There is good news for bank FD holders. After increasing the repo rate by RBI, banks have also started increasing interest rates. Along with increasing the interest rate on loans, banks have also started increasing interest rates on deposits.
Now, in this sequence, Jana Small Finance Bank has also increased the interest rates on fixed deposits ie FDs. Jana Small Finance Bank has come out with a special FD scheme for its customers on its 5th anniversary. In this, customers have the chance till 31 March 2023 only. Jana Small Finance Bank is giving 8.85% annual interest to senior citizens and 8.15% to general customers. The bank is offering 8.85 per cent and 8.15 per cent interest on 500 days FD.
There is good news for bank FD holders. After increasing the repo rate by RBI, banks have also started increasing interest rates. Along with increasing the interest rate on loans, banks have also started increasing interest rates on deposits. Now, in this sequence, Jana Small Finance Bank has also increased the interest rates on fixed deposits ie FDs.
Jana Small Finance Bank has come out with a special FD scheme for its customers on its 5th anniversary. In this, customers have the chance till 31 March 2023 only. Jana Small Finance Bank is giving 8.85% annual interest to senior citizens and 8.15% to general customers. The bank is offering 8.85 per cent and 8.15 per cent interest on 500 days FD.
Jana Small Finance Bank is a small finance bank, which started operations on March 28, 2018. Its headquarter is in the city of Bengaluru. The Reserve Bank of India has issued a license to the bank under Section 22 of the Banking Regulation Act, 1949.
