Unity Small Finance Bank Ltd (Unity Bank) has launched Shagun 501, a special Fixed Deposit tenure to brighten up Dussehra and Diwali.
For a 501-day fixed deposit, retail customers will earn an attractive return of 7.90% per annum, whereas senior citizens can earn 8.40% per annum. However, this festive offer is available only for deposits booked up to 31st October, 2022.
Read More: These post office savings schemes now offer higher interest rates. Details here
Unity Bank has also revised its interest rates on Callable and Non-Callable Bulk Deposits (Deposits higher than Rs 2 crore). Callable bulk deposits offer up to 7% interest p.a. whereas non-callable bulk deposits offer up to 7.25% interest p.a.
Details across all tenures and amounts are given below:
A. FIXED DEPOSIT RATE: Retail Investors up to Rs 2 crores
The deposit interest rate stands revised from 1st October, 2022 as follows:
B. SAVING DEPOSIT RATE : Retail Investors
The Saving deposit interest rate stands revised from January 22, 2022 as follows:
Read More: Earn up to 7.80% interest on fixed deposits offered by this bank
C. CALLABLE BULK DEPOSIT RATES (%.p.a.) : w.e.f 29th September, 2022
D. NON-CALLABLE BULK DEPOSIT RATES (% p.a.): w.e.f 1st October, 2022