Unity Bank Offers Rates As High As 9.10% For 1001-Day FDs: Check Revised Rates Effective From March

After being formed in November 2021, Unity Small Finance Bank (Unity SFB) received a Small Finance Bank licence from the Reserve Bank of India (RBI) in October of the same year. Surprisingly, the bank changed the interest rates on fixed deposits that are less than Rs 3 Cr. As of March 11, 2025, the deposit interest rate has been modified. The updated card rates also apply to recurring deposits. In light of the modification, Unity SFB is providing a maximum return of 8.60% for general customers and 9.10% for senior citizens over a certain period of tenure. Scroll down for more specific details.

Unity SFB FD Rates 2025

The bank is now paying an interest rate of 4.50% on fixed deposits that mature in 7-14 days, while Unity SFB is now offering an interest rate of 4.75% on those that mature in 15-45 days. Currently, Unity SFB is providing an interest rate of 5.75% for 46-60 day fixed deposit tenures and 6.00% for 61-90 day fixed deposit tenures. Fixed deposits due in 91 - 6 months will now fetch an interest rate of 6.25% and those maturing in 6 months - 364 days will now fetch an interest rate of 7.00% at Unity SFB.

The bank is offering 7.25% interest on fixed deposits that mature in 1 year, and Unity SFB is now offering 7.50% interest on those that mature in 1 year, 1 day to 500 days, and 8.00% interest on fixed deposits that have a tenure of 501 days and 7.75% interest on those that have a tenure of 502 days to 700 days. The bank is offering 7.25% interest on fixed deposits that mature in 701 days, and Unity SFB is now offering 7.75% interest on those that mature in 702 days to 1000 days.

The bank is now paying a maximum interest rate of 8.60% on term deposits that mature in 1001 days, while Unity SFB is now offering an interest rate of 8.15% on those that mature in 1002 days to 5 years.

Tenure	General FD Rates % p.a.	Senior Citizen FD Rates % p.a.
7 - 14 Days	4.50%	4.50%
15 - 45 Days	4.75%	4.75%
46 - 60 Days	5.75%	6.25%
61 - 90 Days	6.00%	6.50%
91 - 164 Days	6.25%	6.75%
165 Days - 6 Months	6.25%	6.75%
6 Months - 201 Days	7.00%	7.50%
202 - 364 Days	7.00%	7.50%
1 Year	7.25%	7.75%
1 Year 1 day	7.50%	8.00%
1Year 1 day - 500 days	7.50%	8.00%
501 Days	8.00%	8.50%
502 Days - 18 Months	7.75%	8.25%
18 Months - 700 Days	7.75%	8.25%
701 Days	8.25%	8.75%
702 Days - 1000 Days	7.75%	8.25%
1001 Days	8.60%	9.10%
1002 Days - 3 Year	8.15%	8.65%
3 Year - 5 Year	8.15%	8.65%
5 Year - 10 Year	7.00%	7.50%
Source: Bank Website. W.e.f. 11th Mar, 2025

On term deposits that mature between 5 Year - 10 year, Unity SFB is presently giving an interest rate of 7.00%.

"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 the deposit has remained with the bank," mentioned Unity Small Finance Bank on its website.

There is no upper limit for a fixed deposit with Unity SFB, and you may create an account with as much as Rs 1,000. Anyone can open a fixed deposit at the bank, including residents, elderly citizens, HUF members, private or public limited corporations, and partnership firms.