• North East Small Finance Bank FD

    North East Small Finance Bank has one comprehensive fixed deposit scheme which is designed to help investors grow their money without worrying about market-related risks with competitive FD interest rates.

    Features of North East Small Finance Bank FD

    The features of a North East Small Finance FD are as below:

    • You can earn a higher rate of interest on your surplus funds.
    • The tax will be deducted at source, from the interest on your fixed deposits
    • The interest on your FD will be credited to your savings account
    • The minimum initial FD Principal amount is Rs.1,000
    • A Reinvestment Option is available
    • You can also ask for part withdrawal facility

    Benefits of North East Small Finance Bank FD

    • You will get a higher rate of interest on the surplus funds
    • The FD will offer flexibility
    • You will have security when you have a fixed deposit
    • You will get a higher return on your deposit

    North East Small Finance Bank FD Interest Rates

    The interest rates for domestic term deposits up to Rs.2 crore:

    Tenure For General Public (% p.a.) For Senior Citizens (% p.a.)
    7 days to 14 days 3.00% 3.50%
    15 days to 29 days 3.00% 3.50%
    30 days to 45 days 3.00% 3.50%
    46 days to 90 days 3.50% 4.00%
    91 days to 180 days 4.00% 4.50%
    181 days to 365 days 5.00% 5.50%
    366 days to 729 days 6.75% 7.25%
    730 days to less than 1,095 days 6.75% 7.25%
    1,096 days to less than 1,825 days 6.50% 7.00%
    1,826 days to less than 3,650 days 6.25% 6.75%

    *The interest rates mentioned in the table are effective from 1 April 2021.

    FAQs on North East Small Finance Bank FD

    1. What is the highest North East Bank FD rate?

      The highest interest rate you can earn is 6.75% p.a. for general citizen and 7.25% p.a. for senior citizen.

    2. What are the different modes of depositing money?

      You can deposit through internet banking, bank cheques, and credit/debit cards.

    3. Will the staff members get an additional interest on the fixed deposits?

      The staff members of North East Small Finance Bank will be given a preferential rate.

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