Suryoday Small Finance Bank has increased the interest rates for fixed deposits. For senior citizens, the bank is offering 7.99 per cent interest rate on fixed deposits of Rs 2 crore or more for a tenure of 999 days.
New Delhi. Suryoday Small Finance Bank has increased the interest rates for fixed deposits. Many banks have already increased their interest rates after the RBI hiked the repo rates by 0.40 per cent. Suryoday Small Finance Bank is the only small finance bank in Maharashtra which has got a license from Reserve Bank of India.
The new interest rates on Suryoday Small Finance Bank FD will be effective from June 6. The bank has shared information related to this in one of its press releases. For senior citizens, the bank is offering 7.99 per cent interest rate on fixed deposits of Rs 2 crore or more for a tenure of 999 days. This interest rate will be available only to those whose age is more than 60 years. Apart from this, retired individuals above this age will also get this interest rate. There is also a condition that the person should have Indian citizenship.
No one gives this much return
if we talk about this bank, then it is the bank that gives the highest interest rate on FD. All other banks offer less interest rate than this. Suryoday Small Finance Bank has announced to increase the interest rates of FD this time at a time when it is understood that RBI may increase the repo rates again to control inflation.
Along with this, it has also been informed that to take advantage of this scheme, you can talk to your nearest Suryoday Small Finance Bank branch or you can get information by calling 1800-266-7711. Remember that these interest rates change from time to time.
How much interest on deposits above 2 crores
- 7 days to 14 days: for common people – 3.25 percent; For senior citizens – 3.75 percent
- 15 days to 45 days: for common people – 3.25 percent; For senior citizens – 3.75 percent
- 46 days to 90 days: for common people – 4.25 percent; For senior citizens – 4.75 percent
- 91 days to 6 months: for common people – 4.75 percent; For senior citizens – 5.25 percent
- more than 6 months to 9 months: for the general population – 5.25 percent; For senior citizens – 5.75 percent
- More than 9 months to less than 1 year: for the general population – 5.75 percent; For senior citizens – 6.25 percent
- 1 year to 1 year 6 months: for the general public – 6.50 percent; For Senior Citizens – 7.00 percent
- 1 year 6 months to less than 2 years: for the general population – 6.50 percent; For Senior Citizens – 7.00 percent
- More than 2 years to 998 days: for ordinary people – 7.00 percent; For senior citizens – 7.50 percent
- 999 days: for common people – 7.49 percent; For senior citizens – 7.99 percent
- 1000 days to 3 years: for common people – 7.00 percent; For senior citizens – 6.80 percent
- For more than 3 years and less than 5 years: for ordinary people – 6.50 percent; For Senior Citizens – 7.00 percent
- for 5 years: for ordinary people – 6.75 percent; For senior citizens – 7.25 percent
- From 5 years or more to 10 years: for the general public – 6.00 percent; For Senior Citizens – 6.50 percent
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