Utkarsh Small Finance Bank FD Interest Rates < Rs.3 crore
- Utkarsh Small Finance Bank FD Interest Rates w.e.f 05/05/2025 : –
- Utkarsh Small Finance Savings Bank account interest rate : –
- Utkarsh Small Finance Bank Digital Fixed deposit: –
- Advantages and Benefits of digital fixed deposits: –
- Criteria to open digital FDs: –
- Book a Digital Fixed Deposit from Utkarsh Small Finance Bank:-
Utkarsh Small Finance Bank FD Interest Rates w.e.f 05/05/2025 : –
| Tenure | Annual Interest Rates(%)(General) | Annual Interest Rates ( % ) (Senior Citizens) |
|---|---|---|
| 7 days to 45 days | 4.00 % | 4.50 % |
| 46 days to 90 days | 4.50 % | 5.00 % |
| 91 days to 180 days | 5.25 % | 5.75 % |
| 181 days to 370 days | 6.25 % | 6.75 % |
| 371 days to less than 2 years | 7.50 % | 8.00 % |
| 2 years up to 3 years | 8.25 % | 8.75 % |
| Above 3 years to less than 4 years | 8.00 % | 8.50 % |
| 4 years up to 5 years | 7.75 % | 8.25 % |
| Above 5 years to 10 years | 7.25 % | 7.75 % |
Utkarsh Small Finance Savings Bank account interest rate : –
Utkarsh Small Finance Bank’s Savings Account Interest rates table (Effective from 01st May 2025 ):-
| Balance in ₹ | Rate of Interest w.e.f. September 10, 2024 |
|---|---|
| Balance Up to ₹1 Lakh | 3.50% p.a. |
| Incremental balance above ₹1 Lakh upto ₹5 Lakhs | 5.25% p.a. |
| Incremental balance above ₹5 Lakhs up to ₹ 10 Lakh | 6.50% p.a. |
| Incremental balance above ₹10 Lakhs up to ₹ 50 Lakh | 7.25% p.a |
| Incremental balance above ₹50 Lakhs up to ₹ 100 crore | 7.50% p.a |
| Incremental balance above ₹100 Crore | 7.75% p.a. |
You can open a Savings Bank account with Utkarsh Small Finance Bank online by clicking here.
Utkarsh Small Finance Bank Digital Fixed deposit: –
What is it?
A digital fixed deposit is a deposit which you can do online, from the comfort of your home, without having to visit a bank branch. It is a new product, in which you can invest with the freedom to choose the best interest rates and the Banks that provide them. The process is completely paperless, which you can complete in within minutes. There is no need to open a savings bank account with the banks. With some basic documents and video KYC you can complete all the steps towards your investment.
Advantages and Benefits of digital fixed deposits: –
- You can open it in minutes with basic documentation (Aadhaar and PAN) submitted online.
- No need to have a savings bank account with Utkarsh Small Finance Bank. You only need a valid email address.
- You can open FD with a minimum amount of Rs.1,000/-. Maximum amount is unlimited.
- Move funds seamlessly from your existing savings account to book the FD via UPI.
- Complete end to end digital process with video KYC.
- Minimum tenure of 7 days. Maximum 10 years.
- You can control your FD using the Utkarsh Small Finance mobile banking app. You will get the receipt of your booked FD in your email.
- You can add a nominee to your FD during the booking process or by using the banks mobile app later.
- Senior citizens (above 60 years) will enjoy additional interest on their investments.
- Premature withdrawal can be made. Amount will be credited back to the funding source on premature withdrawal or on maturity.
- Multiple interest payout options available. You can choose monthly, quarterly or at maturity.
- You can foreclose your FD anytime using the app or visiting the nearest branch.
Criteria to open digital FDs: –
- You can be a resident or non-resident Indian with at least 18 years of age.
- You should be a valid PAN and AADHAAR card holder.
- Your mobile number is linked to your Aadhaar card.
- Your PAN number should also be linked to your Aadhaar card.
- A valid email address.
- Your Digital FD can be booked in a single name and not jointly along with another individual.
Book a Digital Fixed Deposit from Utkarsh Small Finance Bank:-
To book a digital FD online, visit the Utkarsh Small Finance Bank official website Here.
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