Bank FD Interest Rate : Up to 8.50% interest is available only on FD of 15 months, this bank announced, check latest rate

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Ujjivan Small Finance Bank has modified the interest charges on mounted deposits (FD). The new interest charges are relevant from March 7.

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Whenever there is discuss of financial savings, the title of mounted deposit (FD) undoubtedly comes up. Your funding in mounted deposit is secure, and also you additionally get assured returns. If you additionally need to spend money on FD then this is helpful information for you. Actually, just lately Ujjivan Small Finance Bank has modified the interest charges on Fixed Deposit (FD).

After the revision in interest charges, Ujjivan Small Finance Bank affords interest charges between 3.75 p.c to 8.50 p.c for basic prospects. The highest interest rate on a tenure of 15 months is 8.50 p.c and the very best interest rate on the identical tenure for senior residents is 9 p.c. The new charges are efficient from March 7, 2024.

Multiple interest fee choices

Deposits above Rs 1 crore and deposits lower than Rs 2 crore will only be eligible for the extra interest rate of 0.20 per cent supplied by Platina FD. The interest fee choices available for Ujjivan SFB are month-to-month, quarterly and on maturity.

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