BENGALURU, August 21, 2018 : To celebrate today’s World Senior Citizens Day, Jana Small Finance Bank has extended its inaugural offer of Fixed Deposit (FD) interest rate of 9.1% till September 7, 2018. Currently, it is one amongst the highest interest rates offered by a bank.
True to its slogan – ‘Paise ki Kadar’ i.e. value for money, Jana Small Finance Bank is truly focused on providing better returns on its customer’s hard-earned money. Senior citizens put substantial years of their lives in securing their future and of the next generation. At this life-stage, senior citizens seek security and stability for their investments.
Jana Small Finance Bank is focused on not only providing them with safety and security of their money but also higher returns. Besides providing attractive FD rates, the bank doesn’t charge a penalty on premature closure from the customers.Like senior citizens, for general deposits, the bank is offering one amongst the highest interest of 8.5% on fixed deposit for 366 days.
Senior Citizen Interest Regular Interest Rate p.a.
Tenure Buckets < Rs. 1 crore Rate p.a. (%) for 366 days (%) for 366 days tenure*
tenure*
7 days to 45 days 6.60% 6.00%
46 days to 60 days 7.10% 6.50%
61 days to 180 days 7.60% 7.00%
181 days to 365 days 8.60% 8.00%
366* days 9.10% 8.50%
367 days to 3 years 8.85% 8.25%
More than 3 years up to 5
years 8.60% 8.00%
More than 5 years up to 10
years 7.60% 7.00%
*Rates are effective from 18/07/2018 (subject to change from time to time)
