INSUBCONTINENT EXCLUSIVE:
Small finance banks offer annual FD returns of 3.5-9.5 per cent on term deposits of up to Rs 1 croreMany banks currently pay interest rates
up to 9.5 per cent on fixed deposits (FDs) - or term deposits of up to Rs 1 crore
While major commercial banks pay interest rates in the range of 3.5-7.9 per cent to customers holding FD accounts with them, small finance
banks offer annual returns between 3.5 per cent and 9.5 per cent
Finance Bank, many lenders today provide slightly better returns to senior citizen customers compared to the general public on fixed
14 days3.50%4.00%15 - 29 days4.25%4.75%30 - 45 days5.75%6.25%46 - 60 days6.25%6.75%61 - 90 days6.25%6.75%91 days - 6 months6.25%6.75%6 mnths
1 day- 6 mnths 3 days6.75%7.25%6 mnths 4 days6.75%7.25%6 mnths 5 days- 9 mnths6.75%7.25%9 mnths 1 day- 9 mnths 3 days7.10%7.60%9 mnths 4
days7.10%7.60%9 months 5 days - 9 months 15 days7.10%7.60%9 months 16 days7.10%7.60%9 months 17 days < 1 Year7.10%7.60%1 Year7.30%7.80%1
year 1 day - 1 year 3 days7.30%7.80%1 year 4 days7.30%7.80%1 year 5 days - 1 Year 15 Days7.30%7.80%1 Year 16 days7.30%7.80%1 year 17 days -
years7.25%7.75%5 Years 1 Day - 8 Years6.50%7.00%8 Years 1 Day - 10 Years6.50%7.00%(Source: hdfcbank.com)State Bank of India (SBI)Maturity
period (term)Interest rate with effect from July 30, 2018General publicSenior citizen7 days to 45 days5.75%6.25%46 days to 179
days6.25%6.75%180 days to 210 days6.35%6.85%211 days to less than 1 year6.4%6.9%1 year to less than 2 year6.7%7.2%2 years to less than 3
years6.75%7.25%3 years to less than 5 years6.8%7.3%5 years and up to 10 years6.85%7.35%(Source: sbi.co.in)ICICI BankMaturity period
(term)Interest rate with effect from August 14, 2018General publicSenior citizen7 days to 14 days4%4.5%15 days to 29 days4.25%4.75%30 days
to 45 days5.5%6%46 days to 60 days5.75%6.25%61 days to 90 days6%6.5%91 days to 120 days6%6.5%121 days to 184 days6%6.5%185 days to 289
days6.5%7%290 days to less than 1 year6.75%7.25%1 year to 389 days6.75%7.25%390 days to 2 years7%7.5%2 years 1 day up to 5 years7.25%7.75%5
years 1 day up to 10 years7%7.5%5 Years Tax saver FD (Max up to Rs
1.50 lac)7.25%7.75%(Source: icicibank.com)Equitas Small Finance BankMaturity period (term)Interest rate with effect from July 5, 20187 - 14
Months 1 Day to 24 Months8.50%9.00%24 Months 1 Day to 36 Months7.75%8.25%36 Months 1 Day to 45 Months7.75%8.25%45 Months 1 Day to 60
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)Jana Small Finance BankMaturity period (term)Interest rate with effect from October 17, 20187 days to 45 days6.00%46 days
to 60 days6.50%61 days to 180 days7.00%181 days to 365 days8.00%More than 1 year up to 2 years8.25%More than 2 years up to 3 years8.50%More
than 3 years up to 5 years8.00%More than 5 years up to 10 years7.00%(Source: janabank.com)Fincare Small Finance BankMaturity period
days7.00%7.50%12 months to 15 months8.00%8.50%15 months 1 day to 18 months8.25%8.75%18 months 1 day to 21 months8.50%9.00%21 months 1 day to
24 months8.75%9.25%24 months 1 day to 36 months9.00%9.50%3 years 1 day to 5 years8.00%8.50%5 years 1 day to 7 years7%7.50%(Source:
days5.75%6.25%15 - 59 days5.75%6.25%60 - 90 days6.50%7.00%91 - 179 days6.75%7.25%180 - 363 days7.50%8.00%364 days5.60%6.10%365 - 727
days8.75%9.25%728 days6.80%7.30%729 - 1091 days8.00%8.50%1092 days5.66%6.16%1093 - 1819 days7.00%7.50%1820 days5.65%6.15%1821 - 3652
days7.00%7.50%(Source: esafbank.com)Utkarsh Small Finance BankMaturity period (term)Interest rate with effect from September 27,
