Investing in a bank is considered a safe investment for any customer because it does not affect the market fluctuations and there is no loss of customers' money. The interest rates of fixed deposits are changed from time to time by banks. Recently the new interest rate has been implemented by Shivalik Small Finance Bank (SFB). The new interest rate is applicable from 22 January 2025.
New interest rate implemented on fix deposits
It has been informed on the official website of the bank that general customers are getting the benefit of 3.50% to 8.80% interest rate and senior citizens are getting the benefit of 4% to 9.30% interest rate. General customers will get 8.80% and senior citizens will get 9.30% interest rate, for which customers will have to deposit the amount for less than 12 months to 1 day to 18 months.
The bank is getting an interest rate of 3.75% interest rate on 15 to 29 days tenure, 4.25% on 30 to 90 days tenure and 4.75% on 91 to 180 days tenure. 7.50% interest rate from 24 months 1 day to 36 days, 6.50% interest rate for 36 months to 60 months tenure, 6.25% interest rate for tenure of 60 months to 120 months to 120 months tenure Are getting.
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