AU Small Finance Bank revises FD interest rates; earn up to 8% on this tenor

May 20 2023 01:27 PM IST
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AU Small Finance Bank has revised interest rates on fixed deposits for amounts less than Rs 2 Crore. The new FD rates are effective from May 15, 2023. The bank offers interest rates between 3.75% to 8% for general citizens. The highest interest rate of 8% is offered for tenure of 24 months 1 day to 36 months.

RelatedUp to 9.5% FD interest rate: Here is the list of banks offering high fixed deposit ratesThe AU Small Finance Bank has revised interest rates on fixed deposits for amounts less than Rs 2 Crore, according to the official website of the bank. The new FD rates are effective from May 15, 2023.The bank offers interest rates between 3.75% to 8% for general citizens for amounts below Rs 2 crore. The highest interest rate of 8% is offered for tenure of 24 months 1 day to 36 months. The bank now offers interest rates of 3.75% and 4.25% on fixed deposits with maturities ranging from 7 days to 1 month and 15 days and 1 month and 16 days to 3 months, respectively. For deposits with a tenor of 3 months 1 day to 6 months, AU Small Finance Bank is now offering interest rates of 5.00%, and for deposits having a tenor of 6 months one day to 12 months, 6.75%. Deposits maturing in 12 to 15 months will now earn interest at a rate of 7.60%, and those maturing in the next 15 to 18 months will now earn interest at a rate of 7.75%. On domestic term deposits that mature in 18 months, 1 day to 24 months, the bank is now offering an interest rate of 7.50%, and on domestic term deposits that mature in 24 months, 1 day to 36 months, the bank is now offering an interest rate of 8.00%. For deposits maturing in 36 months 1 day to 45 months, the interest rate will now be 7.75%, and for deposits maturing in 45 months 1 day to 120 months, it will be 7.20%.For senior citizens the interest rates vary between 4.25% to 8.25% for tenures ranging from 7 days to 10 years.Source: Bank websiteBanks to check all 2K notes: If fake this will happenWhat should you do with your Rs 2,000 notes? RBI answersWhat is LRS, which transactions come under it? Govt’s FAQsHighest FD rates: SBI vs HDFC Bank vs ICICI vs PNBUnclaimed deposits: How nominee, heir can make a claim20% TCS on international credit card spends: What has changedDisadvantages of SCSS you should know before investingHow to keep lifestyle creep at bayPNB hikes FD interest rate on this tenureKotak savings acc users won’t get SMS for these txns

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