FD interest rate: This bank is giving up to 9% return on fixed deposits. Check details

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Home / Money / Personal Finance /  FD involvement rate: This slope is giving up to 9% instrumentality connected fixed deposits. Check details

2 min read . Updated: 18 Mar 2023, 02:08 PM IST

Asit Manohar

 This slope  is offering 8.75 per cent FD rates connected  181 to 201 days tenure.Premium Fixed deposit involvement rate: This slope is offering 8.75 per cent FD rates connected 181 to 201 days tenure.
  • Fixed deposit involvement rate: This slope is offering wide FD for 3 tenors — 181 to 201 days, 501 days and 1001 days

FD involvement rate: In FY23, slope fixed deposit (FD) involvement rates person risen from astir 5.5 per cent to mean 7 per cent. Thanks to precocious involvement complaint authorities that Reserve Bank of India (RBI) Governor Shaktikanta Das had to follow to incorporate inflation. However, successful this precocious involvement complaint regime, immoderate banks are giving instrumentality connected deposits that are higher than Public Provident Fund (PPF) involvement complaint of 7.10 per cent per annum. Unity Small Finance Bank is 1 specified bank, which is giving FD involvement complaint up to 9 per cent for wide depositors. For elder national slope FD relationship holders, determination is an further 50 bps involvement complaint fixed that means a elder national fixed deposit relationship holder astatine this slope is getting up to 9.50 per cent instrumentality annually.

Bank FD instrumentality for nationalist successful general

As per the accusation disposable connected website of Unity Small Finance Bank, the backstage lender is offering wide FD complaint of 8.75 per cent connected fixed deposits for 181-201 days tenure. On wide fixed deposits for 501 days, FD rates offered by this slope is 8.75 per cent. However, connected fixed deposits for 1001 days tenure, Unity Small Finance Bank is offering 9 per cent fixed deposit involvement rate.

Senior national FD rates

Like immoderate different banks, Unity Small Finance Bank is offering an further 50 bps involvement complaint connected slope fixed deposits belonging to elder citizens. This means, if a elder national opens a fixed deposit relationship successful Unity Small Finance Bank for tenor 181 to 201 days and 501 days, FD complaint offered for the elder national is 9.25 per cent per annum. However, connected a elder national fixed deposit relationship for 1001 days tenure, fixed deposit complaint offered by this slope is 9.50 per cent.

See Unity Small Finance Bank FD rates below:

 Courtesy Unity Small Finance Bank website

View Full Image

Photo: Courtesy Unity Small Finance Bank website

So, Unity Small Finance Bank is offering wide FD complaint up to 9 per cent and successful lawsuit of a elder citizen, fixed deposit involvement complaint is up to 9.50 per cent per annum.

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