Unity Small Finance Bank (Unity SFB) has revised the interest rates on fixed deposit schemes for its customers with deposits below Rs 2 crore. The new rates are applicable from June 14, 2023, according to the website of Unity Small Finance Bank.
On deposits with maturities ranging from 7 days to 10 years, the bank offers an interest rate ranging from 4.50% to 9%. General public can get interest rate up to 9% on deposits of 1001 days duration. On the other hand, this interest rate is up to 9.50% for people falling in the category of senior citizens.
What are the new interest rates of the bank
Unity Small Finance Bank (Unity SFB) is offering 4.50% interest rate on FDs maturing in 7 to 14 days and 4.75% interest rate on deposits maturing in next 15 to 45 days. Unity SFB offers an interest rate of 5.25% for deposits with a tenure of 46 to 60 days and 5.50% for deposits with a tenure of 61 to 90 days.
Deposits maturing between 91 and 6 months will now fetch 5.75% interest, while deposits maturing between 6 months and 201 days will fetch 8.75% interest. As per Unity Small Finance Bank (SFB), the bank offers 6.75% interest rate on deposits maturing in 202-364 days and 7.35% interest rate on deposits maturing in 1 year to 500 days.
More than 8 percent interest will be available on FD of this period
Unity Small Finance Bank (Unity SFB) is offering an interest rate of 8.75% per annum for a tenure of 501 days. At the same time, interest will be given at the rate of 7.35% per annum on deposits of 502 days to 18 months. FDs maturing in 18 months to 1000 days get interest at the rate of 7.40%, while 9% on FDs of 1001 days. Interest is earned from The bank offers 7.65% interest rate on deposits maturing in 1002 days to 3 years, 8.25% for 3 years to 5 years and 7.00% interest rate on FDs maturing in 5 years to 10 years.
What is the interest rate for senior citizens
This bank offers 0.50% higher interest rate to senior citizens. The interest rate ranges from 4.5% to 9.50% for tenures between 7 days to 10 years.
