FD Interest Rate: Fixed Deposit is the traditional method of investment. Investors who want to get fixed returns, there is still a craze for term deposits. If you also make term deposits, then this is good news for you. Unity Small Finance Bank Latest FD interest rates is giving up to 9% return on FD. The bank has changed the interest rate from 21 November. The interest rate of 7 percent on savings deposits remains unchanged.
8.5 percent interest for general public
According to the information available on the bank’s website, the minimum interest rate on fixed deposits for the general public is 4.50 per cent and the maximum interest rate is 8.50 per cent. At the same time, senior citizens will get an additional benefit of 50 basis points in the interest rate. For them, the minimum interest rate has been made 4.50 percent and the maximum interest rate has been made 9 percent. The new rate is applicable from today itself.
8.5% interest for 181 days
According to the information available on the bank’s website, the interest rate on FD for 7-14 days is 4.5 per cent, 4.75 per cent for 15-45 days, 5.25 per cent for 46-60 days, 5.50 per cent for 61-90 days, 91- 5.75 per cent for 180 days, has been increased to 8.5 per cent for 181 days.
8.5% interest for 501 days
6.75 per cent for 182 days to 364 days, 7.35 per cent for 365 days to 500 days and 8.50 per cent for 501 days. 502 days to 18 months 7.35%, 18 months to 2 years 7.40%, more than 2 years and up to 3 years 7.65%, more than 3 years and up to 5 years 7.65% and more than 5 years up to 10 years 7% Returns are being given.
Talking about senior citizens, the minimum interest rate is 4.5 percent and the maximum interest rate is 9 percent. The interest rate has been reduced to 9 per cent for 181 days and 9 per cent for 501 days fixed deposits.