3 Small Finance Bank FDs With Higher Returns Up To 7.5% For General Public
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Jana Small Finance Bank
On FDs spanning from 7 days to 10 years, Jana Small Finance Bank proposes an interest rate of between 2.5% and 7.50 per cent. The bank offers senior citizens an additional interest of 0.50 per cent. Currently, this bank is giving an interest rate of 4 per cent to 8 per cent to senior citizens respectively. The highest interest rate is offered by Jana Small Finance Bank on deposits maturing in two to three years. For these deposits, the bank provides the general public and senior citizens with an interest rate of 7.25 per cent and 7.75% per cent respectively. The below given FD interest rates of the bank are valid from Dec 22, 2020 and is valid for a deposit amount of Rs 2 Cr.
| Tenure | ROI |
|---|---|
| 7-14 days | 2.50% |
| 15-60 days | 3.00% |
| 61-90 days | 3.75% |
| 91-180 days | 4.50% |
| 181-364 days | 6.00% |
| 1 Year (365 Days) | 6.75% |
| > 1 Year – 2 Years | 7.00% |
| >2 Years-3 Years | 7.00% |
| > 3 Year- < 5 Years | 7.25% |
| 5 Years | 7.00% |
| > 5 Years – 10 Years | 6.50% |
| Above 5 Years – 10 Years | 6.50% |
Utkarsh Small Finance Bank
On FDs maturing in 7 days to 10 years, Utkarsh Small Finance Bank offers interest rates ranging from 3% to 7% to the general public and 3.50 per cent to 7.50 per cent to senior citizens. The highest interest rate on deposits with a maturity term of 700 days is offered by the bank. For these deposits, the bank pays a 7.0 per cent interest rate. For these deposits, senior citizens get an additional 50 basis points. The below-listed interest rates on FDs of Utkarsh Small Finance Bank are valid from Oct-19.
| Tenure | ROI |
|---|---|
| 7 days to 45 days | 3.00% |
| 46 days to 90 days | 3.25% |
| 91 days to 180 days | 4.00% |
| 181 days to 364 days | 6.00% |
| 365 days to 699 days | 6.75% |
| 700 days | 7.00% |
| 701 days to 3652 days | 6.75% |
Suryoday Small Finance Bank
For the general public, the Suryoday Bank FD rate varies from 4 per cent to 7.50 per cent. On deposits maturing in 5 years, the bank offers the best interest rate i.e. 7.5 per cent. The current FD interest rates of Suryoday Bank are effective from September-19.
| Tenure | ROI |
|---|---|
| 7 days to 14 days | 4.00% |
| 15 days to 45 days | 4.00% |
| 46 days to 90 days | 5.00% |
| 91 days to 6 months | 5.50% |
| Above 6 months to 9 months | 6.25% |
| Above 9 months to less than 1 Year | 6.50% |
| 1 Year to 2 years | 6.75% |
| Above 2 Years to 3 Years | 7.15% |
| Above 3 Years to less than 5 Years | 7.25% |
| 5 Years | 7.50% |
| Above 5 years to 10 years | 7.00% |
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