On February 8, the Reserve Bank of India (RBI) has once again increased the repo rate by 25 basis points. After this increase in the repo rate, apart from many big private and government banks, small finance banks have also increased their fixed deposit (FD) rates. In this sequence, Fin care Small Finance Bank has increased the interest rates on FDs of less than Rs 2 crore.
Will get maximum interest of 8.71%
After this increase in interest rates, Fin care Small Finance Bank is giving 8.11% interest to its general customers on FD of 750 days .At the same time, this small finance bank is giving 8.71% interest to its senior citizen customers for the same period. According to the information received from the official website of Fin care Small Finance Bank, the increased new interest rates are applicable from 13 February.
Increased new FD rates of Small Finance Bank
After this increase in the interest rate, this small finance bank is giving its customers 3% on FDs of 7 days to 45 days, 3.50% on FDs of 46 days to 90 days, 91 days to 180 days 4.50% on FD, 5.50% on FD of 181 days to 364 days, 7.25% on FD of 12 months to 15 months and 7.30% on FD of 15 months 1 day to 499 days. The same will give interest of 7.50% to its customers on FD of 500 days, 7.30% on FD of 501 days to 18 months and 7.30% on FD of 18 months to 24 months.
Here you will get 8.11% interest, on the other hand, this small finance bank offers its customers 7.50% on FDs of 24 months to 749 days, maximum 8.11% on FDs of 750 days, 7.50% on FDs of 751 days to 999 days and 1000 days. But will give interest of 8%.Apart from this, the bank offers 7% on FDs of 1001 days to 48 months, 6.75% on FDs of 48 months 1 day to 59 months, 7% on FDs of 59 months 1 day to 66 months and 66 months 1 day to 84 months. Will give interest of 6%.
