Unity Small Finance Bank is giving 9% interest to general customers on 1001 days fixed deposits. At the same time, senior citizens are being given an interest rate of 9.5% on FDs of this duration.
There has been a sharp increase in the interest rates of Fixed Deposits (FD) in the last one year. Many small finance banks are offering more than 9% interest on fixed deposits. One such bank is Unity Small Finance Bank. The bank has revised its interest rates on fixed deposits of less than Rs 2 crore. The new interest rates of Unity Small Finance Bank will be effective from June 14, 2023.
Up to 9.5% interest on 1001 days Fixed Deposit
Unity Small Finance Bank is offering interest ranging from 4.50 to 9% on fixed deposits with maturities ranging from 7 days to 10 years. Unity Small Finance Bank is giving 9% interest to general customers on 1001 days fixed deposits. At the same time, senior citizens are being given an interest rate of 9.5% on FDs of this duration.
FD Rates of Unity Small Finance Bank
Unity Small Finance Bank is paying 4.50% interest on Fixed Deposits of 4 days to 14 days. At the same time, the bank is giving 4.75% interest on FDs ranging from 15 days to 45 days. Unity Small Finance Bank is paying 5.25% interest on deposits ranging from 46 days to 60 days. At the same time, the bank is paying 5.50% interest on FDs ranging from 61 days to 90 days. Interest is being received at 5.75% on FDs ranging from 91 days to 6 months and 8.75% on FDs ranging from 6 months to 201 days.
8.75% interest on 501 day Fixed Deposit
The bank is paying 6.75% interest on FDs of 202 days to 364 days. At the same time, the bank is paying 7.35% interest on FDs ranging from 1 year to 500 days. Unity Small Finance Bank is paying 8.75% interest on 501 days fixed deposit. While the bank is paying 7.35% interest on FDs ranging from 502 days to 18 months. The bank is offering an interest of 7.40% on fixed deposits ranging from 18 months to 1000 days.
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