Up to 8.50% interest is available only on 15 month FD, this bank announced, check the latest rate

New Delhi. Whenever there is talk of savings, the name of Fixed Deposit (FD) definitely comes up. Your investment in Fixed Deposit is safe, and you also get guaranteed returns. If you also want to invest in FD then this is useful news for you. Actually, recently Ujjivan Small Finance Bank has changed the interest rates on Fixed Deposit (FD).

After revision of interest rates, Ajivan Small Finance Bank offers interest rates ranging from 3.75 percent to 8.50 percent for general customers. The highest interest rate is 8.50 percent on a 15-month term and the highest interest rate on the same term for senior citizens is 9 percent. The new rates will be effective from March 7, 2024.

Multiple interest payment options
Deposits above Rs 1 crore and deposits below Rs 2 crore will only be eligible for the additional interest rate of 0.20% offered by Platina FD. Interest payment options available for Ujjivan SFB are monthly, quarterly and on maturity.

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