Jana SFB Revises FD Rates, Now Offers Upto 8.85% On 500 Days Tenure To Senior Citizens

Jana Small Finance Bank (SFB), a Bengaluru-based SFB, revises its interest rates on fixed deposits of less than Rs 2 Crore. The revised interest rates are effective from April 10, 2023, according to the Jana SFB's official website.

Jana SFB is now offering interest rates on maturity periods ranging from 7 days to 10 years that range from 3.75% to 8.15% for the general public and 4.45% to 8.85% for senior citizens, respectively. On the special tenure of 500 days, the bank is giving the highest 8.15% to the general public and 8.85% to senior citizens, respectively.

Jana SFB offers up to and above 7% interest on select Fixed Deposits Maturity periods. On the deposit period of 181 days to 365 days, the bank offers 7% to the general public and 7.70% to senior citizens. On the deposit period of 365 days to 499 days, and 501 days to 2 years, the bank offers 7.25% to the general public and 7.95% to senior citizens.

On the deposit period of 2 years to 3 years, the offers 7.35% to the general public and 8.05% to the general public. For the deposit period of 3 years to 5 years, the bank offers 7.25% to the general public and 7.95% to the general public.

Interest Rates For Fixed Deposit Less Than Rs 2 Cr (effective 10th April 2023)

Tenure	Regular FD Interest Rate (p.a.)	Senior Citizen FD Interest Rate (p.a.)
7-14 Days	3.75%	4.45%
15-60 Days	4.25%	4.95%
61-90 Days	5.00%	5.70%
91-180 Days	6.25%	6.95%
181-364 Days	7.00%	7.70%
365 - 499 Days	7.25%	7.95%
501 Days - 2 Years	7.25%	7.95%
> 2 Years - 3 Years	7.35%	8.05%
> 3 Year -	7.25%	7.95%
5 Year (1825 Days)	6.00%	6.70%
> 5 Years - 10 Years	6.00%	6.70%
500 Days	8.15%	8.85%

Source - Janabank.com