Fincare SFB Revises Fixed Deposit Interest Rates; Now Get 9.11% Interest To Senior Citizens

Fincare Small Finance Bank (FSFB) hiked interest rates on fixed deposits (FDs) below Rs. 2 Crore. The revised rates will be applicable from May 25, 2023, according to the Bank's official website. The bank offers interest rates ranging between 3% to 8.51% to the general public on the deposit period that ranges from 7 days to 84 months. Whereas, senior citizens get interest rates ranging from 3.60% to 9.11% for the same deposit period.

The bank offers 3 special tenure FDs of 500 days, 750 days, and 1000 days. On 500 days, the bank offers 8.11% to the general public and 8.71% to senior citizens, On 750 days, the bank offers 8.31% to the general public and 8.91% to senior citizens. Whereas, the bank offers the highest 8.51% to the general public and 9.11% to senior citizens on the special FD tenure of 1000 days. The above interest rates on FDs come with the Premature Withdrawal Facility.

Resident Fixed Deposit (Less than Rs 2 Crore) - With Premature Withdrawal Facility

Tenure	General Public Rates	Senior Citizens Rates
7 Days - 45 Days	3.00%	3.60%
46 Days - 90 Days	4.50%	5.10%
91 Days - 180 Days	5.50%	6.10%
181 Days - 365 Days	6.25%	6.85%
12 Months - 15 Months	7.50%	8.10%
15 Months 1 Day - 499 Days	7.50%	8.10%
500 Days	8.11%	8.71%
501 Days - 18 Months	7.50%	8.10%
18 Months 1 Day - 21 Months	7.80%	8.40%
21 Months 1 Day - 24 Months	7.80%	8.40%
24 Months 1 Day - 749 Days	7.90%	8.50%
750 Days	8.31%	8.91%
751 Days - 30 Months	7.90%	8.50%
30 Months 1 Day to 99 Days	8.00%	8.60%
1000 Days	8.51%	9.11%
1001 Days - 36 Months	8.00%	8.60%
36 Months 1 Day - 42 Months	8.25%	8.85%
42 Months 1 Day - 48 Months	7.50%	8.10%
48 Months 1 Day - 59 Months	7.50%	8.10%
59 Months 1 Day - 66 Months	8.00%	8.60%
66 Months 1 Day - 84 Months	7.00%	7.60%

Source - Fincarebank.com