Bank FD Interest Rate: Good news for senior citizens, Get 9.25% strong interest on this Bank FD

Bank FD Interest Rate: Suryoday Small Finance Bank is providing interest charges starting from 4 % to 9.01 % to frequent residents on FD. At the identical time, the financial institution is providing interest charges starting from 4.50 % to 9.25 % to senior residents.

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Bank FD Interest Rate: The greatest energy that senior residents have is their financial savings, therefore they appear for methods of funding the place they’ll get assured and higher returns. For most senior residents, fastened deposit i.e. FD is a superb technique of funding. Generally, Small Finance Banks provide increased interest on FD as in comparison with massive authorities and personal banks. Recently Suryoday Small Finance Bank has elevated its interest charges on FD.

Bank FD Interest Rate: Suryoday Small Finance Bank (SSFB) has elevated the interest charges on FDs of choose tenures with quantities lower than Rs 2 crore. The financial institution has elevated the interest fee on 25 month FD by 0.41 %. The new interest charges of Suryoday Small Finance Bank have change into efficient from March 1, 2024.

Bank FD Interest Rate: Interest fee elevated from 4 % to 9.25 %

After this change, now Suryoday Small Finance Bank is providing interest charges starting from 4 % to 9.01 % on FD to frequent residents. At the identical time, the financial institution is providing interest charges starting from 4.50 % to 9.25 % to senior residents.

Bank FD Interest Rate: Interest fee as much as 7.75 % on financial savings account

The financial institution can also be providing interest charges as much as 7.75 % to its financial savings account prospects within the slab of Rs 5 to Rs 25 crore.

Bank FD Interest Rate: Suryoday Small Finance Bank FD Rates (Less than Rs 2 Crore)

• 7 days to 14 days: For common public – 4.00 per cent; For senior residents – 4.50 %
• 15 days to 45 days: For common public – 4.25 %; For senior residents – 4.75 %
• 46 days to 90 days: For common public – 4.50 per cent; For senior residents – 5.00 %
• 91 days to six months: For common public – 5.00 per cent; For senior residents – 5.50 %
• Above 6 months – 9 months: For common public – 5.50 %; For senior residents – 6.00 %
• Above 9 months – Less than 1 12 months: For General Public – 6.00 per cent; For senior residents – 6.50 %
• 1 12 months: For common public – 6.85 %; For senior residents – 7.35 %
• Above 1 12 months – 15 months: For common public – 8.25 %; For senior residents – 8.75 %
• Above 18 months – 2 years: For common public – 8.50 %; For senior residents – 9.00 %
• Above 2 years – 2 years 1 day: For common public – 8.60 per cent; For senior residents – 9.10 %
• 2 years 2 days: For common public – 8.65 %; For senior residents – 9.10 %
• 2 years 3 days to lower than 25 months: For common public – 8.60 %; For senior residents – 9.10 %
• 2 years 1 month (25 months): For common public – 9.01 %; For senior residents – 9.25 %

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