Fincare Small Finance Bank Hikes Fixed Deposit Interest Rates: Get Upto 8% FD Interest

Fincare Small Finance Bank has revised its FD interest rates, applicable for deposits below Rs. 2 crore, that came into effect on August 21. Check the new rates here.

Revised FD interest rates for: 48 months to 84 months

For Fincare Small Finance Bank account holders, for FD investment from 66 months 1 day to 84 months, the interest rate for public is 6%, while the interest rate for senior citizen is 6.50%, for FD investment from 59 months 1 day to 66 months, the interest rate for public is 7%, while the interest rate for senior citizen is 7.50%, for FD investment from 48 months 1 day to 59 months, the interest rate for public is 6.75%, while the interest rate for senior citizen is 7.25%.

New FD interest rates for: 750 days to 48 months

For FD investment from 1001 days to 48 months, the interest rate for public is 7.00%, while the interest rate for senior citizen is 7.50%, for FD investment from 1000 days, the interest rate for public is 7.50%, while the interest rate for senior citizen is 8%, for FD investment from 751 days to 999 days, the interest rate for public is 7.00%, while the interest rate for senior citizen is 7.50%, for FD investment from 750 days, the interest rate for public is 7.25%, while the interest rate for senior citizen is 7.75%.

Revised FD interest rates for: 500 days to 749 days

For FD investment from 24 months 1 day to 749 days, the interest rate for public is 7%, while the interest rate for senior citizen is 7.50%, for FD investment from 24 months 1 day to 749 days, the interest rate for public is 7%, while the interest rate for senior citizen is 7.50%, for FD investment from 501 days to 24 months, the interest rate for public is 6.75%, while the interest rate for senior citizen is 7.25%, for FD investment from 500 days, the interest rate for public is 7.00%, while the interest rate for senior citizen is 7.50%.

Best FD interest rates comparison

 

Tenure	Rate for public	Rate for senior citizen
500 days	7.00%	7.50%
750 days	7.25%	7.75%
1000 days	7.50%	8.00%
1001 days to 48 months	7.00%	7.50%

However, investors should check the interest rates offered before investing, because the interest rates are subject to change depending on the RBI repo rate hike.