हिंदी में पढ़े
|
Ujjivan Small Finance Bank FD Interest Rates (p.a.) Highlights |
|
| Highest slab rate | 8.25% (for 1 year) |
| For 1 year | 8.25% |
| For 2 years | 7.75% |
| For 3 years | 7.20% |
| For 4 years | 7.20% |
| For 5 years | 7.20% |
| Tax-Saving FD | 7.20% |
The interest rates are updated as of 21 January 2025
Ujjivan Small Finance Bank FD Interest Rates
Fixed Deposit Rates for Domestic/NRO Deposits of less than Rs 3 crore w.e.f. 13 September 2024
|
Tenure |
Interest Rate (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 7 days to 29 days | 3.75 | 4.25 |
| 30 days to 89 days | 4.25 | 4.75 |
| 90 days to 179 days | 4.75 | 5.25 |
| 6 months to less than 9 months | 7.00 | 7.50 |
| 9 months | 7.50 | 8.00 |
| 9 months 1 day to less than 12 months | 7.00 | 7.50 |
| 12 months | 8.25 | 8.75 |
| 12 months 1 day to 560 days (80 weeks) | 8.00 | 8.50 |
| 561 days to 990 days | 7.75 | 8.25 |
| 991 days to 60 months | 7.20 | 7.70 |
| 60 months 1 day to 120 months | 6.50 | 7.00 |
Note: Additional senior citizen rates is not applicable to NRO deposits
Ujjivan Small Finance Bank Tax Saver Deposit
| Tenure | Interest Rate (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 5 years | 7.20 | 7.70 |
NRE Fixed Deposit Interest Rates of less than Rs 3 crores w.e.f. 1 July 2024
| Tenure | Interest Rate (% p.a.) |
| 12 months | 8.25 |
| 12 months 1 day to 560 days | 8.00 |
| 561 days to 990 days | 7.75 |
| 991 days to 60 months | 7.20 |
| 60 months 1 day to 120 months | 6.50 |
Note: No additional interest rate is offered for senior citizens NRI depositors
Types of Ujjivan Small Finance FD Schemes
Regular Fixed Deposits
- Minimum deposit amount: Rs 1,000
- Tenure: 7 days to 10 years
- Depositors can opt for a quarterly interest payout option or keep investing till maturity
- In the case of the monthly interest pay-out option, the interest will be paid monthly at a discounted rate over the standard fixed deposit rate
- Partial withdrawal and premature closure facilities are allowed
- FD can be opened at Centre meetings (Maximum amount: Rs 15,000), at branch premises or through mobile and internet banking
- An additional 0.50% p.a. is offered to senior citizens FD depositors
Tax Saver Fixed Deposits
- Deposits under this scheme are eligible for a tax deduction of up to Rs 1.5 lakh under Section 80C in each financial year
- Members of HUF and Indian residents are eligible
- Deposit amount: Minimum- Rs 1,000; Maximum: Rs 1.5 lakhs
- Tenure: 5 years (lock-in period)
- Quarterly or monthly (at a discounted rate) interest payout options are available under Tax Saver FDs
- Depositors also have the option of receiving interest payout at maturity
Digital Fixed Deposit
- Depositors can open a standalone fixed deposit without opening a savings account
- Minimum deposit amount: Rs 1,000
- Tenure: 6 months to 10 years
- FD can be opened without any paperwork. Only an Aadhaar card and PAN card are required for instant FD opening
- Depositors can fund the FD accounts through Net Banking/UPI/Debit Card
- Premature withdrawal is allowed after 6 months without penalty
- Depositor can get FD advice on their registered email ID within 24 hours of FD account opening
- Interest Pay-out option available – Quarterly and at maturity
- Additional 0.50% p.a. interest rate is offered to resident senior citizens
Sampoorna Nidhi Fixed Deposit
- In this scheme, interest is calculated monthly and credited to the depositor’s linked Ujjivan Bank’s savings or current account
- Minimum deposit amount: Rs 25,000 and in multiples of Rs 1,000
- Tenure: 1 year to 5 years in multiples of 1 year
- Premature withdrawal is allowed after 6 months without penalty
- An additional 0.50% p.a. is offered to senior citizens FD depositors
- Auto-renewal facility is available
- Depositors can get Sampoorna Nidhi advice on their registered email id within 24 hours of the FD account opening
Types of Ujjivan NRI FD Schemes
NRE Fixed Deposits
- Minimum deposit amount: Rs 5,000 and in thereafter multiples of Rs 1,000
- Tenure:1 year to 10 years
- Depositors can opt for quarterly, monthly, or half-yearly payout options
- Depositors also have the option of receiving interest payout at maturity
- In the case of the monthly interest pay-out option, the interest will be paid monthly at a discounted rate over the standard fixed deposit rate
- Partial withdrawal and premature closure facilities are allowed
NRO Fixed Deposits
- Minimum deposit amount: Rs 5,000 and in multiples of Rs 1,000
- Tenure: 7 days to 10 years
- Depositors can opt for quarterly, monthly or half-yearly payout options
- Depositors also have the option of receiving interest payout at maturity
- In the case of the monthly interest pay-out option, the interest will be credited at a discounted rate over the standard FD rate
- Partial withdrawal and premature closure facilities are available
Ujjivan Bank – FD Calculator
It is always good to know beforehand what to expect from an investment. Be it a risk-taking one like equity mutual funds or a safe investment option like fixed deposits. Therefore, the use of a fixed deposit calculator, like the one available freely at Paisabazaar.com, is highly recommended before putting one’s money in any of the schemes by Ujjivan SFB.
FAQs
Q. What is the highest Ujjivan Bank FD rate?
The highest FD rate of Ujjivan Small Finance Bank is 8.25% p.a. for a 1-year tenure.
Q. What if the bank defaults? Is it safe to invest in Ujjivan Bank fixed deposits?
Ujjivan Small Finance Bank is listed in the Scheduled Banks by RBI and has a stable credit rating by various credit rating agencies. Also, the deposits made with the bank are covered with Rs. 5 lakh insurance by Deposit Insurance Credit Guarantee Corporation. So if the bank defaults, customers will be given a compensation of Rs. 5 lahks.
Q. Can I online apply for Ujjivan Bank fixed deposits?
Yes. Regular fixed deposits and Tax Saver fixed deposits can be opened online.