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Ujjivan SFB Revises Interest Rates On Fixed Deposits of Less Than Rs. 2 Cr

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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

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.

TenureInterest Rate (p.a.)
12 Months6.65%
12 Months and 1 Day to 19 Months6.15%
19 Months and 1 Day to 24 Months6.75%
24 Months and 1 Day to 989 Days6.65%
990 Days6.90%
991 Days to 36 Months6.65%
3 Years and 1 Day to 5 Years6.40%
Source: Bank Website. W.e.f. (7th January 2022)

Ujjivan Small Finance Bank FD Rates For Senior Citizens
 

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.

TenureInterest Rate (p.a.)
12 Months7.40%
12 Months and 1 Day to 19 Months6.90%
19 Months and 1 Day to 24 Months7.50%
24 Months and 1 Day to 989 Days7.40%
990 Days7.65%
991 Days to 36 Months7.40%
3 Years and 1 Day to 5 Years7.15%
Source: Bank Website. W.e.f. (7th January 2022)

Ujjivan Small Finance Bank Recurring Deposit Interest Rates

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.

TenureRegular Interest Rate (p.a.)Senior Citizens
6 months to 9 months4.75%5.50%
12 months6.50%7.25%
15 months to 18 months6.00%6.75%
21 months to 24 months6.60%7.35%
27 months to 36 months6.50%7.25%
39 months to 60 months6.25%7.00%
63 months to 120 months6.00%6.75%
Source: Bank Website. W.e.f. (7th January 2022)

Story first published: Saturday, January 15, 2022, 13:12 [IST]
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