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.
The features of a North East Small Finance FD are as below:
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.
The highest interest rate you can earn is 6.75% p.a. for general citizen and 7.25% p.a. for senior citizen.
You can deposit through internet banking, bank cheques, and credit/debit cards.
The staff members of North East Small Finance Bank will be given a preferential rate.
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