Fixed Deposit Interest Rates Offered By Small Finance Banks Compared Here

Last week, Capital Small Finance Bank revised it fixed deposition seductiveness rates on name maturities. Fixed deposition (FDs) are secure financial instruments offering by private and open zone banks, tiny financial banks (SFBs), non-banking financial companies (NBFCs) and post offices. Small financial banks concentration on financial inclusion by sustenance of assets vehicles and supply of credit to tiny business units, tiny farmers, micro and tiny industries, and other confused zone entities. While a products are identical to those supposing by mainstream blurb banks, a seductiveness rates paid by a tiny financial banks are aloft compared to their incomparable peers. 

Here’s a comparison of bound deposition (FD) seductiveness rates paid by Capital Small Finance Bank, ESAF Small Finance Bank, Suryoday Small Finance Bank and Ujjivan Small Finance Bank: 

Capital Small Finance Bank

The following FD seductiveness rates according to a bank’s website – capitalbank.co.in:

 

ESAF Small Finance Bank

The following FD seductiveness rates are germane on deposits next Rs. 1 crore, according to a bank’s website – esafbank.com:

 

Suryoday Small Finance Bank

The following FD seductiveness rates are germane on deposits next Rs. 2 crore with outcome from Feb 25, 2019, according to a bank’s website – suryodaybank.com:

 

Ujjivan Small Finance Bank

The following FD seductiveness rates are germane on deposits with outcome from Feb 27, 2019, according to a bank’s website – ujjivansfb.in:

The bank offers an additional 0.50 per cent seductiveness rate for comparison citizens, according to a bank’s website, www.ujjivansfb.in.

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