Special FD Scheme: Reserve Bank is taking big steps to control the rising inflation rate in the country. The bank is continuously taking this step so that inflation can be controlled in the country. Along with increasing the repo rate, banks are also increasing their loan interest rates and deposit rates.
New Delhi: The new age digital first bank Unity Small Finance Bank Limited is offering an interest rate of up to 8.30 per cent on FDs of 366 days. The bank has launched a special fixed deposit scheme ‘Shagun 366’ for its investors. Through this scheme, the bank is offering an interest rate of up to 8.30 percent to senior citizens. At the same time, interest rate up to 7.80% is being offered by the bank to normal citizens. The Reserve Bank is taking major steps to control the rising inflation rate in the country. The bank is continuously taking this step so that inflation can be controlled in the country. Along with increasing the repo rate, banks are also increasing their loan interest rates and deposit rates. Since this decision of RBI, many banks like ICICI Bank, RBL Bank, Axis Bank, DCB Bank etc. have recently increased their FD rates. has done.
Bank gave information by tweeting
Unity Small Finance Bank Limited has given information about this special FD scheme by tweeting. The name of this special FD by Unity Bank is ‘Shagun 366’. This FD scheme is of full 366 days. You can invest in this scheme from 1st November to 30th November 2022. On this special FD scheme, general citizens will get an interest rate of 7.80% and senior citizens 8.30%. Unity Small Finance Bank Limited is a scheduled commercial bank promoted by Centrum Financial Services Limited with Resilient Innovation Private Limited as a joint investor. People are sharing the bank’s tweet a lot. People are liking this offer of the bank very much.
One of the most attractive rates for a 1 year, 1 day Fixed Deposit !
Introducing Shagun 366 – offering senior citizens 8.30% p.a. and 7.80% p.a. to retail customers for a 1 year 1 day (366 days) tenure.
Don’t miss out!
Click here to sign up – https://t.co/R4YWEKs2Wh pic.twitter.com/FJvNwecePL— Unity Small Finance Bank (@UnitySFBank) November 1, 2022
Reserve Bank has increased the repo rate for the fourth time in a row
To prevent rising inflation in the country, the Reserve Bank of India has increased the repo rate for the fourth time in a row. Now the repo rate has reached 5.90%. In the Monetary Policy Committee meeting of RBI on September 30, it has been decided that for the fourth time in a row, the repo rate will be increased by 0.50%. Now the repo rate has been increased from 5.40% to 5.90%. This decision of RBI will have a direct impact on the interest rates of the loan EMI and deposit account of the common people.
