Unity Small Finance Bank Limited, a digital-first bank, has introduced enhancements to its savings account interest rates, benefiting High Net Worth Individuals (HNIs) and institutional clients. The bank has introduced an additional interest rate slab, offering an attractive 7.75% per annum on deposits exceeding Rs 5 crores.

As of November 30, 2023, the revised savings account interest rates are as follows:

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Account Balance Interest Rate (p.a.)
Up to Rs. 1 lakh 6.00%
Rs. 1 lakh - Rs. 5 crores 7.00%
Greater than Rs. 5 crores 7.75%
Interest on savings accounts is paid monthly.

For Fixed Deposits, Unity Bank offers 9.50% per annum to senior citizens and 9.00% per annum to general investors for a 1001-day tenure.

Unity Bank, classified as a Scheduled Commercial Bank, is promoted by Centrum Financial Services Ltd, with Resilient Innovations Pvt Ltd as a joint investor.  

Tenure General FD Rates (%) Senior Citizen FD Rates (%)

  • 7 - 14 Days 4.50% 4.50%
  • 15 - 45 Days 4.75% 4.75%
  • 46 - 60 Days 5.25% 5.75%
  • 61 - 90 Days 5.50% 6.00%
  • 165 Days - 6 Months 5.75% 6.25% 
  • > 6 Months - 201 Days 8.75% 9.25% 
  • 202 - 364 Days 6.75% 7.25% 
  • 1 Year 7.35% 7.85% 
  • 1 Year 1 day 7.35% 7.85% 
  • > 1Year 1 day - 500 days 7.35% 7.85% 
  • 501 Days 8.75% 9.25% 
  • 502 Days - 18 Months 7.35% 7.85% 
  • > 18 Months - 700 Days 7.40% 7.90% 
  • 701 Days 8.95% 9.45% 
  • 702 Days - 1000 Days 7.40% 7.90% 
  • 1001 Days 9.00% 9.50% 
  • 1002 Days - 3 Year 7.65% 8.15% 
  • > 3 Year - 5 Year 7.65% 8.15% 
  • > 5 Year - 10 Year 7.00% 7.50%