Many banks have changed the interest rates of their fixed deposits after a change in repo rate by the Reserve Bank of India. Ujjivan Small Finance Bank has changed its Fixed Deposit (FD) Interest Rates. The bank has changed the interest rate of Fix Deposit and Saving Account for less than Rs 3 crore.
How long has it been implemented new interest rate on Fix Deposit?
Let us tell you that the new fee deposit is applicable from 21 February 2025. Fix deposit customers find a safe option as it does not make any difference in market fluctuations. The bank is getting an interest rate of 8.25% interest rate on 18-month tenure. At the same time, senior citizens are getting 8.75% interest rate in this tenure. The first 12 -month tenure is getting 8.25% interest rate.
Senior citizens customers are getting an additional interest of 0.50% on the fix deposit. Bank is getting 3.75% on 7 to 29 days tenure, 4.25% on 30 to 89 days tenure and 4.75% on 90 to 180 days Tenure.
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