Unity SFB FD Rates: Unity Small Finance Bank has revised its interest rates on fixed deposits of less than Rs 2 crore. The new rates are applicable from June 14, 2023, according to the Unity Small Finance Bank website.
On deposits with maturities ranging from 7 days to 10 years, the bank offers interest rates ranging from 4.50% to 9%. The general public can receive up to 9% on a deposit with a duration of 1001 days, while senior persons can earn up to 9.50%.
Unity SFB FD Rates
The bank offers a 4.50% interest rate on deposits maturing in the 7 to 14 days, and a 4.75% interest rate on deposits maturing in the next 15 to 45 days. Unity SFB offers a 5.25% interest rate on deposits having a tenor of 46 to 60 days, and a 5.50% interest rate on deposits with a tenor of 61 to 90 days.
Deposits maturing between 91 and 6 months will now yield 5.75%, while deposits maturing between 6 months and 201 days will earn 8.75%. According to Unity Small Finance Bank (SFB), the bank offers a 6.75% interest rate on deposits maturing in 202-364 days and a 7.35% interest rate on deposits maturing in 1 year to 500 days.
Unity Small Finance Bank (SFB) will pay interest on deposits with a tenor of 501 days at an annual rate of 8.75%; deposits with a tenor of 502 days to 18 months will pay interest at an annual rate of 7.35%.
Fixed deposits that mature in 18 months to 1000 days earn interest at a rate of 7.40%, while those that do so in 1001 days earn interest at a rate of 9%. The bank offers a 7.65% interest rate on deposits maturing in 1002 days to 3 years, 8.25% on 3 year to 5year and Unity SFB offers a 7.00% interest rate on deposits maturing in 5 years to 10 years.
Latest Unity SFB FD rates
| Tenure | General FD Rates | Senior Citizen FD Rates |
| % p.a. | % p.a. | |
| 7 – 14 Days | 4.50% | 4.50% |
| 15 – 45 Days | 4.75% | 4.75% |
| 46 – 60 Days | 5.25% | 5.75% |
| 61 – 90 Days | 5.50% | 6.00% |
| 91 – 164 Days | 5.75% | 6.25% |
| 165 Days – 6 Months | 5.75% | 6.25% |
| > 6 Months – 201 Days | 8.75% | 9.25% |
| 202 – 364 Days | 6.75% | 7.25% |
| 1 Year | 7.35% | 7.85% |
| 1 Year 1 day | 7.35% | 7.85% |
| > 1Year 1 day – 500 days | 7.35% | 7.85% |
| 501 Days | 8.75% | 9.25% |
| 502 Days – 18 Months | 7.35% | 7.85% |
| > 18 Months – 1000 Days | 7.40% | 7.90% |
| 1001 Days | 9.00% | 9.50% |
| 1002 Days – 3 Year | 7.65% | 8.15% |
| > 3 Year – 5 Year | 8.25% | 8.75% |
| > 5 Year – 10 Year | 7.00% | 7.50% |
Senior citizen FD rates
The bank offers 0.50% higher interest rate to senior citizen customers. The interest rate ranges from 4.5% to 9.50% for tenure between 7 days to 10 years.
Premature withdrawal
For premature withdrawal of fixed deposit and recurring deposits, a premature penalty of 1.00% shall be charged to the rate applicable for the period the deposit has remained with the bank, or the contracted rate, whichever is lower, according to the website.
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