AU Small Finance Bank has increased interest rates on fixed deposits of less than 2 Crore From today 24th June 2022, the new interest rates will be applicable and after the revision the bank is now offering regular interest rate of 3.75% – 6.90% and 4.25% – 7.40% to senior citizens on fixed deposits maturing in 7. days to 120 months.
AU Small Finance Bank FD Rates 2022
The bank will continue to offer an interest rate of 3.75 per cent on deposits maturing in 7 days to 1 month and 15 days and 4.25 per cent on deposits maturing in 1 month and 16 days to 3 months. The interest rate on fixed deposits maturing in 3 months, 1 day to 6 months will be 4.75 percent, while the interest rate on fixed deposits maturing in 6 months, 1 day to 12 months has increased from 5.25 percent to 5.35 percent. percent, an increase of 10 basis points.
AU Small Finance Bank will now offer an interest rate of 6.60% which was earlier an increase of 6.50% on deposits maturing in 12 months 1 day to 15 months and on deposits maturing in 15 months 1 day to 24 months. has increased by 10 bps from 6.35% to 6.45%. The interest rate on fixed deposits maturing in 24 months and 1 day to 36 months has increased from 6.75 per cent to 6.90 per cent, an increase of 15 basis points.
The interest rates for the period from 1 day to 45 months have increased from 6.35 per cent to 6.90 per cent, an increase of 55 basis points. The bank will now offer an interest rate of 6.45 per cent on deposits maturing in less than 60 months from 45 months and one day, from 6.35 per cent earlier, and on fixed deposits maturing in 60 months to 120 months, the rate of interest AU Small Finance Bank rose 15 basis points or bps to 6.90 per cent from 6.75% earlier.
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AU Small Finance Bank FD Rates for Senior Citizens
On deposits of all tenors, only resident senior citizen customers of AU Small Finance Bank will continue to get an additional rate of 0.50% over and above the regular rate. Here are the revised interest rates for senior citizens effective today.
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AU Small Finance Bank RD Rates
A Recurring Deposit (RD) scheme with a maturity range of 3 months to 120 months is offered by AU Small Finance Bank. According to the bank’s website “For Recurring Deposits, the interest on the deposit is compounded at quarterly intervals at the applicable rates. The interest will be calculated from the date of payment of the installment.”
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