A special 999-day fixed deposit (FD) has been introduced by ESAF Small Finance Bank (ESAF SFB) with an interest rate of 8% for general public and 8.50% for senior citizens. This special FD program will be available till 30 November 2022. In addition to this limited time offer, ESAF SFB has revised the interest rates on Fixed Deposits as below. 2 Crore The bank is now offering interest rates on FDs with maturities ranging from 7 days to 10 years which range from 4.00% to 5.25% for general public and 4.50% to 5.75% for senior citizens. ESAF SFB mentions on its website, “Special FD rate of 8.00% for 999 days will be available till 30-Nov-2022.”
ESAF SFB FD Rates
The bank is now offering an interest rate of 4.00% on fixed deposits maturing in the next 7 to 14 days, and ESAF Small Finance Bank (ESAF SFB) will also offer an interest rate of 4.50% on those maturing in the next 7 to 14 days. 15 to 59 days. Deposits maturing in the next 60 to 90 days will now pay interest at the rate of 5.00%, and deposits maturing in the next 91 to 182 days will now pay interest at the rate of 5.25%. The interest rates offered by ESAF Small Finance Bank (ESAF SFB) are now 5.50% for FDs maturing in 183 days to one year and 6.60% for FDs maturing in less than 1 year, 1 day, 2 years .
On fixed deposits maturing in 2 years to 998 days, the bank will now pay an interest rate of 7.25% and on those maturing in 999 days, ESAF SFB will now pay an interest rate of 8.00%. Deposits maturing in 1000 days to less than 3 years will now pay an interest rate of 7.25% and those maturing in 3 years to 5 years will now get an interest rate of 5.75%. ESAF Small Finance Bank will now pay an interest rate of 5.25% on deposits maturing in 5 years to 10 years.
The interest rates mentioned below are applicable to both new and renewed resident fixed deposits. The interest rates mentioned below are applicable to resident recurring deposits as well.
see full image
During this, Suryoday Small Finance Bank has announced an increase in the interest rate on fixed deposits and Ujjivan Small Finance Bank Interest rates on savings accounts have been hiked. ahead, Unity Small Finance Bank Limited (Unity Bank) Shagun 366, has introduced 1 year, 1 day fixed deposit which guarantees an attractive return of 7.80% p.a. to retail customers, while senior citizens can get 8.30 p.a. for 366-day tenor. Only deposits made before November 30, 2022 are eligible for this offer. On the other hand, Yes BankOne of the leading private sector lenders, today announced a hike in interest rates on savings accounts and fixed deposits.
catch all business News, market news, today’s fresh news events and breaking news Updates on Live Mint. download mint news app To get daily market updates.