These days every bank is giving good interest on FD. In most banks, up to 7.5 percent interest is being received on FD. But there is also a bank which is offering interest up to 9.5 percent.
These days good returns are already being received on bank’s FDs. But do you know that there are many small finance banks, which are paying even more interest than the big banks. Here, instead of 7 or 8 percent, interest of 9 to 9.5 percent is being received on FD.
Now let’s talk about Unity Small Finance Bank. The bank has changed the interest rates of FDs with an amount of less than Rs 2 crore. Here only the minimum interest of 4.5 percent is being given by the bank. Let us know what interest rate the bank is offering on FD for a period ranging from 7 days to 10 years.
New interest rates applicable from May 2
The new interest rates of Unity Small Finance Bank have come into effect from 2 May. The bank is offering 4.5 percent to 7 percent interest on FDs of 7 days to 10 years. At the same time, special interest is being received on FD of 1001 days, in which senior citizens have more benefit.
Unity Bank FD Interest Rates
- 4.5% for 7 days to 14 days
- 4.75% for 15 days to 45 days
- 5.25% for 46 to 60 days
- 5.50% for 61 to 90 days
- 5.75% for 91 days to 6 months
- 8.75% for 6 months to 201 days
- 6.75% for 202 days to 364 days
- 7.35% for 1 year to 500 days
- 8.75% for 501 days
- 7.35% for 502 days to 18 months
- 7.40% for 18 months to 1000 days
- 9% for 1001 days
- 7.65% for 1002 days to 5 years
- 7 percent for 5 years to 10 years
Senior citizen customers are getting 0.50 percent additional interest from the bank on all these FD schemes. This means that he will get 9.5 percent interest per annum on the investment of 1001 days.
