Bank FD Interest Rate: Suryoday Small Finance Bank is offering interest rates ranging from 4 percent to 9.01 percent to common citizens on FD. At the same time, the bank is offering interest rates ranging from 4.50 percent to 9.25 percent to senior citizens.
Bank FD Interest Rate: The biggest power that senior citizens have is their savings, hence they look for ways of investment where they can get guaranteed and better returns. For most senior citizens, fixed deposit i.e. FD is an excellent means of investment. Generally, Small Finance Banks offer higher interest on FD as compared to big government and private banks. Recently Suryoday Small Finance Bank has increased its interest rates on FD.
Bank FD Interest Rate: Suryoday Small Finance Bank (SSFB) has increased the interest rates on FDs of select tenures with amounts less than Rs 2 crore. The bank has increased the interest rate on 25 month FD by 0.41 percent. The new interest rates of Suryoday Small Finance Bank have become effective from March 1, 2024.
Bank FD Interest Rate: Interest rate increased from 4 percent to 9.25 percent
After this change, now Suryoday Small Finance Bank is offering interest rates ranging from 4 percent to 9.01 percent on FD to common citizens. At the same time, the bank is offering interest rates ranging from 4.50 percent to 9.25 percent to senior citizens.
Bank FD Interest Rate: Interest rate up to 7.75 percent on savings account
The bank is also offering interest rates up to 7.75 percent to its savings account customers in the slab of Rs 5 to Rs 25 crore.
Bank FD Interest Rate: Suryoday Small Finance Bank FD Rates (Less than Rs 2 Crore)
- 7 days to 14 days: For general public – 4.00 per cent; For senior citizens – 4.50 percent
- 15 days to 45 days: For general public – 4.25 percent; For senior citizens – 4.75 percent
- 46 days to 90 days: For general public – 4.50 per cent; For senior citizens – 5.00 percent
- 91 days to 6 months: For general public – 5.00 per cent; For senior citizens – 5.50 percent
- Above 6 months – 9 months: For general public – 5.50 percent; For senior citizens – 6.00 percent
- Above 9 months – Less than 1 year: For General Public – 6.00 per cent; For senior citizens – 6.50 percent
- 1 year: For general public – 6.85 percent; For senior citizens – 7.35 percent
- Above 1 year – 15 months: For general public – 8.25 percent; For senior citizens – 8.75 percent
- Above 18 months – 2 years: For general public – 8.50 percent; For senior citizens – 9.00 percent
- Above 2 years – 2 years 1 day: For general public – 8.60 per cent; For senior citizens – 9.10 percent
- 2 years 2 days: For general public – 8.65 percent; For senior citizens – 9.10 percent
- 2 years 3 days to less than 25 months: For general public – 8.60 percent; For senior citizens – 9.10 percent
- 2 years 1 month (25 months): For general public – 9.01 percent; For senior citizens – 9.25 percent
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