Unity Small Finance Bank (Unity Bank) has also revised the interest rates on FDs. Unity Bank will now give 9.50 percent interest on 1001 days fixed deposits to senior citizens. While general customers have been offered 9% interest on 1001 days FD.

Unity Small Finance Bank has increased the interest rates on Fixed Deposits (Highest FD Rates) of almost all tenures from 15 February. According to Unity Bank, on fixed deposits of 181 days to 201 days, the bank will give 8.75 percent interest to general customers. Whereas, interest of 7.65% has been offered on fixed deposits with maturity ranging from 1002 days to 5 years.

Fixed Deposit Rates of Unity Small Finance Bank

Unity Small Finance Bank is offering 4.50% interest on 7-14 day fixed deposits to general customers. At the same time, Unity Small Finance Bank is paying 4.75% interest on FDs of 15 days to 45 days. Unity Bank has offered an interest rate of 5.25% on fixed deposits with maturity of 46 days to 60 days. At the same time, interest of 5.50% is being given on fixed deposits of 61 days to 90 days.

9.25 percent interest on fixed deposits of this time period

Unity Small Finance Bank is paying 9.25% interest to senior citizens and 8.75% to general customers on 181-201 days and 501 days fixed deposits. Small Finance Bank is giving 9.00 percent interest rate to general customers on investment for 1001 days, while on the same tenure it has offered 9.50 percent interest rate to senior citizens. At the same time, the bank is giving 7.50% interest to senior citizens and 7% to general customers on fixed deposits ranging from 5 years to 10 years.

Unity Bank’s interest rates for different periods

Unity Small Finance Bank is offering an interest rate of 5.75% on fixed deposits of 91 days to 180 days to ordinary citizens. While on fixed deposits from 181 days to 201 days, the bank will pay 8.75% interest.

The bank is paying 6.75% interest on FDs with maturity of 202 days to 364 days. Unity Small Finance Bank is paying 7.35% interest on FDs of 365 days to 500 days. The bank has offered an interest rate of 7.65% on fixed deposits with maturity ranging from 1002 days to 5 years.

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The bank’s new interest rates on Fixed Deposit (FD) are applicable from 15 February 2023.Unity Small Finance Bank will now give 9.50% interest on 1001 days fixed deposits to senior citizens. At the same time, common customers will get 9% interest on FD of 1001 days.

9.25% interest on fixed deposits of this time period

Unity Small Finance Bank (Unity Bank) is giving 9.25% interest to senior citizens and 8.75% to general customers on 181-201 days and 501 days fixed deposits. Small Finance Bank is paying 7.50% interest to senior citizens and 7% to general customers on fixed deposits ranging from 5 years to 10 years.

Fixed Deposit Rates of Unity Small Finance Bank

The bank is now offering 4.50% interest on 7-14 day fixed deposits. At the same time, Unity Small Finance Bank is paying 4.75% interest on FDs of 15 days to 45 days. Unity Bank is offering 5.25% interest on fixed deposits with maturity of 46 days to 60 days. At the same time, interest of 5.50% is being paid on fixed deposits of 61 days to 90 days.

Bank’s interest rates for different periods

Unity Small Finance Bank is offering an interest rate of 5.75% on fixed deposits of 91 days to 180 days. While on fixed deposits of 181 days to 201 days, the bank will pay interest of 8.75 percent. The bank is paying 6.75% interest on FDs with maturity of 202 days to 364 days. Unity Small Finance Bank will pay 7.35% interest on FDs of 365 days to 500 days. The bank will pay an interest of 7.65% on fixed deposits with maturity ranging from 1002 days to 5 years.

The post Bank special offer on FD: This bank is giving interest up to 9.5%, there is a special offer on fixed deposits for so many days first appeared on Rightsofemployees.com.

Fixed Deposit (FD) is considered very reliable for investment. Most of the people prefer to invest their savings money in this because it gives guaranteed returns and there is no risk of money sinking. If you also want to get strong returns in a safe way by investing in Fixed Deposit ie (FD), then this news is for you only. Unity Small Finance Bank Limited (Unity Bank) has further increased its interest rates on FDs.

Senior citizens will be given an interest of 9 per cent per annum by the bank on FDs invested for a period of 181 and 501 days while retail investors can earn an interest of 8.50 per cent on investments made for the same period. This is the second time in the month of November that the bank has revised its interest rates.

Unity Bank has also increased its interest rates on callable and non-callable bulk deposits (deposits above Rs 2 crore). Callable Bulk Deposits offer an interest rate of up to 8% per annum while non-callable bulk deposits offer an interest rate of up to 8.10% per annum.

Savings account interest rates also increased For savings account, Unity Bank offers an interest rate of 7 per cent per annum on deposits above Rs 1 lakh and 6 per cent on deposits up to Rs 1 lakh.

RBI has increased the repo rate for the fourth time in a row It is noteworthy that in order to stop the rising inflation in the country, RBI has increased the repo rate for the fourth time in a row. Now the repo rate has reached 5.90 percent. In the MPC meeting of RBI on September 30, it has been decided that the repo rate will be increased by 0.50 percent. Now the repo rate has been increased from 5.40 percent to 5.90 percent. Earlier, after 0.40 per cent increase in May, there was an increase of 0.50-0.50 per cent in June and August.

Many banks have increased the rates of fixed deposits, recently RBL Bank, Axis Bank, DCB Bank have also increased their FD rates. This process of increasing the rates has started after the increase in the repo rates of RBI.

The post Good news fo Bank customers, up to 9% interest will be available on FD, check new rates first appeared on Rightsofemployees.com.