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ESAF Small Finance Bank has been recognised as a scheduled bank by the RBI, which makes its depositors eligible for deposit insurance provided by the Depositor Insurance and Credit Guarantee Corporation (DICGC). The deposit insurance cover from DICGC, an RBI subsidiary, insures cumulative deposits up to Rs 5 lakh made by each depositor, including his fixed deposits, savings, current, and recurring deposits, in each scheduled bank in case of the failure or merger/amalgamation of a scheduled bank.
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ESAF Small Finance Bank FD Interest Rates (p.a.) Highlights |
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| Highest slab rate | 7.60% (for 444 days) |
| For 1 year | 4.75% |
| For 2 years | 7.25% |
| For 3 years | 6.00% |
| For 4 years | 6.00% |
| For 5 years | 5.75% |
The interest rates are updated as of 14 January 2026
Book FDs at Interest rate upto 8.00% p.a
Manage all FDs in one place
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ESAF Small Finance Bank FD Interest Rates
Fixed Deposit Interest Rates on Domestic/NRO/NRE Deposits of less than Rs 3 crore w.e.f. 18 June 2025
| Period | Interest Rates (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 7 days to 14 days | 2.75 | 3.25 |
| 15 days to 59 days | 3.25 | 3.75 |
| 60 days to 90 days | 3.75 | 4.25 |
| 91 days to 182 days | 4.00 | 4.50 |
| 183 days to 1 year | 4.75 | 5.25 |
| 1 year 1 day to 443 days | 7.25 | 7.75 |
| 444 days | 7.60 | 8.10 |
| 445 days to less than 2 years | 7.25 | 7.75 |
| 2 years to less than 3 years | 7.25 | 7.75 |
| 3 years to less than 5 years | 6.00 | 6.50 |
| 5 years to 10 years | 5.75 | 6.25 |
Note: The minimum tenure for NRE deposits is 1 year.
Interest Rates on FCNR (B) deposits w.e.f. 18 November 2025
| Period | USD (% p.a.) |
| 365 days | 5.00 |
| 366 days | 5.90 |
| 396 days to 729 days | 5.00 |
| 730 days to 1094 days | 4.50 |
| 1095 days to 1460 days | 4.00 |
| 1461 days to 1826 days | 4.00 |
Types of ESAF Small Finance Bank FD Schemes
Regular Fixed Deposit (With Reinvestment of Interest Component)
- Minimum deposit amount: Rs 1,000
- Tenure: 7 days to 10 years
- Loan against deposits/overdraft facility is available
- Auto-renewal and nomination facilities are also available
- Depositors can opt for quarterly or monthly payout option
- In the case of the monthly interest pay-out option, the interest will be paid monthly at a discounted rate
- An additional 0.50% interest rate is offered to senior citizen FD depositors
Hrudaya Deposit
- Minimum deposit amount: Rs 1 lakhs
- Tenure: 1 year and above
- In this FD scheme, depositors get an opportunity to engage with the lowest strata of society and can extend their involvement to other social classes
- Depositors get the option of serving the unbanked and under-banked segments of the society
- Depositors have the option to select the group of borrowers, geography and the purpose for which they want their deposit to be used for
- This scheme is available to both resident and non-resident Indian individuals
- Premature withdrawal facility is available
NRI Deposits
- The bank also offers various fixed deposit schemes for Non-Resident Indians (NRIs), such as NRO, NRE and FCNR (B) deposits.
- The minimum tenor for NRE and NRO fixed deposits is 1 year and 7 days, respectively.
- FCNR (B) Deposits with a value above USD 500,000 are eligible for an additional interest of 0.10%.
- The tenure of FCNR (B) deposits ranges from 1 year to 5 years.
Premature Withdrawal of Fixed Deposits
- No interest will be paid if deposits are prematurely withdrawn before the completion of 7 days from the date of deposit
- Interest will be paid after deducting the penal rate from the applicable rate. The applicable rate would be lower of the following two conditions:
- The interest rate for the original/contracted tenor of the deposit
- The interest rate which was applicable at the time for the period of deposit for which the FD remained with the bank
ESAF Bank FD Calculator
Before investing in a fixed deposit with ESAF Small Finance Bank, customers must check the maturity amount using the ESAF FD calculator online at Paisabazaar.com. Furnish simple details including the principal amount (deposit amount), FD tenure, and the applicable bank FD rates.
FAQs
Q. What is the highest ESAF FD rate available?
Currently, the ESAF Small Finance Bank is offering its highest fixed deposit rate of 7.60% for a tenure of 444 days.
Q. How much extra interest can a senior citizen earn?
ESAF Small Finance Bank allows 0.50% extra interest rates to senior citizens (60 years or above).
Q. What if I don’t have a PAN card?
Customers who do not have a PAN card or have lost it can submit Form 60/61, properly filled and duly signed, to apply for ESAF Bank fixed deposit scheme.
Q. Does the ESAF Bank give fixed deposit options to NRIs?
Yes. The bank offers its NRI customers to apply for FD. Call at +91 4877 – 123 622, 123 623 or write to nrihelpdesk@esafbank.com for details.