Fincare Small Finance Bank Fixed Deposit

Small Finance Banks are financial institutions that are licensed by RBI where 75% of Adjusted Net Bank Credit (ANBC) goes to priority sectors e.g. micro industries, education, farmers etc. Its main aim  is to promote banking in unbanked and rural areas. It can deal in other products like savings account, mutual funds, insurance, or transform into a full-fledged bank if approved by RBI.

FD Tenure	Fincare Small Finance Bank Fixed Deposit Interest Rate (Less than Rs.1 Crore)
	Regular Individuals	Senior Citizens
7 days to 45 days	4.00%	4.50%
46 days to 90 days	4.00%	4.50%
91 days to 180 days	6.00%	6.50%
181 days to 364 days	7.00%	7.50%
12 months to 15 months	8.00%	8.50%
15 months 1 day to 18 months	8.25%	8.75%
18 months 1 day to 21 months	8.50%	9.00%
21 months 1 day to 24 months	8.75%	9.25%
24 months 1 day to 36 months	9.00%	9.50%
3 years 1 day to 5 years	8.00%	8.50%
5 years 1 day to 7 years	7.00%	7.50%

1. Smart Fixed Deposit
2. Priority Plus Fixed Deposit
3. Fincare Bank Senior Citizen FD

1. SMART FIXED DEPOSIT

The smart fixed deposit account has attractive interest rates for deposits below Rs. 1 Crore. You can download the required forms from the website and initiate the process of opening a smart fixed deposit account at Fincare Small Finance Bank.

Features – Fincare Smart Fixed Deposit Account

Earn up to 9% interest rates on deposit below Rs, 1 Crore. Flexible interest payout schemes- monthly, quarterly, or cumulative An extra 0.5% interest for senior citizens Doorstep facilities available

Eligibility Criteria Resident Individuals above 18 years of age Minors provided the account through  his/her legal guardian Joint account option available as per KYC norms

2. PRIORITY PLUS FIXED DEPOSIT

This account serves for deposits above Rs. 1 Crore. It is well suited for corporate deposits. Here are some of its features.

Features- Fincare Smart Fixed Deposit Account

Superior returns on bulk deposits above Rs. 1 Crore Flexible interest payout schemes- monthly, quarterly, or cumulative Proactive assistance for customers Hassle-free renewal and closure facilities

Eligibility Criteria Resident Individuals above 18 years of age Minors are eligible provided the account through his/her legal guardian Joint account option available as per KYC norms

3. FINCARE BANK SENIOR CITIZEN FD

Senior Citizens get a 0.50% preferential interest rate than regular citizens. Also, the process is hassle-free and very convenient.

Features- Fincare Senior Citizen Fixed Deposit Account

Deposit is insured for a cover of up to Rs. 1,00,000 Doorstep facility available Interest rate up to 9.50%

Eligibility Criteria An Indian resident of age 60 years or above Joint account provided at least one of the account holders is a senior citizen

Documents Required for Fincare Small Finance  Bank Fixed Deposit

Passport size photograph

Supporting KYC

PAN card (mandatory) Aadhaar card Voter ID Passport Driving license

Proof of Residence

Aadhaar card Voter ID Passport Driving license

Investors can use Fincare Small Finance Bank Fixed Deposit Calculator at Paisabazaar to know how much maturity amount will be returned. You need to fill in details of tenure, interest rate, and principal and you get the real-time returns about your interest and maturity amount .

Download and fill the form and customer information form from the website and fill them. Submit the forms along with the required documents given below at your nearest Fincare Small Finance Bank branch. Forms are available both for individual and joint-accounts.