Ujjivan Small Finance Bank hikes fixed deposit rates: Now get up to 8.25%

Ujjivan Small Finance Bank FD Rates

Earlier an interest rate of 2.90 per cent was offered on fixed deposits maturing in 29 days from 7 days, now the bank is offering an interest rate of 3.75 per cent. For fixed deposits maturing in 89 days from 30 days, the bank is now offering an interest rate of 4.25 per cent, which was earlier offered at 3.50 per cent. Fixed deposits maturing in 6 months will now fetch an interest rate of 5.25 per cent plus 5 per cent, while fixed deposits maturing in 90 to 179 days will now attract an interest rate of 4.25 per cent plus 4.75 per cent. Ujjivan Small Finance Bank will now offer an interest rate of 5.50 per cent on fixed deposits maturing in 6 months to less than 9 months as against 4.75 per cent earlier. On fixed deposits maturing in 9 months, the bank will now pay an interest rate of 5.75 per cent as against 5.05 per cent earlier.

The bank will continue to offer an interest rate of 6.50 per cent on fixed deposits maturing in more than 9 months but less than 12 months, and will now offer an interest rate of 7.00 per cent instead of 6.70 per cent on fixed deposits maturing in 12 months. month. Fixed deposits maturing in 75 weeks (525 days) will now attract a maximum interest rate of 7.50 per cent, while fixed deposits maturing in 12 months and 1 day to 524 days will now attract an interest rate of 7.20 per cent. Ujjivan Small Finance Bank will now offer an interest rate of 7.20 per cent on fixed deposits maturing in 526 days to 18 months, while the bank will also offer an interest rate of 6.60 per cent to 7.00 per cent on fixed deposits maturing in 526 days. 18 months and less than 24 months from 1 day.

Deposits with maturities of 24 months will continue to offer 7.10 per cent interest rate, while fixed deposits with maturities of 24 months, 1 day to 989 days will continue to offer 6.50 per cent interest rate. On deposits maturing in 990 days, Ujjivan Small Finance Bank will now offer an interest rate of 7.50 per cent as against 7.20 per cent earlier. Fixed deposits maturing in 36 months 1 day to 42 months will continue to offer an interest rate of 6.25 per cent, while deposits maturing in 991 days to 36 months will continue to offer an interest rate of 6.50 per cent. The bank currently offers an interest rate of 6.00 percent on fixed deposits maturing in less than 75 months from 60 months 1 day to 6.00 percent, while it offers an interest rate of 7.20 percent on fixed deposits maturing in 42 months, 1 day. Will stay 60 months. The bank currently offers 7.50 per cent interest rate on fixed deposits maturing in 75 months, and 7.00 per cent interest rate will be effective on fixed deposits maturing in 75 months, 1 day to 120 months.

Ujjivan Small Finance Bank Platina FD Rates

Platina Fixed Deposit Scheme is another unique deposit option offered by Ujjivan Small Finance Bank. Platina FD Rates Only Rs. Applicable on deposits exceeding Rs. 15 lakhs and under Rs. 2 crores. Additionally, Platina FD rates are non-callable deposit instruments, hence depositors cannot make partial or premature withdrawals from this fixed deposit scheme. Ujjivan Small Finance Bank on its website mentions that “Platina FDs are available only for individuals below 60 years of age. Hence, senior citizens cannot open Platina FDs. Platina FDs are now only available to individuals (<60 years) and TASC customers (except FIG)." The bank now offers interest rate on this deposit scheme which ranges from 7.20 per cent to 7.40 per cent on deposits maturing in 12 months to 60. Customers can earn 75 weeks (525 days) and 990 days maximum interest rate of 7.70 percent on Platina Fixed Deposit.

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