Check details here The bank is offering rates up to 8.60% for general customers and 9.10% for senior citizens on select tenures
Suryoday Small Finance Bank (SSFB) has taken a distinctive step by revising its Fixed Deposit (FD) interest rates upward for deposits less than Rs 3 crore, defying the prevailing trend of rate reductions among major banking institutions.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
#Operation Sindoor
The damage done at Pak bases as India strikes to avenge Pahalgam
Why Pakistan pleaded to end hostilities
Kashmir's Pahalgam sparks Karachi's nightmare
Suryoday Small Finance Bank has increased rates by up to 41 basis points (bps) for select tenures, notably on the 25-month slab. Post-revision, general customers will earn FD rates ranging from 4% to 8.60%, while senior citizens enjoy rates from 4.5% to 9.10%, according to the bank’s press release.
Post office vs bank FD: Highest 3-year interest rate on fixed deposit for Rs 5 lakh investment in 2025
Even though major banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, and smaller lenders like Shivalik Small Finance Bank and Utkarsh Small Finance Bank have lowered their fixed deposit (FD) interest rates in response to the Reserve Bank of India's (RBI) recent 25 basis point repo rate cut, Suryoday Small Finance Bank is the only one that has raised its FD rates.
Bank of Baroda, Kotak Mahindra Bank revise FD interest rates: Check latest rates in May 2025
a:hover{text-decoration:none;} .liveEventMain_widget{margin-top:15px;padding-top:24px;border-top:2px solid #000;position:relative;font-family:Montserrat;} .liveEvent_slider{position:relative;overflow:hidden;} .liveEvent_slider ul{white-space:nowrap;list-style:none;margin-top:12px;} .liveEvent_slider ul.sliderContainer{margin-bottom:30px;} .liveEvent_slider ul li{white-space:normal;width:282px;vertical-align:top;display:inline-block;margin-right:12px;border-radius:12px;box-shadow: 0px 4px 12px 0px #2407461F;background-color:#fff;overflow: hidden;} .images_wrap{position:relative;} .images_wrap .cover_img{object-fit:cover;object-position:center;border-top-left-radius:4px;border-top-right-radius:4px;} .images_wrap .author_img{position:absolute;left:10px;top:13px;border-radius:10px;} .images_wrap::before{background-image: linear-gradient(180deg, rgba(11, 11, 46, 0) 20.31%, rgba(11, 11, 46, .6) 61.46%, #0b0b2e);content: "";height: 100%;left: 0;position: absolute;right: 0;width: 100%;} .liveEventMain_widget .details{padding:12px;} .liveEventMain_widget .category{font-size:12px;line-height:14px;font-weight:700;color:#6a11b0;margin-bottom:8px;} .liveEventMain_widget .course_name{font-size:16px;line-height:20px;font-family:Faustina;-webkit-line-clamp:2;overflow:hidden;height:40px;display:-webkit-box;-webkit-box-orient:vertical;font-weight:600;color:#000;} .liveEventMain_widget .details .author_name{font-size:13px;line-height:16px;color:#333;font-weight:400;margin-top:4px;-webkit-line-clamp:2;overflow:hidden;height:32px;display:-webkit-box;-webkit-box-orient:vertical;} .liveEventMain_widget .view{border: 1.5px solid #D51131; display: block; padding: 8px 0; text-align: center; border-radius: 4px; font-size: 14px; line-height: 16px; color: #D51131; margin-top: 12px; width: 100%; font-family: Montserrat; font-weight: 600; cursor: pointer;} .liveEventMain_widget .view span{display: inline-block; width: 6px; height: 6px; border-top: 1.5px solid #ed193b; border-left: 1.5px solid #ed193b; transform: rotate(90deg); position: relative; left: 5px; top: -2px;} .liveEventMain_widget .view span::after{content: ''; display: inline-block; width: 11px; border-top: 1.5px solid #ed193b; transform: rotate(45deg); position: absolute; top: 3px; left: -2px;} .liveEventMain_widget .arrow_btn{width: 26px; height: 25px; position: absolute; z-index: 11; background-size: 312px; cursor: pointer;} .liveEventMain_widget .nextprev-btn{display:inline-block;width: 100%; position: absolute; top: 59%;} .liveEventMain_widget .prev-btn{background-position: -212px -2px;left: -12px;} .liveEventMain_widget .next-btn{background-position: -241px -2px; right: -3px;left:unset;} .liveEventMain_widget .arrow_btn.disable{opacity:0.5;} .liveEventMain_widget .ts-dots{display:inline-block;position:absolute;top:34px;right:10px;} .liveEventMain_widget .ts-dots ul{display:inline-block;} .liveEventMain_widget .ts-dots li{width:7px;height:7px;border-radius:50%;background-color:#cdcdcd;margin:0 2px;display:inline-block;} .liveEventMain_widget .ts-dots li span{display:none;} .liveEventMain_widget .ts-dots li.active{background-color:#ed193b;} .liveEventMain_widget .topContain { display: flex; align-items: center; gap: 6px; } .liveEventMain_widget .topContain .imgBox { max-width: 40px; } .liveEventMain_widget .topContain .logoTitle { font-family: "Montserrat", "Verdana"; font-weight: 700; font-size: 20px; line-height: 100%; } .liveEventMain_widget .topContain .logoSubTitle{ position: relative; font-size: 18px; font-weight: 500; line-height: 1.2; color: #747474; margin-left: 24px; } .liveEventMain_widget .topContain .logoSubTitle:before{ content:''; position: absolute; left: -13px; top: 0; width: 1px; height: 100%; background-color: #838383; } .liveEventMain_widget .liveEvent_slider .liveEventCardContainer{ } .liveEventMain_widget .liveEvent_slider .liveEventCardContainer .liveEventCard{ display: flex; } .liveEventMain_widget .liveEvent_slider .liveEventCardContainer .liveEventCoverImg{ }
Live Events
Regular Suryoday Small Finance Bank customers get 8.60% per annum on 5-year and 1001-day tenures, and 8.00% for deposits between 1 year and 15 months.
Senior citizens benefit from up to 9.10% on 5-year FDs and a 9.42% annualized yield on tax-saving FDs. Recurring Deposits (RDs) also offer up to 8.60% for 5 years, after the latest revision.
Latest Suryoday Small Finance Bank FD rates
Period
Interest Rate (Per Annum)Senior Citizen Rate (Per Annum)7 Days to 14 Days4.00%4.50%15 Days to 45 Days4.25%4.75%46 Days to 90 Days4.50%5.00%91 Days to 6 Months5.00%5.50%6 Month 1 Day7.25%7.75%Above 6 Month 1 Day to 9 Months5.50%6.00%Above 9 Months to less than 1 Year6.00%6.50%1 Year*7.90%8.40%Above 1 Year upto 15 Months8.00%8.50%Above 15 Months to 18 Months8.25%8.75%Above 18 Months to 2 Years8.10%8.60%Above 2 Years to 30 Months8.15%8.65%Above 30 Months to 36 Months8.40%8.90%Above 3 Years to less than 5 Years6.75%7.25%5 Years8.60%9.10%Above 5 Years to 10 Years7.25%7.75%Source: Bank website
RD interest rates
Period
Interest Rate (Per Annum)Senior Citizen Rate# (Per Annum)6 Months5.00%5.50%9 Months5.50%6.00%12 Months7.90%8.40%15 Months8.00%8.50%18 Months8.25%8.75%21 Months8.10%8.60%24 Months8.10%8.60%27 Months8.15%8.65%30 Months8.15%8.65%33 Months8.40%8.90%36 Months8.40%8.90%Above 3 Years to less than 5 Years6.75%7.25%5 Years8.60%9.10%Above 5 Years to 10 Years7.25%7.75%11 Years - 25 Years*6.36%6.36%
Are small finance banks safe to invest in?
All Suryoday Small Finance Bank FDs are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC) up to Rs 5 lakh per depositor, ensuring safety and reliability.
#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
This story originally appeared on: India Times - Author:Faqs of Insurances
