This SFB increased fixed deposit rates, now regular customers will get up to 7%

Fincare Small Finance Bank Fixed Deposit Interest Rates

The bank will continue to offer 3% interest on deposits for 7 to 45 days, while the rate on deposits for 46 to 90 days has been increased from 3.25 per cent to 3.50 per cent. Fincare SFB has increased the interest rate on fixed deposits for 91 to 180 days from 3.50 per cent to 4%, an increase of 50 basis points. Deposits maturing in 181 days to 364 days will now attract 5.40 per cent interest rate as against 5.15 per cent earlier, while deposits maturing in 12 months to 18 months will now attract 6.25 per cent interest rate, which was earlier 6%.

The bank will continue to offer 6.50 per cent interest rate on deposits of 18 months, one day to 36 months, while the interest rate on deposits of 36 months, one day to 42 months has been increased from 6.75 per cent. up to 7%. Fincare SFB will continue to pay an interest rate of 6.75 per cent on deposits ranging from 42 days to 59 months. The interest rate on deposits maturing in 59 months 1 day to 66 months has been increased from 6.75 per cent to 7%, while the interest rate on deposits maturing in 66 months 1 day to 84 months has been increased from 5.50 per cent to 6%. Has been. , Senior citizens above 60 years of age will continue to get an additional rate of 0.50% over the regular rate for all tenures.

7 days to 45 days – 3%

46 days to 90 days – 3.5%

91 days to 180 days – 4%

181 days to 364 days – 5.4%

12 months to 15 months- 6.25%

15 months 1 day to 18 months – 6.25%

18 months 1 day to 21 months – 6.50%

21 months 1 day to 24 months – 6.50%

24 months 1 day to 30 months – 6.50%

30 months 1 day to 36 months – 6.50%

36 months 1 day to 42 months – 7%

42 months 1 day to 48 months – 6.75%

48 months 1 day to 59 months – 6.75%

59 months 1 day to 66 months – 7%

66 months 1 day to 84 months – 6%

Source: Bank’s website