Latest News
-
Honasa Consumer to Strengthen Operations by Merging Fusion Cosmeceutics and Just4Kids -
Wipro Reports 7.8% Decline in Q4 Net Profit; CEO Highlights Economic Challenges -
IREDA Hits Record Annual PAT of Rs 1,252 Cr in FY24; Q4 Profits Up by 33% -
Massive Employee Exodus Hits India's Top IT Companies in FY23-24 -
Air India Enhances Operational Efficiency with New Crew Management System -
BlackRock Acquires Shares in Electrosteel Castings and PTC India for Rs 207 Crore -
IndiGo Enhances Domestic Routes with Direct Chennai-Durgapur Flights -
Tesla to Recall Nearly 4,000 Cybertrucks Over Accelerator Pedal Fault -
Reliance, ONGC, Tata, Adanis: Energy Stocks Didn't Get The Memo Of Bears, Up 12% In 30-Days; 10 Stocks To BUY -
Sebi to Enhance Price Discovery for Firms Trading Below Book Value
Ujjivan SFB Revises Interest Rates On Fixed Deposits of Less Than Rs. 2 Cr
Ujjivan Small Finance Bank has revised its interest rates on Domestic, NRE, and NRO deposits of less than Rs. 2 Cr. The new rates are effective as of 7th January 2022, according to the official website of the bank. The latest interest rates of the bank are discussed here in brief.
Ujjivan Small Finance Bank FD Rates For Regular Customers
Following the most recent revision, the bank is now offering an interest rate of 6.65% and 6.15% to the general public on their deposits maturing in 12 months and 12 months and 1 day to 19 months. The bank is now offering interest rates of 6.75 percent and 6.65 percent on deposits maturing in 19 months and 1 day to 24 months and 24 months and 1 day to 989 days, respectively. On term deposits maturing in 990 days, the general public would now get a 6.90 percent interest rate. Deposits maturing in 991 days to 36 months, 3 years, and 1 day to 5 years will now return 6.65 percent and 6.40 percent interest, respectively. The current interest rates on fixed deposits of less than Rs. 2 crore are listed below.
| Tenure | Interest Rate (p.a.) |
|---|---|
| 12 Months | 6.65% |
| 12 Months and 1 Day to 19 Months | 6.15% |
| 19 Months and 1 Day to 24 Months | 6.75% |
| 24 Months and 1 Day to 989 Days | 6.65% |
| 990 Days | 6.90% |
| 991 Days to 36 Months | 6.65% |
| 3 Years and 1 Day to 5 Years | 6.40% |
| Source: Bank Website. W.e.f. (7th January 2022) |
Ujjivan Small Finance Bank FD Rates For Senior Citizens
Senior Citizens would continue to get an additional rate of 0.75% on their deposits across all tenors. Senior citizens will now get an interest rate of 7.40 percent and 7.15 percent on deposits maturing in 7 days to 10 years, respectively, as a result of the most recent modification.
| Tenure | Interest Rate (p.a.) |
|---|---|
| 12 Months | 7.40% |
| 12 Months and 1 Day to 19 Months | 6.90% |
| 19 Months and 1 Day to 24 Months | 7.50% |
| 24 Months and 1 Day to 989 Days | 7.40% |
| 990 Days | 7.65% |
| 991 Days to 36 Months | 7.40% |
| 3 Years and 1 Day to 5 Years | 7.15% |
| Source: Bank Website. W.e.f. (7th January 2022) |
Ujjivan Small Finance Bank Recurring Deposit Interest Rates
On Resident Recurring Deposits of less than Rs 2 Cr, the bank has made interest rate revision on 7th January 2022 which are listed below in brief.
| Tenure | Regular Interest Rate (p.a.) | Senior Citizens |
|---|---|---|
| 6 months to 9 months | 4.75% | 5.50% |
| 12 months | 6.50% | 7.25% |
| 15 months to 18 months | 6.00% | 6.75% |
| 21 months to 24 months | 6.60% | 7.35% |
| 27 months to 36 months | 6.50% | 7.25% |
| 39 months to 60 months | 6.25% | 7.00% |
| 63 months to 120 months | 6.00% | 6.75% |
| Source: Bank Website. W.e.f. (7th January 2022) |
