This bank is giving 8.25% interest on FD, know the account of deposit amount and maturity

The bank currently offers 7.50 percent interest rate on FDs maturing in 75 months, and 6.00 percent interest rate will be effective on FDs maturing in 75 months, 1 day to 120 months. Senior citizens will get 8.25 percent interest.

Aug 10, 2022 | 12:40 PM

TV9 Bharatvarsh | Edited By: Ravikant Singh


Aug 10, 2022 | 12:40 PM




After the recent hike in the repo rate, loans are getting expensive on one hand, while on the other hand the interest rates of fixed deposits and savings accounts are seeing an increase.  The Reserve Bank has increased the repo rate by up to 140 basis points.  After this, the FD rates of banks continue to increase.  In this sequence, Ujjivan Small Finance Bank has increased the interest on FDs of less than 2 crores.  The new rates are applicable from August 9.  According to the new rates, 3.75 percent to 6 percent interest is being given for FDs of 7 days to 120 days.  Senior citizens are getting 4.50 to 6.75 percent interest.  This bank is giving maximum interest of 7.50 per cent to general public and 8.25 per cent to senior citizens.

After the recent hike in the repo rate, loans are getting expensive on one hand, while on the other hand the interest rates of fixed deposits and savings accounts are seeing an increase. The Reserve Bank has increased the repo rate by up to 140 basis points. After this, the FD rates of banks continue to increase. In this sequence, Ujjivan Small Finance Bank has increased the interest on FDs of less than 2 crores. The new rates are applicable from August 9. According to the new rates, 3.75 percent to 6 percent interest is being given for FDs of 7 days to 120 days. Senior citizens are getting 4.50 to 6.75 percent interest. This bank is giving maximum interest of 7.50 per cent to general public and 8.25 per cent to senior citizens.

Earlier, 2.90 percent interest was available on deposits from 7 days to 29 days, but it has been increased to 3.75 percent.  FDs maturing in 30 days to 89 days are getting 4.25 percent interest, which was 3.50 percent earlier.  5.25 percent interest is being available on 6-month FD which was 5 percent earlier.  FD maturing in 90 to 179 days is getting 4.75 percent interest instead of 4.25.  Interest is being increased from 4.75 percent to 5.50 percent on FDs of 6 to 9 months.  9 months FD will now give 5.75 percent return, which was 5.05 percent earlier.

Earlier, 2.90 percent interest was available on deposits from 7 days to 29 days, but it has been increased to 3.75 percent. FDs maturing in 30 days to 89 days are getting 4.25 percent interest, which was 3.50 percent earlier. 5.25 percent interest is being available on 6-month FD which was 5 percent earlier. FD maturing in 90 to 179 days is getting 4.75 percent interest instead of 4.25. Interest is being increased from 4.75 percent to 5.50 percent on FDs of 6 to 9 months. 9 months FD will now give 5.75 percent return, which was 5.05 percent earlier.

FDs of more than 9 months but less than 12 months will get 6.50 percent interest as before.  But FDs maturing in 12 months will increase from 6.70 percent to 7 percent interest.  FDs maturing in 75 weeks will get a maximum interest of 7.50 percent.  FD maturing in 12 months from 1 day to 524 days will get 7.20 percent interest.  The interest rate of FDs lasting from 526 days to 18 months is fixed at 7.20 percent, while FDs of less than 18 months from 1 day to 24 months will get 7 percent interest.  Earlier this rate was 6.60 percent.

FDs of more than 9 months but less than 12 months will get 6.50 percent interest as before. But FDs maturing in 12 months will increase from 6.70 percent to 7 percent interest. FDs maturing in 75 weeks will get a maximum interest of 7.50 percent. FD maturing in 12 months from 1 day to 524 days will get 7.20 percent interest. The interest rate of FDs lasting from 526 days to 18 months is fixed at 7.20 percent, while FDs of less than 18 months from 1 day to 24 months will get 7 percent interest. Earlier this rate was 6.60 percent.

7.10 percent interest rate will continue to be given on FDs with maturity of 24 months, while 6.50 percent interest rate will continue to be given on FDs of 24 months, 1 day to 989 days.  On deposits maturing in 990 days, Ujjivan Small Finance Bank will now offer an interest rate of 7.50 per cent as against 7.20 per cent earlier.  FDs maturing in 36 months 1 day to 42 months will continue to get an interest rate of 6.25 percent, while FDs maturing in 991 days to 36 months will continue to get 6.50 percent interest rate.

7.10 percent interest rate will continue to be given on FDs with maturity of 24 months, while 6.50 percent interest rate will continue to be given on FDs of 24 months, 1 day to 989 days. On deposits maturing in 990 days, Ujjivan Small Finance Bank will now offer an interest rate of 7.50 per cent as against 7.20 per cent earlier. FDs maturing in 36 months 1 day to 42 months will continue to get an interest rate of 6.25 percent, while FDs maturing in 991 days to 36 months will continue to get 6.50 percent interest rate.

Ujjivan Small Finance Bank currently offers an interest rate of 6.00 percent on FDs maturing in 60 months, 1 day to less than 75 months, while it offers an interest rate of 7.20 percent on FDs maturing in 42 months, 1 day to 60 months. Will keep giving rate.  The bank currently offers 7.50 percent interest rate on FDs maturing in 75 months, and 6.00 percent interest rate will be effective on FDs maturing in 75 months, 1 day to 120 months.  On this basis, the maximum interest rate of 7.50 percent is for general public, but senior citizens will get 0.75 percent extra in this.  The maximum rate of interest for them will be 8.25%.

Ujjivan Small Finance Bank currently offers an interest rate of 6.00 percent on FDs maturing in 60 months, 1 day to less than 75 months, while it offers an interest rate of 7.20 percent on FDs maturing in 42 months, 1 day to 60 months. Will keep giving rate. The bank currently offers 7.50 percent interest rate on FDs maturing in 75 months, and 6.00 percent interest rate will be effective on FDs maturing in 75 months, 1 day to 120 months. On this basis, the maximum interest rate of 7.50 percent is for general public, but senior citizens will get 0.75 percent extra in this. The maximum rate of interest for them will be 8.25%.






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