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.