Ujjivan Small Bank FD Rates: Best Finance 2024

Ujjivan Small Bank FD Rates: provides a range of fixed deposit (FD) options featuring attractive interest rates. As of my most recent information, these rates generally fluctuate depending on the duration and category of the FD, including options for regular investors and senior citizens.

For the most precise and current information regarding their FD rates, it is advisable to visit their official website or reach out to their customer service. Since rates may vary due to economic factors and banking policies, confirming the latest rates directly from the source is always prudent.

Ujjivan Small Bank FD Rates

According to the most recent data, Ujjivan Small Finance Bank provides fixed deposit (FD) rates designed to deliver attractive returns. Nonetheless, the specific rates may differ based on the duration of the FD and the depositor’s status as a senior citizen.

Ujjivan Small Bank FD Rates: The fixed deposit (FD) interest rates at Ujjivan Small Finance Bank typically vary between 4% and 8% per annum, influenced by the duration and category of the deposit. Additionally, senior citizens are usually offered a marginally elevated rate compared to standard depositors.

To obtain the most precise and current fixed deposit rates:

• Explore the Official Website: For the most up-to-date rates, please refer to Ujjivan Small Finance Bank’s website.

• Get in Touch with Customer Support: Connect with their customer support team for comprehensive and tailored information.

• You have the option to visit a nearby branch for assistance if that is your preference.

Interest rates may fluctuate due to economic factors and the policies of the bank, making it essential to check the latest rates from an official source for the most accurate information.

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Ujjivan Small Bank FD Rates: provides fixed deposit interest rates ranging from 3.75% to 8.25% per annum for the general public, and from 4.25% to 8.75% per annum for senior citizens, applicable for tenures between 7 days and 10 years. For Tax Saving Fixed Deposits, the interest rate is set at 7.20% per annum for the general public and 7.70% per annum for senior citizens, specifically for a tenure of 5 years. Additionally, the bank offers NRE fixed deposits tailored for non-resident Indians. Recognized as a scheduled bank by the Reserve Bank of India, Ujjivan Small Finance Bank ensures that its depositors are covered by the deposit insurance provided by the Depositor Insurance and Credit Guarantee Corporation (DICGC).

Ujjivan Small Finance Bank Fixed Deposit Interest Rates

Effective from July 1, 2024, the fixed deposit rates for domestic and NRO deposits under Rs 3 crore will be updated.

Ujjivan Small Finance Bank Tax-Saving Deposit (Ujjivan Small Bank FD Rates)

NRE Fixed Deposit Interest Rates for amounts below Rs 3 crores will be effective starting July 1, 2024.

Categories of Ujjivan Small Finance Fixed Deposit Schemes.

Regular Fixed Deposits

• The lowest amount required for a deposit is Rs 1,000.
• Duration: Ranges from 7 days to 10 years.
• Depositors have the choice to receive interest payments quarterly or to continue their investment until maturity.
• For the monthly interest payout option, the interest will be disbursed each month at a reduced rate compared to the standard fixed deposit rate. (Ujjivan Small Bank FD Rates)
• Options for partial withdrawal and early closure are permitted.
• Fixed Deposits can be established during Centre meetings (with a maximum limit of Rs 15,000), at branch locations, or via mobile and internet banking services.
• Senior citizens who invest in fixed deposits will receive an extra interest rate of 0.50% per annum.

Tax Advantage Fixed Deposits.

• Contributions made under this scheme qualify for a tax deduction of up to Rs 1.5 lakh per financial year, as stipulated in Section 80C.
• Individuals who are part of HUF and residents of India qualify.
• The deposit range is set with a minimum of Rs 1,000 and a maximum limit of Rs 1.5 lakhs.
• Duration: 5 years (restricted period).
• Tax Saver Fixed Deposits offer the option for interest payouts on a quarterly or monthly basis, with the latter available at a discounted rate.
• Depositors may choose to receive their interest payment upon maturity. (Ujjivan Small Bank FD Rates)

Digital Fixed Deposit Account

• Customers have the option to establish a separate fixed deposit account without the necessity of also opening a savings account.(Ujjivan Small Bank FD Rates)
• Duration: 6 months to 10 years.
• Fixed deposits can be established without the need for extensive documentation. To open an instant fixed deposit, only an Aadhaar card and a PAN card are necessary.
• Customers have the option to deposit funds into their FD accounts using Net Banking, UPI, or a Debit Card.
• Early withdrawal is permitted after a period of 6 months without incurring any penalties.
• Depositors will receive fixed deposit advice at their registered email address within 24 hours of opening their FD account.
• The option for interest disbursement is available on a quarterly basis and upon maturity. (Ujjivan Small Bank FD Rates)
• An extra interest rate of 0.50% per annum is available for senior citizens who are residents.

Sampoorna Nidhi Term Deposit.

• Under this arrangement, interest is computed on a monthly basis and is deposited into the depositor’s associated bank savings or checking account.
• The minimum deposit required is Rs 25,000, with increments of Rs 1,000 thereafter.
• Duration: Ranges from 1 year to 5 years, in increments of 1 year.
• Early withdrawal is permitted after a period of 6 months without incurring any penalties.
• Senior citizens who invest in fixed deposits will receive an extra 0.50% per annum.
• The option for automatic renewal is offered.(Ujjivan Small Bank FD Rates)
• Depositors will receive Sampoorna Nidhi guidance at their registered email address within 24 hours following the opening of their FD account.

NRE Fixed Deposits

• The minimum deposit required is Rs 5,000, with subsequent deposits in increments of Rs 1,000.
• Duration: 1 to 10 years.
• Depositors have the choice of receiving payouts on a quarterly, monthly, or semi-annual basis.
• Depositors may choose to receive their interest payment upon maturity.
• With the monthly interest pay-out option, interest will be disbursed each month at a reduced rate compared to the standard fixed deposit rate.(Ujjivan Small Bank FD Rates)
• Options for partial withdrawal and early closure are permitted.

NRO Term Deposits

• The minimum deposit required is Rs 5,000, with increments of Rs 1,000 thereafter.
• Duration: Ranges from 7 days to 10 years.
• Depositors have the choice of receiving payouts on a quarterly, monthly, or semi-annual basis.
• Depositors may choose to receive their interest payment upon maturity. (Ujjivan Small Bank FD Rates)
• For the monthly interest pay-out option, the interest will be credited at a rate lower than the standard fixed deposit rate.
• Options for partial withdrawal and early account closure are offered.

Ujjivan Bank – Fixed Deposit Calculator

Ujjivan Small Bank FD Rates: Understanding what to anticipate from an investment is crucial. Whether considering a high-risk option such as equity mutual funds or a more secure choice like fixed deposits, having this knowledge is beneficial. Consequently, utilizing a fixed deposit calculator, such as the free tool offered at Paisabazaar.com, is strongly advised prior to investing in any schemes provided by Ujjivan SFB.

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