North East SFB Revises Interest Rates On Fixed, Recurring & Saving Bank Deposits

North East Small Finance Bank (SFB) has revised its interest rates on fixed deposits, recurring deposits and saving bank deposits. The new rates are effective as of 27th Jan 2022, according to the official website of the bank. Following the most recent modification, the bank is currently giving non-senior and senior citizens the following interest rates.

North East Small Finance Bank Fixed Deposit Interest Rates

The bank is now providing the following interest rates to the general public and senior citizens on domestic term deposits of less than Rs. 2 crore maturing in 7 days to 3650 days.

Tenure	Regular interest rates p.a.	Senior citizens interest rates p.a.
7 - 14 Days	3	3.5
15 - 29 Days	3	3.5
30 - 45 Days	3	3.5
46 - 90 Days	3.5	4
91 - 180 Days	4	4.5
181 - 365 Days	5	5.5
366 - 729 Days	6.75	7.25
730 - 1095 Days	6.75	7.25
777 Days	7	7.5
1096 - 1825 Days	6.5	7
1826 - 3650 Days	6.25	6.75
Source: Bank Website. W.e.f. 27th Jan 2022

North East Small Finance Bank Recurring Deposit Interest Rates

North East Small Finance Bank is now offering the following interest rates to the general public and elderly persons on domestic recurring deposits of less than Rs. 2 crore maturing in 3 months to 10 years.

Tenure	Regular interest rates p.a.	Senior citizens interest rates p.a.
3 Months	4.25	4.75
6 Months	4.5	5
9 Months	5.5	6
1 Year	5.5	6
2 Year	7.5	8
3 Year	7	7.5
4 Year	7	7.5
5 Years	6.5	7
More than 5 years upto 10 years	6.5	7
Source: Bank Website. W.e.f. 27th Jan 2022

North East Small Finance Bank Savings Account Interest Rates

Effective from 27th Jan 2022, the bank is promising the below-listed interest rates on savings bank deposits.

Balance	Interest rate
Rs 0 - upto 4.99 Lacs	4
5 Lacs - upto 25 Lacs	5
25 lacs- Upto 10 Crores	5.5
>10 Crores to 25 Crores	5.75
>25 Crores and above	6
Source: Bank Website. W.e.f. 27th Jan 2022