FD Rates of Unity Small Finance Bank: The Reserve Bank of India (RBI) increased the repo rate by 25 basis points in the February monetary policy meeting, after which the repo rate now stands at 6.50%. This is the highest level of the repo rate since August 2018. RBI has increased the repo rate by 250 basis points i.e. 2.50 percent in six times.
FD Rates of Unity Small Finance Bank: Now Unity Small Finance Bank is offering 9.50% interest on FD to senior citizens. At the same time, common people are getting 9 percent interest on this FD. That is, the customers have a good chance to earn. Senior citizens can earn 9.50% interest on FD. Customers are not getting this much interest in other safe saving options right now.
FD rates of Unity Small Finance Bank
Unity Small Finance Bank is now offering 9.5% per annum interest on certain FDs to senior citizens. Unity Bank is giving interest between 4.5% to 9% to general customers. Unity Small Finance Bank 9.5% interest is being offered to senior citizens on FDs of 181 and 501 days. However, 9% interest is being given to retail investors on this. Premature withdrawal of FD will get 1% less interest. These rates are available on FDs of less than Rs 2 crore. These rates will also help you fight inflation.
RBI increased repo rate rates
The Reserve Bank of India (RBI) increased the repo rate by 25 basis points in the February monetary policy meeting, after which the repo rate now stands at 6.50%. This is the highest level of the repo rate since August 2018. RBI has increased the repo rate by 250 basis points i.e. 2.50 percent in six times. After increasing the repo rate of RBI, now most of the banks are increasing their loan rates and interest on FD.
