Bank FD Rate Increased: This bank has increased interest on FD, giving 8.85% interest on 500 days FD

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FD Rates: Jana Small Finance Bank is giving 8.85% annual interest on 500 days Fixed Deposit to senior citizens and 8.15% to general customers. The bank has once again revised the FD interest rates on 10th April. Jana Small Finance Bank (SFB) is offering interest ranging from 3.75% to 6% on FDs maturing in 7 days to 10 years.

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Getting so much interest

Jana Small Finance Bank (SFB) is offering 3.75% interest on FDs maturing in 7-14 days. At the same time, FD of 15-60 days is 4.25 percent. For a period of 61 to 90 days, the bank is paying interest at the rate of 5.00 per cent. Offering interest at the rate of 6.25 per cent to customers for a period of 91 to 180 days. On FDs of 181-364 days, customers will get interest at the rate of 7.00 per cent.

Bank is giving special FD

Jana Small Finance Bank The bank said that the new interest rates on FDs FD scheme will be available to both new and existing customers of Jana Small Finance Bank. Customers can book or invest in FDs from the comfort of their homes or offices through Internet Banking. Jana Small Finance Bank’s interest of 8.85 per cent on 500 days FD is more than the SCSS scheme i.e. Senior Citizen Saving Scheme scheme. Currently, customers are getting 8 percent interest under the Senior Citizen Savings Scheme. Under the special FD of the bank, the bank is giving 8.15% interest to the common people and 8.85% to the senior citizens on 5-year FD.

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