Bank FD Interest: Senior citizens are getting up to 8.85% interest on FD in this bank, chance till March 31

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Bank FD Rates Hike: 4 banks increased interest rates in one stroke, now guaranteed return up to 9.1%
Bank FD Rates Hike: 4 banks increased interest rates in one stroke, now guaranteed return up to 9.1%

If you are thinking of investing in Fixed Deposit ie FD in the coming days, then a good opportunity has come for you. Actually, on the occasion of the fifth anniversary of the bank, Jana Small Finance Bank is offering a special limited fixed deposit scheme.

If you are thinking of investing in Fixed Deposit ie FD in the coming days, then a good opportunity has come for you. Actually, on the occasion of the bank’s fifth anniversary, Jana Small Finance Bank is offering a special limited fixed deposit scheme, which will be available from March 1 to March 31, 2023.

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Senior citizens will get an interest rate of 8.85 percent on this special university FD. At the same time, common customers will get interest at the rate of 8.15 percent. In this, the duration will be of 500 days.

Bank interest rates on normal FDs

On fixed deposits maturing in 7 to 14 days in this small finance bank, general people will get interest at the rate of 3.75 per cent and senior citizens at 4.45 per cent. At the same time, Jana Small Finance Bank has an interest rate of 4.95 percent for seniors on fixed deposits with maturity of 15 to 60 days. On fixed deposits of 61 to 90 days tenure, general people in the bank will get interest at the rate of 5.25 percent and senior citizens at 5.95 percent.

At the same time, Jana Small Finance Bank has an interest rate of 5.50 per cent for general customers and 6.20 per cent for senior citizens on FDs of 91 days to 180 days. On the other hand, the bank is offering interest at the rate of 7.00 per cent to the general public and 7.70 per cent to senior citizens on fixed deposits maturing in 181 to 364 days. Whereas, on FDs maturing in 1 year, interest will be given at the rate of 7.25 percent to the common people and 7.95 percent to the senior citizens.

On the other hand, Equitas Small Finance Bank and Suryoday Small Finance Bank have recently changed the interest rates for fixed deposits of less than Rs 2 crore. This increase in interest rates is effective from 1 March 2023. That is, FD investors will get more benefit by investing money in these two banks. After increasing interest rates on fixed deposits, this small finance bank will have an interest rate of 8.20 per cent for a period of 888 days for an investment of less than two crore rupees. Apart from this, interest will be given at the rate of 7.75 percent on FDs with a tenure of 2 years, 1 day to 887 days.

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