FD Interest Rates: There is such a bank in the country that is giving good returns on FD (Fixed Deposits) to its senior citizens. Elderly investors of Ujjivan Small Finance Bank are getting an interest of up to 7.5 percent at present, which is quite good as compared to other banks.
What is the interest rate of other banks on FD
At present, investors are getting returns ranging from 6.5 to 6.9 percent on fixed deposits of most banks, while the elderly investors of Ujjivan Small Finance Bank
At this time, you can take advantage of interest rate up to 7.5 percent.
This interest is available on 990 days FD
This information is also being given on the official website of Ujjivan Small Finance Bank and it has been told that these increased rates have been implemented. For FDs of 990 days, an increased interest of up to 7.5 percent is being given to senior citizens. Apart from this, this FD is only for those depositing an amount up to Rs 2 crore.
Benefits for senior citizens
If calculated on the basis of this 7.5 percent interest, senior citizens can get an amount of more than 1 lakh 22 thousand on an investment of Rs 1 lakh in 3 years 3 months.
Benefits for normal FD depositors as well
While there is benefit in getting FD of 7.5 per cent for senior citizens, normal depositors are also getting good interest in Ujjivan Bank. It has been informed on the bank’s website that investors are getting a return of 6.75 percent for 990 days on normal FD, which is a profitable deal for them. If you want more information about this, then you can get more information by visiting the bank’s website ujjivansfb.in/.
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