FD interest rate: These investors can earn up to 9.11% interest rate on this bank’s fixed deposits
Fincare Small Finance Bank has revised fixed deposit interest rates on amounts below Rs 2 crore, according to the official website of the bank.
The bank offers interest rate between 3% to 8.51% for general citizens for tenure ranging from 7 days to 10 years. For senior citizens, the bank offers interest rates between 3.60% to 9.11% interest.
Also read: Higher FD interest rates to continue as RBI holds repo rate; how to get best returns from fixed deposits
For fixed deposits maturing in 1000 days, the general public can receive an interest rate of 8.51% Senior folks will receive an interest rate of up to 9.11% for the same duration.
Fincare SFB FD interest rate
Following the change, the bank will pay a 3% interest rate on fixed deposits maturing between 7 and 14 days. Fincare SFB will pay 4.50 percent interest on deposits maturing between 15 days to 30 days. The bank offers 4.75% on tenure of 31 days to 45 days and 5.25% on 46 days to 90days.
Fincare SFB will offer a 5.75 percent interest rate on deposits maturing between 91 and 180 days. Meanwhile, the bank offers a 6.50 percent interest rate on deposits maturing between 181 and 365 days.
Deposits maturing between 12 months and 15 months will earn 7.50 percent interest. And 7.75% on 15 months 1 day-499 days. The bank will offer an interest rate of 8.11 percent on FDs maturing in 500 days. The bank provides 7.75 percent interest on fixed deposits maturing between 501 days and 18 months.
For deposits maturing in 18 months and one day and 24 months will earn an interest rate of 8.01 per cent. For deposits maturing in 24 months and one day to 749 days, Fincare SFB will offer an interest rate of 8.05 per cent. While it offers an interest rate of 8.51% for deposits
