For Quick Alerts
For Daily Alerts

This Small Finance Bank Is Offering FD Interest Rate Up to 7.9% In Short Term Investment: Check Rates


An investor can look for out for Fixed Deposit or FD investment as a secured investment tool. At present the global equity markets are bearish, and in line with that, the Indian equity markets are also going down. Most of the major economies have raised their interest rate, and the key lending rate marginally. RBI has also implemented the same. So, the equity markets are not performing well, leading to good returns on government bonds. Similarly, after the RBI repo rate hike, some banks and NBFCs have also raised their interest rates on FDs. So, now it is a good opportunity for investors to check the banks' FD rates for good returns. Here the FD rates of Ujjivan Small Finance Bank have been listed below.

This Small Finance Bank Is Offering FD Interest Rate Up to 7.9%: Check Rates

Ujjivan Small Finance Bank Non-Callable FD rates

Ujjivan Small Finance Bank is a reputed small finance bank that has developed and evolved through the years and strengthened its customer base well. For Ujjivan Small Finance Bank account holders, the 19 Months to 24 Months FD rate for the public is 7.00% and 7.75% for senior citizens, and the 24 Months to 989 Days FD rate for the public is 6.90% and 7.65% for senior citizens, for 990 Days FD the rate for the public is 7.15% and 7.90% for senior citizens, for 991 Days to 36 Months FD the rate for the public is 6.90% and 7.65% for senior citizens, for 3 Years and 1 Day to 5 Years FD the rate for the public is 6.65% and 7.40% for senior citizens.

TenureRate for publicRate for senior citizens
990 Days7.15%7.90%
19 Months to 24 Months7.00%7.75%

These mentioned rates are applicable for Non-Callable FDs, which means the invested amount by the investor cannot withdraw before the date of maturity. For any cause like the bankruptcy of the account holder, winding up of business, orders by, death the FD cannot be withdrawn. The mentioned interest rates are revised rates by the bank, with effect from 1st May 2022. After the RBI has decided on a Repo Rate hike to control high inflation in the economy, the small finance bank has also revised its rates offering higher returns to the investors.

Advantages of Ujjivan Small Finance Bank Non-Callable FDs

In most cases, the banks offer a 0.50% extra interest rate on FDs for senior citizens. However, this small finance bank's offer is more lucrative than theirs because they are offering 0.75% extra interest on FDs for senior citizens. So, for secured and assured returns on FDs, senior citizens can check Ujjivan Small Finance Bank's offers.


However, interest rates are subject to periodic changes. It mostly depends on the RBI repo rate. So, it is suggested that, rather than long-term FDs, investors can select short-term FDs for good returns. In the case of Ujjivan Small Finance Bank, the FD rate is highest for the 990 Days FDs. The Other FDs in the shorter or longer period is offering lesser interest rates.

The small finance bank has a Pan-India presence, with more than 59.7 lakh customers, and more than 575 banking touch-points across 248 districts, 24 states, and Union Territories - as of September 30, 2021. They also have convenient alternative channels and a digital footprint across internet banking, mobile application, tablet-based origination, and phone banking.

Read more about: fd interest rate fixed deposit
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X