This bank has revised FD interest rates; offers 9.5% fixed deposit rate to senior citizens

Unity Small Finance Bank has revised the interest rates on fixed deposits with effect from May 2, 2023. Now, it offers senior citizens a maximum interest rate of 9.50% per year on fixed deposits held for 1001 days, while regular citizens earn 9.00% per year for the same time frame, according to the bank website.

Unity Small Finance Bank FD interest rates
It offers interest rates ranging from 4.5% to 9% for normal citizens. Senior citizens will receive an interest rate of 9.5% on fixed deposits held for durations of 1001 days, compared to 9% for retail investors for the same terms.

Read more at https://economictimes.indiatimes.com/wealth/invest/this-bank-has-revised-fd-interest-rates-offers-9-5-fixed-deposit-rate-to-senior-citizens/articleshow/99961542.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst