Suryoday Small Finance Bank FD Rates 2024: Interest, Tenure, Benefits

Suryoday Small Finance Bank FD Rates 2024: Interest, Tenure, Benefits

Suryoday Small Finance Bank has announced its fixed deposit (FD) interest rates for 2024. The bank offers competitive rates for both normal citizens and senior citizens, with rates ranging from 4% to 9.25%. The minimum deposit required to open an FD account is ₹1,000, while there is no maximum limit.

Suryoday Small Finance Bank started as Suryoday Micro Finance Ltd in 2008, providing micro loans to women in urban and semi-urban areas. In 2017, it became a small finance bank and received the status of a scheduled commercial bank in 2018.

The bank's FDs offer flexible tenure and partial withdrawal facility, without the need to open a savings account. To give investors an idea of potential returns, the bank has provided a table showcasing the returns for different investment amounts over a three or five-year period.

In comparison to other banks, Suryoday Small Finance Bank's FD rates remain competitive. Customers can use the FD calculator to compare and determine their potential returns from various banks.

Overall, Suryoday Small Finance Bank offers attractive fixed deposit options to investors, with its range of interest rates and flexible tenure.

Suryoday Small Finance Bank has announced its fixed deposit (FD) interest rates for 2024. The bank offers competitive rates for both normal citizens and senior citizens, with rates ranging from 4% to 9.25%. The minimum deposit required to open an FD account is ₹1,000, while there is no maximum limit.

Suryoday Small Finance Bank started as Suryoday Micro Finance Ltd in 2008, providing micro loans to women in urban and semi-urban areas. In 2017, it became a small finance bank and received the status of a scheduled commercial bank in 2018.

The bank's FDs offer flexible tenure and partial withdrawal facility, without the need to open a savings account. To give investors an idea of potential returns, the bank has provided a table showcasing the returns for different investment amounts over a three or five-year period.

In comparison to other banks, Suryoday Small Finance Bank's FD rates remain competitive. Customers can use the FD calculator to compare and determine their potential returns from various banks.

Overall, Suryoday Small Finance Bank offers attractive fixed deposit options to investors, with its range of interest rates and flexible tenure.

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