FD Rate: AU Small Finance Bank (SFB) has increased the interest rates on FDs below Rs 2 crore. The bank has also revised the interest rates on its savings account.
According to the official website of the bank, these new rates have come into effect from December 12, 2022. The bank is now offering FDs of 7 days to 10 years to its customers. AU Small Finance Bank is offering interest ranging from 3.75% to 7.20% on FDs. A maximum interest of 7.25% is being given to retail investors in the savings account.
AU Small Finance Bank – FD Rates
The bank is offering 3.75% interest on FDs of 7 days to 1 month and 15 days. 4.25% on FDs from 1 month to 3 months, 5% interest is being given on FDs from 3 months 1 day to 6 months. 6 months 1 day to 12 months FD is paying 6.10 percent interest. Paying 7.35% interest on FDs of 12 months to 15 months. 7.20 percent interest is being received on FDs ranging from 15 months to 24 months. The bank is paying 7.75 per cent interest on 24-month FD. Paying 7.20% interest on FDs ranging from 45 months to 120 months. The bank is giving a maximum interest of 8.50 per cent to senior citizens.
AU Small Finance Bank is offering interest ranging from 3.75% to 7.98% on FDs.
AU Small Finance Bank Savings Account Interest Rate
The bank is offering an interest of 3.50% on a savings account of less than Rs 1 lakh. 5.00% interest is being received on savings account from Rs 1 lakh to Rs 10 lakh. 6.00% on savings account from Rs 10 lakh to Rs 25 lakh, 7.00% on savings account from Rs 25 lakh to Rs 1 crore and 7.25% interest on savings account balance from Rs 1 crore to Rs 10 crore Staying The interest on the savings account is determined on a daily basis.
This is the interest on savings account
1 to 99,999 – 3.50%
1 Lakh to 9,99,999 – 5.00%
10 Lakh to 24,99,999 – 6.00%
25 Lakh to 1 Crore – 7.00%
1 Crore to 2 Crore – 7.25%
2 Crore to 5 Crore – 7.25%