North East Small Finance Bank (SFB) has announced revision of interest rates on fixed deposits, recurring deposits and savings bank accounts amid hike in interest rates. According to the official website of the bank, the new rates are effective from today, September 16, 2022. The bank is now offering a maximum rate of 7.75% on Fixed Deposits, 7.50% on Recurring Deposits and 6.00% on Savings Accounts. the result of the amendment.
North East Small Finance Bank (SFB) FD Rates
The bank is currently offering 3.00% interest rate on fixed deposits maturing in 7 to 29 days and 3.50% interest rate on fixed deposits maturing in 30 to 45 days. Fixed deposits with maturities between 46 and 90 days now pay 4.20% interest, and fixed deposits with maturities between 91 and 180 days now pay 4.75% interest. On fixed deposits maturing in 181 to 365 days, North East Small Finance Bank (SFB) will now offer an interest rate of 5.25%, and on deposits maturing in 366 to 776 days, the bank will now offer an interest rate of 7.00%. will guarantee.
On fixed deposits maturing in 777 days, the bank will now offer an interest rate of 7.50% and on fixed deposits maturing in 778 – 1095 days, the bank will now offer an interest rate of 7.00%. Fixed deposits maturing in 1096 – 1110 days will now attract an interest rate of 6.50% and fixed deposits maturing in 1111 days will now attract a maximum interest rate of 7.75%. North East Small Finance Bank (SFB) will now offer an interest rate of 6.50% on fixed deposits maturing in 1112-1825 days and the bank is now promising an interest rate of 6.25% on fixed deposits maturing in 1826 – 3650 days. Used to be.
North East Small Finance Bank (SFB) RD Rates
Recurring deposits (RDs) are allowed by North East Small Finance Bank (SFB) for tenors ranging from three months to ten years. The bank currently offers an interest rate of 4.25% on RDs maturing in 3 months, and will now offer an interest rate of 4.50% on RDs maturing in 6 months. The interest rate for RD will now be 5.50% for those maturing in 9 months and 5.50% for those maturing in 1 year.
North East Small Finance Bank (SFB) has announced that it will offer an interest rate of 7.50% on RDs maturing in 2 years and 7.00% on RDs maturing in 3 years. The bank is currently offering an interest rate of 6.50% on RDs maturing in 5 years and 7.00% on RDs maturing in 4 years. RDs will now earn interest at the rate of 6.50% when they mature for more than 5 years and up to 10 years.
North East Small Finance Bank (SFB) Savings Account Interest Rates
on savings account balance 0 – 4.99 lakh, the bank is now offering an interest rate of 4.00% and a savings account balance of Rs. 5 lakhs – up to 25 lakhs the bank is now promising an interest rate of 5.00%. Savings Account with Balance Slab 25 lakh – up to 10 crore will now be available with an interest rate of 5.50% and balance slab in savings account 10 crore to 25 crore will now get an interest rate of 5.75%. North East Small Finance Bank (SFB) will now offer an interest rate of 6.00% on savings account balance 25 crores and above.
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