Top FD Return: Unity Small Finance Bank Limited (Unity Bank) has increased its interest rates on fixed deposits of less than ₹2 crore.
The latest FD interest rates are effective from February 15, 2023, according to a statement from the bank. Customers can now avail the higher interest rate regime here as compared to other banks. Unity Small Finance Bank is now offering senior citizens an attractive rate of 9.50% p.a. on FDs booked for 1001 days, while general investors will get an interest rate of 9.00% p.a. for the same time period.
Apart from this, Unity Bank is offering outstanding interest rate of 9.25% per annum to senior citizens and 8.75% per annum to general investors for tenures of 181-201 days and 501 days.
FD Rates of Unity Small Finance Bank
The bank is now offering an interest rate of 4.50% on fixed deposits maturing in 7-14 days, while Unity SFB is also offering an interest rate of 4.75% on deposits maturing in 15-45 days. Unity SFB is now offering an interest rate of 5.25% on deposits with a tenure of 46 to 60 days and 5.50% on deposits with a tenure of 61 to 90 days.
Deposits maturing between 91 and 180 days will now fetch an interest rate of 5.75%, while deposits maturing between 181 and 201 days will now fetch an interest rate of 8.75%. The bank is currently offering an interest rate of 6.75% on fixed deposits maturing in the next 202-364 days, while Unity Small Finance Bank (SFB) will offer an interest rate of 7.35% on deposits maturing in the next 365-500 days .
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