Small Finance Bank is offering 4% to 5.25% interest to its general citizens and 4.50% to 5.75% interest to senior citizens on FDs of 7 days to 10 years.
Special Fixed Deposit : Many big banks of the country give maximum interest rate to the customers for making Fixed Deposit (FD). But Small Finance Banks (SFBs) give more interest to customers than big banks. The name of ESAF Small Finance Bank has also been added to this list. ESAF Small Finance Bank has launched 999 Days Special FD Scheme (Special FD Scheme) was launched. Under this scheme, ordinary citizens are getting 8% interest and senior citizen customers are getting 8.50% interest on investing in it. After the change in interest rates, this Small Finance Bank (Small Finance Bank) On FDs of 7 days to 10 years, the interest of its ordinary citizens has been 4% to 5.25% and senior citizens have been 4.50% to 5.75%.
Let us tell you that you have a chance now if you can take good profit by investing in this scheme. But for this you will have to get FD done before November 30, after that you will not be able to take advantage of this scheme. This special FD will expire on 30 November. ESAF SFB has mentioned on its website that the special FD scheme of 8.00% for 999 days will be available only till 30 Nov-2022.
Will get 8 percent interest
After this change in interest rates, this Small Finance Bank (SFB) will offer its customers 4% on FDs of 7 days to 14 days, 4.50% on FDs of 15 days to 59 days, 60 days to 60 days under this scheme with effect from November 1. 5% on FDs of 90 days to 91 days, 5.25% on FDs of 91 days to 182 days, 5.50% on FDs of 183 days to 1 year and 6.60% on FDs of 1 year 1 day to 2 years.
At the same time, this Small Finance Bank will give 7.25% on FDs from 2 years to 998 days, 8% on 999 days FDs, 7.25% on FDs from 1000 days to less than 3 years, 5.75% on FDs from 3 years to 5 years and 5.25% interest is being given on FDs of 5 years to 10 years.
8.30% interest will be available on 366 days FD
The Reserve Bank of India (RBI) had increased the repo rate by 50 basis points on 30 September last. Since then, many big banks of the country have increased their FD rates and savings accounts rates. In this sequence, Unity Small Finance Bank has also launched a special FD scheme of 366 days in the past. Under this scheme, the bank will give 7.80% interest to its general customers and 8.30% to senior citizen customers. In this small finance bank, customers can avail the offer by investing money till 30 November.
English News Headline : ESAF Small Finance Bank gives best interest rate on Special Fixed Deposit.
Source: www.tv9hindi.com”