Unity Small Finance Bank has started a big facility for those opening Savings Account Interest Rate. Unity Small Finance Bank has added an additional slab.
Unity Small Finance Bank has started a big facility for those opening Savings Account Interest Rate. Although many banks increase interest rates to attract customers, Unity Small Finance Bank has added an additional slab. In a way, it is like increasing the interest rate on savings account.
According to a press release from Unity Small Finance Bank, a new slab providing interest of 7.50 percent has been added. However, there is also a condition under which you will have to deposit at least Rs 20 lakh and you can deposit a maximum of Rs 5 crore. Whereas if you keep money between Rs 5 lakh to Rs 20 lakh in a savings account, then you will get 7.25 percent interest on it.
Unity Bank is offering 6 percent interest on deposits up to Rs 1 lakh. Whereas, 7 percent interest is being given on deposits ranging from Rs 1 lakh to Rs 5 lakh. HNIs who keep more than Rs 5 crore in their accounts are being offered an annual interest of 7.75 percent by the bank.
What are the FD rates of Unity Small Finance Bank?
Unity Small Bank is offering interest ranging from 4.50 percent to 9 percent on FD. This interest is being given on FDs ranging from 7 days to 10 years. At the same time, senior citizens are being given interest up to 9.50 percent by the bank. The maximum interest being given to the common people is 9 percent on FD of 1001 days.
If we talk about the remaining periods, then 4.50 percent interest is being given on FD of 7-14 days, 4.75 percent on FD of 15-45 days and 5.25 percent on FD of 46-60 days. Along with this, you will get 5.50 percent interest on FD for 61-90 days, 5.75 percent on FD for 91-164 days and 5.75 percent interest on FD for 165 days to 6 months.
If you make FD for 6 months to 201 days, you will get 8.75 percent interest. At the same time, interest of 8.75 percent will be available on FD of 501 days. You can get 6.75 percent interest on FD of 202 days to 364 days, whereas on 1 year FD you will get 7.35 percent interest.
If you make an FD for 1 year to 3 years, then you can get interest on it ranging from 7.35 percent to 7.65 percent on different tenures. You will get 7.65 percent interest on FD of 3 years to 5 years and you can get 7 percent interest on FD of 5-10 years.
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