Changes made in the interest rates of fixed deposits: The interest rates of fixed deposits are changed by the banks from time to time. Customers are being given the benefit of better interest rates. Suryoday Small Finance Bank (SSFB) has also changed its fixed deposit interest rates and implemented the new interest rates. The new interest rates are applicable from 7 August 2023.
Let us tell that the bank is giving the benefit of different interest rates on tenure ranging from 7 days to 10 years. Senior citizens are being given the benefit of maximum interest rates by the bank.
Getting interest rate up to 9 percent
The bank is giving the benefit of 9.10% interest rate to senior citizens on tenure of 2 to 3 years. The bank is offering interest rates ranging from 4.50 percent to 9.10 percent to senior citizens on tenors ranging from 7 days to 10 years. On the other hand, the general public is being given an interest rate of 4 percent to 8.60 percent.
General public is getting the benefit of 8.6% interest rate on tenure ranging from 2 years to 3 years. The benefit of 9% interest rate is available on the tenure of 15 months to 2 years.
