Suryoday Small Finance Bank FD Rates

Deposit Tenure	Fixed Deposit Interest Rates (Rates for amount < 1 Cr.)*
	Regular Citizens (Per Annum)	Senior Citizens (Per Annum)
7 days to 14 days	4.00%	4.50%
15 days to 45 days	4.00%	4.50%
46 days to 90 days	5.00%	5.50%
91 days to 180 days	5.50%	6.00%
181 days to 240 days	7.50%	8.00%
241 days to less than 1 Year	7.75%	8.25%
1 Year to 2 Years	8.50%	9.00%
Above 2 Years to 3 Years	8.75%	9.25%
950 Days*	9.00%	9.50%
Above 3 Years to less than 5 Years	8.00%	8.50%
5 Years	8.25%	8.75%
Above 5 Years to 10 Years	7.25%	7.75%
For Fixed Deposit of amounts Rs. 1 Crore and above, please contact nearest Suryoday Small Finance Bank Branch or call on 1800 -266-7711

*Effective: From September 29, 2018

Suryoday Small Finance Bank Tax Saver Fixed Deposits

Deposit Tenure	Tax Saver FD Rates
Period	Regular Citizens (Per Annum)	Senior Citizens (Per Annum)
Tax Saving Fixed Deposit (5 years)	8.25%	8.75%

*Effective: From September 29, 2018

1. Regular Fixed Deposit
2. Senior Citizen Fixed Deposit
3. Tax Saver Fixed Deposit

1. Regular Fixed Deposit

Suryoday Small Finance Bank provides Regular Fixed Deposit to its customers with a minimum deposit amount of Rs.1000. It is ideal for investors who want to earn high interest on their deposits. The benefits and features of Suryoday Bank Regular Fixed Deposit are as follows:

Features of Suryoday Small Finance Bank Regular Fixed Deposit

Minimum Amount: Rs. 1000 Minimum Period: 7 days Maximum Period: 10 years Suryoday Bank FD Rates range from 4.00% to 9.00% depending upon the tenure. Premature withdrawal allowed Interest rate on premature withdrawal would be 1% less than the rate applicable from the lower of the two mentioned below: Rate for original /contracted tenure for which the deposit has been booked (as on the date of booking the deposit) Rate for the actual tenure for which the deposit was in force with the Bank (as on the date of booking the deposit)

Suryoday Bank Regular Fixed Deposit Eligibility Criteria

Suryoday Bank Fixed Deposit account can be opened by Resident individuals, Hindu Undivided Family, Sole proprietorship firms, Partnership firms, Limited companies, Trusts.

2. Senior Citizen Fixed Deposit

Suryoday Small Finance Bank Senior Citizen Fixed Deposit provides preferential rates to senior citizens over regular individuals. The features & benefits of this deposit scheme are mentioned below:

Features of Suryoday Small Finance Bank Senior Citizen Fixed Deposit

Minimum Amount: Rs. 1000 Minimum Period: 7 days Maximum Period: 10 years Suryoday Bank FD Rate ranges from 4.50% to 9.50% depending upon the tenure. For detailed Senior Citizen FD interest rates Premature withdrawal allowed Interest rate on premature withdrawal would be 1% less than the rate applicable from the lower of the two mentioned below: Rate for original /contracted tenure for which the deposit has been booked (as on the date of booking the deposit) Rate for the actual tenure for which the deposit was in force with the Bank (as on the date of booking the deposit)

Suryoday Bank Senior Citizen Fixed Deposit Eligibility Criteria

Suryoday Bank Fixed Deposit account can be opened by Resident individuals of age 60 & above.

3. Tax Saver Fixed Deposit

Suryoday Bank Tax Saver FD is an ideal choice for investors who want to avail a deduction up to Rs.1.5 lakh under Section 80C of the Income Tax Act, 1961. It comes with a lock in period of 5 years. The features & benefits of the account are as follows:

Features of Suryoday Small Finance Bank Tax Saver Fixed Deposit

Minimum Amount: Rs. 1000 Minimum Period: 5 years Maximum Period: 10 years Suryoday Bank Tax Saver FD Rate is fixed at 8.25% for regular individuals and 8.75% for senior citizens. For detailed Tax Saving FD interest rates, click here. Premature withdrawal facility not available Loan against Fixed Deposit facility not available

Suryoday Bank Tax Saver Fixed Deposit Eligibility Criteria

Suryoday Bank Tax Saver Fixed Deposit account can be opened by Resident individuals and Hindu Undivided Family. Resident Individuals above the age of 60 years

With the application form, any customer looking to invest in Suryoday Bank fixed deposit will be required to provide following documents.

Documents Required for Suryoday Small Finance Bank Fixed Deposit

Proof of Identity

PAN card Aadhaar card Voter ID Passport Driving license, etc.

Proof of Residence

Utility Bills (Telephone Bills, Electricity Bills) Voters’ ID card Driving license Passport Aadhaar card Any other document approved by the bank

To finalise which bank is best for fixed deposit in India, you should refer Suryoday Bank Fixed Deposit Calculator to check your maturity amount. If you are planning to invest in a fixed deposit with Suryoday Small Finance Bank, then you can check the maturity amount using Suryoday FD calculator online at Paisabazaar. You only need to furnish details like principal amount, Suryoday FD Rates and tenure to choose the deposit scheme that serve your needs completely.

If you want to apply for Suryoday Bank Fixed deposit offline, please visit your nearest Suryoday Bank branch for opening the fixed deposit.