AU Small Finance Bank: 8% interest rate on FD, bank has implemented new rate

AU Small Finance Bank (SFB) has increased the interest rates on its fixed deposits. The bank is now offering interest rates between 3.75% and 7.20% for regular customers and between 4.25% and 7.70% for senior citizens depending on the tenure of the deposit, which can range from 7 days to 10 years .

AU Small Finance Bank (SFB) will offer its customers an attractive interest rate of 8% for a specific tenure from May 15, 2023. This special rate is applicable for deposits with a tenure of 24 months and 1 day to 36 months.

getting the interest rate so

AU Small Finance Bank (SFB) offers different interest rates on Fixed Deposits depending on their maturity period. For deposits between 7 days to 1 month and 15 days, the bank offers an interest rate of 3.75%. Deposits maturing between 1 month and 16 days to 3 months will earn an interest rate of 4.25%. Customers can avail an interest rate of 5.00% for a period of 3 months and 1 day to 6 months. Lastly, Fixed Deposits with maturity periods of 6 months and 1 day to 12 months will earn a competitive interest rate of 6.75%.

Deposits maturing between 12 months to 15 months will earn an interest rate of 7.60%. For deposits between 15 months to 18 months, the bank offers an interest rate of 7.75%. Domestic Fixed Deposits with a maturity period of 18 months, 1 day to 24 months will earn an interest rate of 7.50%. Deposits maturing between 24 months, 1 day and 36 months will earn an interest rate of 8.00%. Those with a maturity period between 36 months and one day to 45 months will earn an interest rate of 7.75%. Deposits maturing in 45 months and 1 day to 120 months will fetch a favorable interest rate of 7.20%.