This bank has made a big announcement for senior citizens today because the bank is giving the highest interest on FD to senior citizens.
Fincare Small Finance Bank FD Rates: Fincare Bank has announced the highest interest rate of up to 9.01 per cent on FD investment for senior citizens. The new interest rates have been made effective from March 24.
Since the RBI repo rate was 6.5 percent last month, along with government and private sector banks, small banks are also offering bumper interest rates on fixed deposit schemes. Now Fincare Small Finance Bank has announced the highest interest rate of up to 9.01 per cent on FD investment for senior citizens.
While 8.41 percent interest rate has been offered for general investors. The bank is offering these interest rates on investments of less than Rs 2 crore. The bank has said that the new interest rates have been made effective from March 24, 2023.
FD rates of Fincare Small Finance Bank
Fincare Small Finance Bank is offering investors the opportunity to invest in FDs with tenures ranging from 7 days to 66 months. According to the bank, 3 percent interest rate is being given on FDs maturing in 7 to 45 days. While giving 4.50% interest rate on FD for 46 to 90 days and 5.50% interest rate on FD for 91 to 180 days. The bank has now offered 6.25% interest rate on fixed deposits maturing in 181 to 364 days and 7.50% interest on fixed deposits maturing in 12 to 499 months.
8.71 percent interest rate on FD of 750 days
- Fincare Small Finance Bank has said that it has increased the interest rate on FDs maturing in 500 days to 7.75%, while increasing the interest rate on FDs maturing in 501 days to 18 months. 7.50%. Fincare SFB is now offering an interest rate of 7.80% on FDs of 18 months to 24 months. At the same time, interest rate has been increased to 7.90% on FDs with tenure of 24 months to 749 days. Similarly, 8.11% interest rate is being given on FDs maturing in 750 days.
- Seniors are being given 8.71 percent interest rate on 750 days FD .
Maximum interest rate of 9.01 percent for seniors and 8.41 percent for regular customers
Fincare Small Finance Bank is offering an interest rate of 8.41% to general citizens on FDs maturing in 1000 days. On this tenure, 9.01 percent interest rate has been offered to senior citizens. Interest rate has been reduced to 8% on FDs maturing in 1001 days to 36 months. Fincare Small Finance Bank has increased the interest rate of 8.25% on deposits of 36 months 1 day to 42 months.
The bank is offering an interest rate of 7.50% on FDs of 42 months 1 day to 59 months. At the same time, 8% interest will now be given on FDs maturing between 59 months and 66 months. Whereas, 7% interest rate has been made on FDs maturing between 66 months 1 day to 84 months.
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