FD Rate Hike: FD interest rates have been changed by North East Small Finance Bank. The new interest rates have come into effect from March 18.
FD Rate Hike: FD interest rates have been increased by North East Small Finance Bank. The maximum interest being given by the bank is 8.50 percent to general investors and 9.25 percent to senior investors. According to the bank’s website, the new interest rates have been implemented from March 18, 2024.
The bank is offering FDs ranging from 7 days to 10 years. In this, general investors are being given interest ranging from 3.25 percent to 8.50 percent. At the same time, senior investors are being offered interest ranging from 4 percent to 9.25 percent. Special FDs of 400 days, 555 days and 1111 days are being offered by the bank.
Interest rate on FD in North East Small Finance Bank
7 days to 14 days – 3.25 percent
15 days to 29 days – 3.75 percent
30 days to 45 days – 4.25 percent
46 days to 90 days – 4.75 percent
91 days to 180 days – 6.25 percent
181 days to 365 days – 7 percent
366 days to 1095 days – 7.75 percent
From 1096 days to 1825 days – 8 percent
From 1826 days to 3650 days – 6.25 percent
Interest rate on FD in North East Small Finance Bank
400 days – 8.4 percent
555 days – 8.5 percent
1111 days – 8.5 percent
(Note: The bank is giving additional interest of 0.75 percent to senior investors i.e. citizens above 60 years of age on FDs of all tenures.)
