ESAF Small Finance Bank Launches 999-Day FD With Interest Rate Of Up To 8.5%
Know the new ESAF Small Finance Bank FD rates for deposits below ₹2 Crore.
ESAF Small Finance Bank has introduced a special 999-day fixed deposit (FD) offering an interest rate of 8% for general citizens and 8.50% for senior citizens. This special FD will be available only till November 30, 2022.
In addition to this, the small finance bank has also revised its interest rates on fixed deposits below ₹2 Crore. ESAF Small Finance Bank will now offer FD interest rates ranging from 4% to 7.75% on FDs with maturities ranging from 7 days to 10 years. The revised FD interest rates will be effective from November 1, 2022.
ESAF Small Finance Bank Fixed Deposit Rates
Below are the details of the revised ESAF Small Finance Bank FD interest rates for deposits below ₹2 Crore:
ESAF Small Finance Bank will now offer an interest rate of 4% on FDs that mature in 7 days to 14 days.
On those maturing in 15 days to 59 days, the small finance bank will now offer an interest rate of 4.50%.
Fixed deposits maturing in 60 days to 90 days will now earn interest at a rate of 5%.
ESAF Small Finance Bank FDs that mature in 91 days to 182 days will earn interest at a rate of 5.25%.
The new ESAF Small Finance Bank FD rate for FDs maturing in 183 days to 1 year will be 5.50%.
For those maturing in 1 year 1 day to less than 2 years, the new FD interest rate will be 6.60%.
ESAF Small Finance Bank FDs that mature in 2 years to 998 days will now get an interest rate of 7.25%.
For special fixed deposits maturing in 999 days, ESAF Small Finance Bank will now offer an interest rate of 8%. As per the bank’s official website, this special FD rate will be available till November 30, 2022.
For FDs maturing in 1000 days to less than 3 years, the small finance bank will now offer an interest rate of 7.25%.
For those maturing in 3 years to 5 years, ESAF Small Finance Bank will now pay an interest rate of 5.75%.
On FDs maturing in 5 years to 10 years, ESAF Small Finance Bank offer an interest rate of 5.25%.
Across all fixed deposit tenures, the ESAF Small Finance Bank FD interest rate for senior citizens will be 0.50% higher than that offered to the general public.
