18.9 C
London
Thursday, July 7, 2022

Small Finance Bank FD Rate Hike: Customers of this small finance bank will get more interest on FD, see latest rates

- Advertisement -spot_imgspot_img
- Advertisement -spot_imgspot_img


Small Finance Bank: There is good news for the customers of Equitas Small Finance Bank. Now your FD is in Equitas Small Finance Bank, then you are going to get the benefit of higher returns. Equitas Small Finance Bank has decided to increase the interest rate on FD. This new interest rate of the bank has come into effect from June 10, 2022.

The Reserve Bank of India has decided to increase the repo rate twice within a few days. In such a situation, all the private and public sector banks of the country have decided to increase the interest rates of their loans. Along with this, banks have also increased the interest rates of FD. Explain that this interest rate has been increased for FDs of less than Rs 2 crore. So let us tell you about the interest rate available on Equitas Small Finance Bank-

This is the interest rate available on Equitas Small Finance Bank’s FD of Rs 2 crore-

  • FD of 7 to 14 days – 3.50%
  • FD of 15 to 29 days – 3.50%
  • FD of 30 to 45 days – 3.50%
  • FD of 46 to 62 days – 4.00%
  • FDs from 63 to 90 days – 4.75%
  • FD of 91 to 120 days – 4.75%
  • FDs from 121 days to 180 days – 4.75%
  • 181 days to 210 days – 5.25%
  • FD from 211 days to 270 days – 5.25%
  • On FDs from 271 days to 364 days – 5.25%
  • 1 year to 18 months – 6.50%
  • 18 to 2 years – 6.50%
  • 2 years to 887 days – 6.75%
  • 888 days – 6.85%
  • 889 days to 3 years – 6.75%
  • 3 years to 4 years – 6.75%
  • 3 years to 4 years – 6.00%
  • 4 years to 5 years – 6.00%
  • 5 years to 10 years – 6.00%

These banks also increased the interest rates of FD-
Let us tell you that many banks like DBS Bank, RBL Bank, Kotak Mahindra Bank etc. have increased their interest rates. The interest rate of DBS Bank has come into effect from June 10. At the same time, the interest rates of Kotak Mahindra Bank will be applicable till June 10 and RBL Bank on June 8, 2022.

read this also-

If there is a plan to get Bank FD, now you will get more benefit, know which bank has increased the interest rates?

Cardless Cash Withdrawal: Big news for Bank of Baroda customers! You will be able to withdraw money even without an ATM card

,

- Advertisement -spot_imgspot_img
Latest news
- Advertisement -spot_img
Related news
- Advertisement -spot_img