Unity Bank FD Scheme: The interest rates of savings including FD are changed by the banks. Unity Small Finance Bank Limited (Unity Bank) has also increased the interest rates on Fixed Deposit. Especially senior citizens get the benefit of the highest interest rates. By taking advantage of the special FD issued by the banks, the profit of higher interest rates can be earned.
Get the most benefit on this scheme
Let us tell that Unity Small Finance Bank Limited (Unity Bank) has also come up with a similar special FD scheme, in which more benefits can be availed by investing for a very short time.
Under the bank’s special FD, if a senior citizen invests on FDs of 181 days and 501 days, then he will get the benefit of 9 percent interest rate. At the same time, retail investors will get the benefit of 8.50 percent interest rate.
Interest rate is getting this much for the rest of the time period
The bank offers 4.50 per cent interest rate on FDs maturing in 7 to 14 days, 4.75 per cent interest rate on FDs maturing in 15 to 45 days, 5.25 per cent interest rate for FDs maturing in 46 to 60 days, 5.50 per cent interest rates for 61 to 90 days FDs. Interest rate and FD of 91 to 180 days will get the benefit of 5.75 interest rate.
On the other hand, 8.50 percent interest rate will be given on 181-day special FD and 6.75 percent interest rate on FDs maturing in 182 days to 364 days.