It's not just Ujjivan IPO that is attractive, it's Fixed Deposit Rates are high too! Check now
Ujjivan Small Finance Bank FD rate starts from 5.5 per cent and goes up to 8.3 per cent.
Ujjivan IPO (Initial Public Offer) opened for subscription today and it will remain open till 4th December, 2019. Stock market experts are of the opinion that the Ujjivan Small Finance Bank IPO will give attractive returns both in short-term and in mid-term. So, it is clear that Ujjivan IPO is good for investors. However, there is another thing the bank is good at - offering huge interest rates. On the official website of the Ujjivan Small Finance Bank, the fixed deposit rates offered are quite attractive. Ujjivan Bank fixed deposit rate begins at 5.5 per cent for FD up to 29 days only. Ujjivan SFB fixed deposit rate starts from 5.5 per cent and goes up to 8.3 per cent - 2.05 per cent higher than what SBI FD offers.
See Ujjivan Bank fixed deposit rate list below:
Source: Ujjivan Small Finance Bank Official Website
Ujjivan Bank fixed deposit rates:
Ujjivan Bank fixed deposit rates for the period of 7-29 days is 5.5 per cent, for 30 Days to 89 Days, FD rate is 6.25 per cent, 180 Days to 364 it is 7.0 per cent, for 1 Year to 2 Years, rate is 8.10 per cent, for 2 Years and 1 Day to 734 Days FD rate is 7.50 per cent, for 735 Days rate is 8.15 per cent while for 736 Days to 798 Days, the bank FD rate is 7.50 per cent.
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Ujjivan Small Finance Bank fixed deposit rate is highest at 8.30 per cent for 799 days. Its FD rate for 800 Days to 3 Years is 7.50 per cent, 3 Years and 1 Day to 5 Years FD rate given by the Ujjivan SMB is 7.0 per cent while for 5 Years and 1 Day to 10 Years Ujjivan Small Finance Bank fixed deposit rate is 6.50 per cent. Like other banks, Ujjivan Small Finance Bank is giving 0.50 per cent additional interest on its fixed deposits in all its FD slab, in case the depositor is a senior citizen.