This bank offers up to 7.75% savings account interest rate

Further, the bank has announced a new slab offering 7.75% annual interest on deposits over Rs 5 crore. This will fetch more returns to institutional customers and HNIs, stated the press release.

Up to 9% FD interest rate: Which bank offers highest fixed deposit rate for 2-3 year tenure

Unity Bank now pays 6.00% per annum interest on deposits up to Rs. 1 lakh and 7.00% p.a. interest on balances between Rs. 1 lakh and Rs. 5 crore. Interest is paid each month.

Savings account interest rates

Savings Account BalanceInterest Rate p.a. (%)Upto Rs. 1 lakh6.00%Rs. 1 lakh to Rs. 5 crores7.00%Greater than Rs. 5 crores7.75%

Unity Bank FD interest rates

Unity Bank offers highest fixed deposit interest rates of 9.00% p.a. for general investors and 9.50% p.a. for senior people for a term of 1001 days.

The deposit interest rate stands revised from 09th Oct, 2023 as follows:

TenureGeneral FD RatesSenior Citizen FD Rates% p.a.% p.a.7 — 14 Days4.50%4.50%15 — 45 Days4.75%4.75%46 — 60 Days5.25%5.75%61 — 90 Days5.50%6.00%91 — 164 Days5.75%6.25%165 Days — 6 Months5.75%6.25%> 6 Months — 201 Days8.75%9.25%202 — 364 Days6.75%7.25%1 Year7.35%7.85%1 Year 1 day7.35%7.85%> 1Year 1 day — 500 days7.35%7.85%501 Days8.75%9.25%502 Days — 18 Months7.35%7.85%> 18 Months — 700 Days7.40%7.90%701 Days8.95%9.45%702 Days — 1000 Days7.40%7.90%1001 Days9.00%9.50%1002 Days — 3 Year7.65%8.15%> 3 Year — 5 Year7.65%8.15%> 5 Year — 10 Year7.00%7.50%

Source: Bank press release

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