Interest rates

This small financial bank is revising its interest rates, check here

Investment

oi-Shubham Kumar

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Fincare Small Finance Bank (FSFB) recently changed the interest rates on term deposits. These include resident FD rates for the general public and senior citizens, as well as NRI FD rates for NRE and NRO. The new interest rates took effect on February 11, 2022. The bank raised the interest rate on short-term deposits from 181 to 364 days.

Fincare Small Finance Bank offers ordinary citizens interest rates ranging from 3.00% per annum to 6.75% per annum for various terms. For a term of 3 years 1 day to 42 months, the bank offers the maximum interest rate of 6.75%, while seniors enjoy the highest interest rate of 7.25% for the same term. ‘occupation.

Below are the bank’s recently changed fixed deposit interest rates for domestic and NRI customers.

Resident Fixed Deposit (Less than Rs 2 Crore) – with Early Withdrawal Facility

Resident Fixed Deposit (Less than Rs 2 Crore) – with Early Withdrawal Facility

Wednesday, February 11, 2022

Mandate National depositors (PA%) Elderly (AP%)
7 days to 45 days 3.00% 3.50%
46 days to 90 days 3.25% 3.75%
91 days to 180 days 3.50% 4.00%
181 days to 364 days 5.15% 5.65%
12 months to 15 months 6.00% 6.50%
15 months 1 day to 18 months 6.00% 6.50%
18 months 1 day to 21 months 6.00% 6.50%
21 months 1 day to 24 months 6.00% 6.50%
24 months 1 day to 30 months 6.50% 7.00%
30 months 1 day to 36 months 6.25% 6.75%
36 months 1 day to 42 months 6.50% 7.00%
42 months 1 day to 48 months 6.25% 6.75%
48 months 1 day to 59 months 6.25% 6.75%
59 months 1 day to 66 months 6.75% 7.25%
66 months 1 day to 84 months 5.50% 6.00%

Source- Fincare Small Corporate Bank

Resident fixed deposit (Rs 1 Crore to less than Rs 2 Crore) - without early withdrawal facility

Resident fixed deposit (Rs 1 Crore to less than Rs 2 Crore) – without early withdrawal facility

Wednesday, February 11, 2022

Mandate Interest rate (AP%)
181 days to 270 days 5.50%
271 days to 330 days 5.50%
331 days to 364 days 5.80%
12 months to 15 months 6.40%
15 months 1 day to 18 months 6.35%
18 months 1 day to 21 months 6.35%
21 months 1 day to 24 months 6.35%
24 months 1 day to 30 months 6.50%
30 months 1 day to 36 months 6.50%

Source- Fincare Small Finance Bank

Non-resident fixed deposit

Non-resident fixed deposit

Wednesday, February 11, 2022

Mandate NOR (AP%) ENR (AP%)
7 days to 45 days 3.00% N / A
46 days to 90 days 3.25% N / A
91 days to 180 days 3.50% N / A
181 days to 364 days 5.15% N / A
12 months to 15 months 6.00% 6.00%
15 months 1 day to 18 months 6.00% 6.00%
18 months 1 day to 21 months 6.00% 6.00%
21 months 1 day to 24 months 6.00% 6.00%
24 months 1 day to 30 months 6.50% 6.50%
30 months 1 day to 36 months 6.25% 6.25%
36 months 1 day to 42 months 6.50% 6.50%
42 months 1 day to 48 months 6.25% 6.25%
48 months 1 day to 59 months 6.25% 6.25%
59 months 1 day to 60 months 6.75% 6.75%

Source– Fincare Small Finance Bank

Article first published: Wednesday, February 23, 2022, 1:45 p.m. [IST]