Earn 8.60% FD Rates: This Small Finance Bank Has Revised Fixed Deposits Rates; Senior Citizens Win Big

Au Small Finance Bank, an SFB, has revised its fixed deposit rates across investors with effect from January 20, 2025. These rates are applicable on deposits below Rs 3 crore, with senior citizens becoming the biggest gainers. The bank is offering as high as 8.60% rate of return on FDs.

Check Out Latest Rates:

FD Rates Below Rs 3 Crore For General Categories:

With effect from January 20th, the bank is offering an 8.10% rate on FDs below Rs 3 crore to general individuals for 18 months tenure. It also offers a 7.85% rate on 12 Months 1 Day to 15 Months tenure. While the rate of return is fixed at 7.50% on tenures like 15 Months 1 Day to less than 18 Months; 24 Months 1 Day to 36 Months; and 36 Months 1 Day to 45 Months. A rate of 7.75% is offered on 24 Months 1 Day to 36 Months tenure.

Further, the bank is offering a 7.25% rate of returns on tenures from 45 months 1 day to 120 months. Also, 7.25% is offered on 6 Months 1 Day to 12 Months. AU Small offered 3.75% to 6% to the general public on tenures starting from 7 days to 6 months.

Senior Citizens FD Rates Below Rs 3 Crore:

The majority of FD rates for senior citizens is above 8%, making it competitive and attractive against other small finance banks. Senior citizens now get to earn as high as 8.60% rate on FDs below Rs 3 crore on a tenure of 18 months. The rate is at 8.35% on 12 Months 1 Day to 15 Months, and 8.25% on 18 Months 1 Day to 24 Months.

Meanwhile, the bank is offering an 8% rate on FDs from 15 Months 1 Day to less than 18 Months; 24 Months 1 Day to 36 Months; and 36 Months 1 Day to 45 Months tenures.

There is a 7.75% rate each offered on tenures like 6 Months 1 Day to 12 Months; 45 Months 1 Day to less than 60 Months; and 60 Months to 120 Months tenures.

While the rates are from 4.25% to 6.50% on tenures starting from 7 days to 6 months for senior citizens.

Only resident Indian Senior Citizen customers, having a banking relationship with AU Small Finance Bank are eligible for the above mentioned rates.