It is one of the leading small finance banks to offer such high FD interest rates. The Suryoday Small Finance Bank FD rate hike will come into place at a time when the RBI is expected to hike its repo rates again to control inflation.
Here are the revised interest rates on fixed deposits above Rs 2 crore at the Suryoday Small Finance Bank from June 6, 2022:
7 days to 14 days: For General Public – 3.25 per cent; For Senior Citizens – 3.75 per cent
15 days to 45 days: For General Public – 3.25 per cent; For Senior Citizens – 3.75 per cent
46 days to 90 days: For General Public – 4.25 per cent; For Senior Citizens – 4.75 per cent
91 days to 6 months: For General Public – 4.75 per cent; For Senior Citizens – 5.25 per cent
More than 6 months to 9 Months: For General Public – 5.25 per cent; For Senior Citizens – 5.75 per cent
More than 9 months to Less than 1 Year: For General Public – 5.75 per cent; For Senior Citizens – 6.25 per cent
1 Year to 1 Year 6 Months: For General Public – 6.50 per cent; For Senior Citizens – 7.00 per cent
More than 1 Year 6 Months to Less than 2 Years: For General Public – 6.50 per cent; For Senior Citizens – 7.00 per cent
Above 2 Years to 998 days: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
999 Days: For General Public – 7.49 per cent; For Senior Citizens – 7.99 per cent
1000 Days up to 3 Years: For General Public – 7.00 per cent; For Senior Citizens – 6.80 per cent
Above 3 Years to Less than 5 Years: For General Public – 6.50 per cent; For Senior Citizens – 7.00 per cent
5 years: For General Public – 6.75 per cent; For Senior Citizens – 7.25 per cent
5 Years and Above to 10 Years: For General Public – 6.00 per cent; For Senior Citizens – 6.50 per cent
“For Fixed Deposit amounting to Rs. 2 Crore and above, please contact nearest Suryoday Small Finance Bank Branch or call on 1800-266-7711,” the bank said in a statement. The Suryoday Small Finance Bank FD interest rates are subject to change from time to time.
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