Suryoday Small Finance Bank revises its FD rates in 5 years slabs by 85 basis points. Check new rates here
₹5 lakhs up to ₹2 crore slab. Here is the list of interest rate on deposits below ₹2 crore for regular customers as well as senior citizens. For thos who are depositing their money for long term like five years, here is the interest rate for deposits up to 10 years.
It is worth noting that the minimum tenure to earn FD interest is seven days. The bank also revised its recurring deposits interest rates. For keeping a recurring deposit amount for up to five years will bring 8.25% p.a.
interest rates for regular customers and 8.75% interest rates for senior citizens. For RD of tenure five to ten years, interest rate is 7.25% for regular customers and 7.75% for senior citizens. Here is the list of other interest rates applicable on different tenures of recurring deposits.
Established in 2017, Suryoday Small Finance Bank endeavours to bring banking solutions to the ‘banked’, ‘under-banked’ and the ‘un-banked’ sections of the society. The bank offers small loans like MFI loans, Vikas Loans, Shopkeeper Loans etc. to new and current customers.
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