Ujjivan SFB offers general (non senior citizens) customers the highest FD interest rate of 8.25% for an 18-month tenure, while senior citizens can enjoy an even more attractive rate of 8.75% for the same duration. Earlier, the highest interest rate of 8.25% was offered on a 12 month tenure.
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Additional benefits for senior citizens
Senior citizens will receive an additional 0.50% interest on all tenures, making FDs an even more attractive investment option for them. The interest rate of 8.75% for 18-months mentioned above for senior citizens includes this 0.5% additional interest.
Also read: Senior citizen FDs vs Senior Citizen Savings Scheme: Check which one offers higher interest rate for senior citizens
Ujjivan SFB offers FD interest rates of 3.75% for a tenure of 7 to 29 days, 4.25% for 30 to 89 days tenure and 4.75% for 90 to 180 days tenure. The bank offers an interest rate of 7.00% for fixed deposits of 6 months to less than 12 months, and 8.10% for deposits of 12 months to less than 18 months. The highest interest rate of 8.25% is offered on an 18-month tenure.
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