Fixed Deposit Rates : This bank has increased the interest rates on fixed deposits, you will get tremendous returns

J&K Bank Fixed Deposit Rates: Let us tell you that this bank has increased the interest rates on fixed deposits. And the new interest rates have been implemented from November 11. Let’s check the new list of interest rates…

J&K Bank Fixed Deposit Rates: Are you also a customer of Jammu & Kashmir Bank? If yes, then there is good news for you. Actually, the bank has given a big gift to its customers by increasing the interest rates. Fixed deposit interest rates have been increased, information about which has been given by the bank on its official website. The new interest rates have been implemented from 11 November 2023.

Increase in the interest rates of these special FDs –

According to the website of Jammu and Kashmir Bank, the interest rate of 555 days special FD has been increased by 0.40 percent, after which 7.50 percent interest is being given on it. If we talk about special FD of 222 days, the interest rate on it is 6.3 percent and on special FD of 333 days, the interest rate is 6.6 percent.

FD starts with an investment of just Rs 100 –

Jammu and Kashmir Bank offers different interest rates on different days. You can start an FD with an investment of as little as Rs 100, starting with 7 days. After the new interest rate, the interest rate for common investors ranges from 3.5 percent to 7.50 percent. Let us know about the interest rate offered by the bank on FD of less than Rs 2 crore.

Interest on Fixed Deposit of less than Rs 2 crore –

• 3.50 percent interest on FD of 7 days to 30 days
• 3.50 percent interest on FD of 31 days to 45 days
• 4.6 percent interest on FD of 46 days to 90 days
• 4.75 percent interest on FD of 91 days to 180 days
• 5.6 percent interest on FD of 181 days to 221 days
• 6.3 percent interest on FD up to 222 days
• 5.6 percent interest on FD of less than 223 days to 270 days
• Less than 6 percent interest on FD of 271 days to 332
• 6.6% interest on FD up to 333 days
• 6% interest on FD of 334 days to less than 1 year
• 7.1% interest on FD of less than 1 year to 554 days
• 7.50% interest on FD up to 555 days
• 7.10% interest on FD less than 2 years and up to 556 days
• 7% interest on FD of less than 2 years to 3 years
• 6.5% interest on FD of 3 years to less than 5 years
• 6.5% interest on FD from 5 years to less than 10 years

For your information, let us tell you that Jammu and Kashmir Bank is giving additional interest of 0.50 percent to citizens above 60 years of age.