This bank offers up to 9.5% FD interest rate to senior citizens: Check details

“The bank has hiked its interest rates offered on Fixed Deposits kept for 701 Days. It now offers senior citizens an attractive rate of 9.45% p.a. on Fixed Deposits invested for 701 days, whereas general investors will earn 8.95% p.a. for the same duration", according to the bank press release.

This bank has hiked FD interest rates by up to 1.25%: Check details

On deposits with maturities ranging from 7 days to 10 years, the bank offers interest rates ranging from 4.50% to 9% for general citizens and between 4.50% to 9.5% for senior citizens.

Unity Bank continues to offer an interest rate of 9.50% p.a. to senior citizens and 9.00% p.a. to general investors for a tenure of 1001 days. Additionally, for tenures of 181 – 201 days and 501 days, Unity Bank offers an interest rate of 9.25% p.a.to senior citizens and 8.75% p.a. to general investors.

Latest Unity Small Finance Bank FD interest rates

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: Press release

Mahila Samman Savings Certificate vs bank FDs: Which is offering higher interest rate?

Premature withdrawal

For premature withdrawal of fixed deposit and recurring deposits, a premature penalty of 1.00% shall be charged to the rate applicable for the period

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