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This bank is giving more interest on FD to senior citizens, check before investing money

FD Rate for Senior Citizen: The country’s central bank has recently increased the interest rates, after which many banks have increased their loan interest rates. Along with this, the interest rate of bank FD has also increased. Due to increase in bank FD interest rate many times, some banks are offering higher interest. Apart from the major banks of the country, Small Finance Bank is also giving good interest.

AU Small Finance Bank has increased the interest of its fixed deposits and savings accounts. According to the website of AU Small Finance Bank, the revised interest rate on FDs and savings accounts will be effective from December 12, 2022.

AU Small Finance Bank FD Interest Rate

After the new amendment, the bank is giving interest ranging from 3.75 per cent to 7.20 per cent on maturity of 7 days to maturity of 10 years. AU SFB is paying 4.25 per cent interest for maturity of 16 days to 3 months. 5 percent interest for more than three months and 6 months, 6.10 percent interest is being given on FDs of 6 months 1 day to one year. This small finance bank is offering an interest of 7.35 percent on maturities ranging from 12 months one day to 15 months. At the same time, interest of 7.20 percent will be given on the interest of 15 months, 1 day to 120 months.

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Interest on FD to senior citizens

    • Interest on 3 months to 6 months – 5.61 percent
    • Interest for 6 months 1 day to 12 months – 6.77 percent
    • Interest for 12 months 1 day to 15 months – 8.08 percent
    • Interest for 15 months 1 day to 18 months – 7.93 percent
    • Interest for 18 months 1 day to 24 months – 7.93 percent
    • Interest for 24 months 1 day to 36 months – 8.51 percent
    • Interest on 36 months 1 day to 45 months – 8.51 percent
    • Interest on FD less than 60 months by taking 45 months a day – 7.93 percent
    • Interest on FD of 60 months to 120 months – 7.70 percent

 

AU Small Finance Bank Savings Account Interest

AU Small Finance Bank is offering interest of 3.50 per cent and up to 7.25 per cent on savings account under different types of savings account. The bank is giving an interest of 3.50 on less than 1 lakh. AU SFB is giving 5% interest on savings account deposits ranging from Rs 1 lakh to Rs 10 lakh. At the same time, the bank is giving 6 percent interest on deposits of 10 lakh to 25 lakh. 7 percent interest is being given on investment of 25 lakh to 1 crore. Similarly, interest of 7.25 per cent is being given on deposits above Rs 1 crore and up to Rs 10 crore.

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