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HomePersonal FinanceFixed Deposits Latest Rates: This bank are offering up to 9.50% interest...

Fixed Deposits Latest Rates: This bank are offering up to 9.50% interest on FD, know full details

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Unity Small Finance Bank FD interest rate: If you also want to earn a lot, that too from Fixed Deposit, then this bank is offering the most tremendous interest rate on FD.

New Delhi. Fixed Deposit ie FD has always been the safest investment option. Due to the low interest rate, the interest of the investors in this had reduced slightly. But still senior citizens think it is better to invest in fixed deposits. At the same time, due to the bumper increase in FD interest rates in the last few days, once again FD is becoming the first choice of every age person. Some banks are currently offering so much interest that people are leaving mutual funds and investing in them.

If you are also planning to invest in fixed deposits, then this news is very useful for you. While banks are generally offering 6 to 7 percent interest on Fixed Deposit (FD Rate), this bank is offering a bumper interest rate of 9.5 percent. The special thing is that along with savings, the facility of saving income tax is also available on FD.

Dhankuber became FD of this bank

Let us tell you that Unity Small Finance Bank is giving you a chance to earn big. That is, he is offering the most tremendous interest rate on FD. Unity Small Finance Bank has the highest interest on FD as compared to big banks. Unity Small Finance Bank (SFB) has changed its interest rates on fixed deposit schemes with investment amount less than Rs 2 crore.

who will get how much benefit

According to the bank, the bank is paying 4.50% to 9% interest rate on FDs with maturity ranging from 7 days to 10 years. At the same time, 9% interest is being given to ordinary citizens on FD of 1001 days and it has been announced to give interest up to 9.50% to senior citizens. According to the bank, 4.50% interest rate is being given on FDs maturing in 7 to 14 days and 4.75% interest rate on FDs maturing in 15 to 45 days. Unity Bank is offering 5.25% interest rate on FDs maturing in 46 to 60 days and 5.50% interest rate on FDs maturing in 61 to 90 days.

Interest rates on FD for senior citizens

The bank offers 0.50% higher rate of interest on FD investment to senior citizen customers as compared to general customers. For senior citizens, interest rate ranging from 4.5% to 9.50% is being given on FDs with a tenure between 7 days to 10 years. Senior citizens are getting an offer of 9.25 percent interest on 501-day FD and 9.50 percent interest on 1001-day FD.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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