INSUBCONTINENT EXCLUSIVE:
The interest rates on FDs vary according to the tenor of a fixed deposit.Fixed deposit (FDs), also known as term deposits, are secure
investment instruments offered by private and public sector banks, small finance banks (SFBs), non-banking financial companies (NBFCs) and
money can be withdrawn only after the term has ended or by giving a predetermined number of days' notice
compared to the mainstream peers
tenure of one year to less than two years
Ujjivan Small Finance Bank pays 7.5 per cent on a tenor of 180 days to 364 days, Jana Small Finance Bank offers 8.5 per cent for 181-365
days and Equitas Small Finance Bank pays 7.50 per cent for a period of 271 - 364 daysUjjivan Small Finance BankTenureInterest Rate (pa)
1 Crore)7 Days to 29 Days5.50%30 Days to 89 Days6.25%90 Days to 179 Days6.75%180 Days to 364 Days7.50%1 Year to 2 Years8.30%2 Years and 1
Day to 734 Days7.50%735 Days8.25%736 Days to 798 Days7.50%799 Days8.60%800 Days to 3 Years7.50%3 Years and 1 Day to 5 Years7.00%5 Years and
1 Day to 10 Years6.50%Additional Interest Rate for Senior Citizens0.50%Jana Small Finance BankThese are the FD interest rates paid by the
bank on fixed deposits below Rs 1 crore, according to its website - janabank.com:Equitas Small Finance BankMaturity period (term)Interest
days4.00%4.50%15 days to 45 days4.00%4.50%46 days to 90 days5.00%5.50%91 days to 180 days5.50%6.00%181 days to 240 days7.50%8.00%241 days to
less than 1 Year7.75%8.25%1 Year to 2 Years8.50%9.00%Above 2 Years to 3 Years8.75%9.25%950 Days*9.00%9.50%Above 3 Years to less than 5
Years8.00%8.50%5 Years8.25%8.75%Above 5 Years to 10 Years7.25%7.75%Source: suryodaybank.com)Post offices offer FD interest rates between
