Unity Bank FD Rates Revised: Earn Up to 8.30% Interest on Special 501-Day Fixed Deposits; Check Latest Returns

Unity Small Finance Bank (Unity Bank) has revised its fixed deposit (FD) interest rates, offering returns of up to 8.30% per annum for senior citizens and 7.80% per annum for general customers on a special 501-day tenure. The revised rates come into effect from June 11, 2026.

Unity Bank Revised FD Interest Rates; Check Returns

The latest revision places Unity Bank among the lenders offering competitive returns on term deposits, particularly for investors looking to lock in funds for medium-term periods. The bank said the enhanced rates are designed to help customers maximise returns while maintaining the safety and predictability associated with fixed deposits.

501-Day Special Fixed Deposit Offers Highest Returns

Under the revised rate structure, the 501-day fixed deposit has emerged as the most attractive offering. General depositors will earn 7.80% per annum, while senior citizens will receive 8.30% per annum, making it one of the highest-paying tenures in the bank's retail FD portfolio.

The bank also offers 7.50% interest for a 12-month fixed deposit to general customers, while senior citizens can earn 8.00% for the same tenure. For tenures ranging from 502 days to 998 days, general investors are eligible for 6.75%, whereas senior citizens can earn 7.25%.

Attractive Savings Account Interest Rates

Apart from fixed deposits, Unity Bank continues to offer relatively higher interest rates on savings accounts. Deposits of up to Rs 1 lakh earn 4.50% per annum, while balances above Rs 1 lakh and up to Rs 10 lakh receive 6.00% per annum. Customers maintaining balances of more than Rs 10 lakh can earn 7.00% per annum on their savings deposits.

The savings account rates have remained unchanged since August 2025 and continue to be among the key attractions for customers seeking higher returns on idle funds.

Unity Bank FD Rates Revised Across Multiple Tenures

The revised deposit rate card covers a broad range of maturities. Short-term deposits of 7 to 45 days will earn 4.00%, while deposits between 46 and 90 days offer returns between 4.75% and 5.00% for general customers. Rates gradually increase for longer tenures, with additional benefits available to senior citizens across most categories.

The bank also confirmed that recurring deposits on specified tenures will continue to receive rates aligned with the revised FD structure.

Premature FD Withdrawal Rules

Unity Bank has clarified that premature withdrawal of fixed deposits and recurring deposits will attract a penalty of 1% over the applicable interest rate for the period the deposit remained with the bank. The lender also offers an additional 1% interest benefit to its employees over the published card rates.

For non-resident customers, the bank stated that NRE term deposits can only be accepted for a minimum tenure of one year, while no interest will be payable on premature withdrawal of NRE deposits before completion of one year. Senior citizen benefits are not applicable to non-resident customers.

About Unity Small Finance Bank

Unity Small Finance Bank is a Scheduled Commercial Bank promoted by Centrum Financial Services Ltd., a subsidiary of the listed financial services group Centrum Capital Ltd., along with joint investor Resilient Innovations Pvt Ltd. The bank offers services across consumer banking, business banking, inclusive banking, digital banking, commercial banking and treasury operations.