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North East Small Finance Bank FD Rates

Home Fixed Deposit North East Small Finance Bank FD Rates

North East Small Finance Bank offers FD interest rates of 3.50-9.00% p.a. to the general public and 4.00-9.00% p.a. to senior citizens on tenures ranging from 7 days to 120 months. North East Small Finance Bank has been recognised as a scheduled bank by the RBI, which makes its depositors eligible for deposit insurance provided by the Depositor Insurance and Credit Guarantee Corporation (DICGC). The deposit insurance cover from DICGC, an RBI subsidiary, insures cumulative deposits up to Rs 5 lakh made by each depositor, including his fixed deposits, savings, current, and recurring deposits, in each scheduled bank in case of the failure or merger/amalgamation of a scheduled bank.

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Updated: 21-01-2025 10:47:04 AM

North East Small Finance Bank FD Interest Rates (p.a.) Highlights
Highest slab rate 9.00% (18 months 1 day to 36 months)
For 1 year 7.00%
For 2 years 9.00%
For 3 years 9.00%
For 4 years 8.00%
For 5 years 8.00%

The interest rates are updated as of 21 January 2025

IDFC First Earn Credit Card

North East Small Finance Bank FD Interest Rates

FD Rates on Domestic deposits of up to Rs 5 crore w.e.f. 18 January 2025

Tenure Interest Rates (% p.a.)
Regular Citizens Senior Citizens
7-29 days 3.50 4.00
30-45 days 4.25 4.75
46 days-3 months 4.75 5.25
3 months 1 day-6 months 6.25 6.75
6 months 1 day-12 months 7.00 7.50
12 months 1 day-18 months 8.75 8.75
18 months 1 day-36 months 9.00 9.00
36 months 1 day-60 months 8.00 8.50
60 months 1 day-120 months 6.25 6.75

North Small Finance Bank FD Scheme

Regular Fixed Deposits (With Reinvestment of Interest Component)

  • Minimum deposit amount: 1,000
  • Tenure: 7 days to 10 years
  • The interest on the deposits is credited to the depositor’s savings account monthly or quarterly
  • Partial withdrawal and auto-renewal facilities are available
  • Loan and overdraft facilities are also available

Premature Withdrawal of Fixed Deposits

The bank allows premature withdrawal of fixed deposits, subject to a penal rate of 1% on interest

Fixed Deposit (FD) Calculator

Customers are advised to estimate their returns well in advance when before investing in a fixed deposit. To do so, fixed deposit calculators are available online. Paisabazaar’s FD calculator helps customers easily plan their investments, taking not more than a few minutes.

Simply enter the deposit amount, FD tenure, and the applicable rate of interest and hit that Calculate button. In seconds, the online calculator shall give the customers an approximate total interest that they will earn based on the rate of interest. One can use it for different periods, like 1 year, 1.5 years or 5 years, etc., and check how fairly their investment rewards them.

Calculate Now

FAQs

Q. What is the highest North East Bank FD rate?

The highest FD interest rate of North East Small Finance Bank is 9.00% for 18 months 1 day to 36 months.

Q. What are the modes of depositing money in FD?

The bank allows deposits via bank cheques, internet banking, credit/debit cards, etc.

Q. Do staff members get additional interest on fixed deposits?

Staff members of North East Small Finance Bank are given a preferential rate of interest. Also, the spouse of the staff member enjoys additional interest rates.

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