Fincare Bank FD Rates 2023: Grow your money, with our fixed deposits. With a tenure varying between 7 days to 10 years, no penalty on premature withdrawal above 6 months and other great benefits…
The Fincare Bank offers a wide range of Fixed Deposits (FDs) that offer a good rate of return and come with various other benefits. Some of the features of Fincare Bank FDs include a nomination facility, flexible tenure options, a Fincare renewal facility, different interest payout options, loan/overdraft facility, Etc. It is very easy to open a Fincare Bank FD online and this can be done at the click of a button in a paper-free manner.
A Fixed Deposit (FD) is one of the most popular financial instruments among the general saving public in India as it provides a higher rate of interest than a regular savings account. Fixed Deposit (FD) is the safest of investments that give high returns after a period.
- Idle funds can be put to use
- Attractive rate of interest
- No Penalty on premature withdrawal above 6 months
- Option to choose quarterly and cumulative interests
- Non-maintenance charges waiver in savings against FD of one year and above
Resident Fixed Deposit (less than ₹2 Crores) – WITH Premature Withdrawal Facility (W.E.F 25-May-2023)
| TENURE | General Public | Senior Citizen Rate |
|---|---|---|
| 7 days – 45 days | 3.00% | 3.60% |
| 46 days – 90 days | 4.50% | 5.10% |
| 91 days – 180 days | 5.50% | 6.10% |
| 181 days – 365 days | 6.25% | 6.85% |
| 12 months – 15 months | 7.50% | 8.10% |
| 15 Months 1 day-499 days | 7.50% | 8.10% |
| 500 days | 8.11% | 8.71% |
| 501 days – 18 months | 7.50% | 8.10% |
| 18 months 1 day – 21 months | 7.80% | 8.40% |
| 21 months 1 day – 24 months | 7.80% | 8.40% |
| 24 months 1 day- 749 days | 7.90% | 8.50% |
| 750 days | 8.31% | 8.91% |
| 751 days – 30 months | 7.90% | 8.50% |
| 30 months 1 day to 999 days | 8.00% | 8.60% |
| 1000 days | 8.51% | 9.11% |
| 1001 days- 36 months | 8.00% | 8.60% |
| 36 months 1 day – 42 months | 8.25% | 8.85% |
| 42 months 1 day – 48 months | 7.50% | 8.10% |
| 48 months 1 day – 59 months | 7.50% | 8.10% |
| 59 months 1 day – 66 months | 8.00% | 8.60% |
| 66 months 1 day – 84 months | 7.00% | 7.60% |
- The above rates are effective from the date specified above. Rates are subject to change, without prior notice.
- Premature withdrawal of funds is subject to 0.5% preclosure penalty on the applicable slab rate or FD rate, whichever is lower.
- Above rates are valid on payments received via NEFT/RTGS transfer and receipt of money on the same day.
The above rates are valid for a SINGLE FD receipt of specified quantum. Eg: Three 1 Cr FDs from XYZ bank CAN NOT be treated as a single FD of 3Cr.
- Visit the nearest branch of Fincare Small Finance Bank and our Relationship Manager will guide you on the application process.
- Click Here to Apply Online
Categories: Fixed Deposit Rates
Source: bank.newstars.edu.vn
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