Ujjivan Small Finance Bank Fixed Deposit

Home Fixed Deposit Ujjivan Small Finance Bank Fixed Deposit
Updated: 04-10-2019 09:48:01 AM

Investment Amount

investment amount iconMinimum – ₹ 1,000

Maximum – No Limit

Tenure

tenure iconMinimum – 7 days

Maximum – 10 years

Interest Rate*

interest rate iconMinimum – 5.50%

Maximum – 8.60%

*for Resident Indians

Small Finance Banks were licensed by the RBI in 2014. Ujjivan Small Finance bank was licensed by the RBI on October 7, 2015 and has 441 branches across 24 states in India. You can check the address of your nearest Ujjivan SFB branch and the IFSC code of the branch.

Ujjivan Small Finance Bank offers three Fixed Deposit schemes to fulfil both short term and long term investment requirements of every individual. The three term deposit schemes namely Ujjivan SFB Fixed Deposit Scheme, Ujjivan SFB TASC (Trust, Associations, Society, Clubs &. Government Bodies) Fixed Deposit Scheme and Ujjivan SFB Tax Saver Fixed Deposit Scheme aim to help individuals save a proportionate amount monthly. Here’s a summarised list of Ujjivan SFB FD interest rates:

Ujjivan Small Finance Bank FD Rates 2019
Types of Ujjivan SFB Fixed Deposit Schemes
Ujjivan SFB FD Calculator

Ujjivan Small Finance Bank FD Rates 2019

Rate Of Interest On Fixed Deposits of less than Rs. 2 crore

Tenure

Regular Citizens

Senior Citizens

7 days to 29 days5.50%6.00%
30 days to 89 days6.25%6.75%
90 days to 179 days6.75%7.25%
180 days to 364 days7.50%8.00%
1 year to 2 years8.30%8.80%
2 years 1 day to 734 days7.50%8.00%
735 days8.25%8.75%
736 days to 798 days7.50%8.00%
799 days8.60%9.10%
800 days to 3 years7.50%8.00%
3 years 1 day to 5 years7.00%7.50%
5 years 1 day to 10 years6.50%7.00%

Types of Ujjivan SFB Fixed Deposit Schemes

1. Ujjivan SFB Fixed Deposit Scheme

Eligibility

  • Resident Individual (sole or joint account)
  • Hindu Undivided Family
  • Private and Public limited companies

Features

  • The fixed deposit can be booked with a minimum of Rs. 100. There is no limit as maximum amount of deposit.
  • The deposit tenure ranges from 7 days to 10 years.
  • The interest rates are same as the card rates and shall be paid monthly at discounted value or quarterly/half-yearly/annually or at maturity as per the depositor’s choice.
  • The scheme allows premature closure as well as partial withdrawals.

2. Ujjivan SFB TASC Fixed Deposit Scheme

Eligibility

  • Trusts
  • Associations
  • Societies
  • Clubs
  • Government Bodies

Features

  • The minimum deposit amount stands at Rs. 25,000. No maximum amount of deposit.
  • The deposit can be made for a minimum of 7 days and for a maximum of 10 years.
  • Interest shall be paid as per the prevailing card rates.The depositor may choose any of the interest payout options –  monthly, quarterly, half-yearly, annually or at maturity.
  • Both premature closure and partial withdrawals are permitted.

3. Ujjivan SFB Tax Saver Fixed Deposit Scheme

Eligibility

  • Resident Individual (sole or joint account)
  • Hindu Undivided Family

Features

  • The minimum deposit amount under the scheme is Rs. 1,000 and the maximum is Rs. 1,50,000.
  • The scheme comes with a lock-in period of 5 years.
  • Interest shall be paid as per the card rates either monthly at discounted value or quarterly or at maturity as per the depositor’s choice.
  • The scheme neither allows premature/partial withdrawals nor loan/overdraft facility against the deposit.

Ujjivan SFB FD Calculator

Investors can check the maturity amount of the scheme by using the Ujjivan SFB FD Interest Rate Calculator at Paisabazaar. Also, Ujjivan SFB FD Interests Rates differ for different tenures. So the investors can also decide a preferred tenure of investment by entering different rates and calculating their total earning. In case of reinvestment schemes, investors can check the interest and the maturity amount by using the compound interest calculator.

You can visit the nearest Ujjivan SFB branch and contact the officials for Ujjivan SFB FD interest rates of schemes above Rs. 1 crore.

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