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Ujjivan Small Finance Bank raises interest rates on FDs

01 Jan 2022 Evaluate

Ujjivan Small Finance Bank has raised interest rates on fixed deposits (FDs). Customers of Bank can now earn as much as 6.75-7.50 per cent interest on their fixed deposits of up to Rs 2 crore.

The revised interest rates are applicable on fixed deposits of up to Rs 2 crore across various tenures. The revised rates offer the highest interest of 7.5 per cent for senior citizens. The new rates come into effect from December 31, 2021.

Ujjivan Small Finance Bank (USFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country.

Peers
Company Name CMP
HDFC Bank 710.50
ICICI Bank 1381.30
Axis Bank 1240.85
Kotak Mahindra Bank 440.90
Indusind Bank 867.70
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