|Tenure||Normal Citizen FD Rate||Senior Citizen FD Rate|
|7 days - 1 month 14 days||3.75%||4.25%|
|1 month 15 days - 2 months 28 days||4.25%||4.75%|
|3 months - 5 months 28 days||5%||5.5%|
|5 months 29 days - 11 months 29 days||6.75%||7.25%|
|1 year - 1 year 6 months||7.75%||8.25%|
|1 year 6 months 1 day - 1 year 11 months 29 days||7.5%||8%|
|2 years - 2 years 11 months 29 days||8%||8.5%|
|3 years - 3 years 8 months 30 days||7.75%||8.25%|
|3 years 9 months - 9 years 11 months 27 days||7.25%||7.75%|
Note: All interest rates shown above are as on 6th Nov 2023
AU Small Finance Bank was incorporated as an NBFC in 1996. It started its banking business in April 2019. AU SFB mainly focuses on the retail asset-financing segment, primarily in the vehicle financing segment, small business loans to MSMEs, gold, personal, and house loans, and commercial banking products. The bank has its headquarters in Jaipur. As of March 2022, the AU Small Finance Bank has 692 branch offices across India and 514 ATMs. The total deposits as of March 2022 stood at INR 52,585 crores. AU Small Finance Bank’s Fixed Deposits have an AA+ (Stable) Credit Rating.
3.75% - 8%
4.25% - 8.5%
FD Rate for Seniors
₹ 2 Crores
Loan against FD
|Investment Amount||For 3 years with interest of 8%||For 5 years with interest of 7.25%|
|₹ 50,000||₹ 63,512||₹ 71,768|
|₹ 1 lakh||₹ 1,27,024||₹ 1,43,535|
|₹ 2 lakh||₹ 2,54,047||₹ 2,87,070|
|₹ 5 lakh||₹ 6,35,119||₹ 7,17,675|
|₹ 10 lakh||₹ 12,70,237||₹ 14,35,351|
Use FD calculator to change values and compare your returns from top banks.
|Maturity Amount||₹ 1,06,963||₹ 1,07,763|
|Total Investment Amount||₹ 1,00,000||₹ 1,00,000|
|Total Interest Gained||₹6,963||₹ 7,763|
|Bank Name||FD Interest Rates|
|Kerala Gramin Bank FD||7.5% - 8%|
|Punjab and Sind Bank FD||6% - 6.5%|
|Ellaquai Dehati Bank FD||6.25% - 6.75%|
|Manipur Rural Bank FD||6.2% - 6.7%|
|Sarva Haryana Gramin Bank FD||6.75% - 7.25%|
|City Union Bank FD||6.5% - 6.75%|
|LIC Housing Finance FD||7.75% - 8%|
|Dhanlaxmi Bank FD||6.5% - 7%|
|Tamilnad Mercantile Bank FD||6.5% - 7%|
|Capital Small Finance Bank FD||7.15% - 7.65%|
AU Small Finance Bank offers multiple fixed deposits for various tenures with different interest rates to its investors. The interest rate on AU Small Finance Bank FDs is higher than their savings account. One can invest in AU Small Finance Bank FDs with just a minimum investment of INR 1,000. This article covers AU Small Finance Bank FD, its features and fd interest rates in detail.
Following are the types of FD schemes that AU Small Finance Bank offers:
Under this scheme, the interest is reinvested into the scheme. However, depositors can opt for interest payout for monthly or quarterly intervals instead of compounding.
Investors can grow their wealth and also benefit from tax exemption by investing in the 5-Year Tax Saving FD.
One can open an AU Small Finance Bank FD account through various modes such as Internet Banking, Mobile App and offline.
The following steps will help an individual to open an AU Small Finance Bank FD account through internet banking:
The following steps will guide in opening an FD account through AU Small Finance Bank Mobile App:
To open an AU Small Finance Bank FD account offline, one has to visit the nearest AU Small Finance Bank branch. Fill the AU Small Finance Bank FD application form and submit all the necessary documents along with the deposit amount. On successfully processing the application, AU Small Finance Bank will provide an FD receipt.
To open a fixed deposit account with AU Small Finance Bank, one needs the following documents.
To open an FD account with AU Small Finance Bank, one has to be eligible. Following are the individuals that are eligible to invest in AU Small Finance Bank FDs.
AU Small Finance Bank offers recurring deposits to its depositors. AU Small Finance Bank RDs have a minimum tenure of 90 days and maximum tenure of 10 years. The minimum investment in AU Small Finance Bank RD is INR 100, and there is no limit on the maximum investment. The interest rate for regular citizens is 4%-6.5% and for senior citizens is 4.5%-7%. One can invest in AU Small Finance Bank RD through either internet banking or mobile banking or by physically visiting an AU Small Finance Bank branch.
Only investment in AU Small Finance Bank Tax Saving FDs qualifies for tax saving up to INR 1,50,000 per annum. Investment in no other AU Small Finance Bank FDs qualifies for tax saving under Section 80C of the Income Tax Act. The interest income from AU Small Finance Bank FD is taxable as per the investor’s income tax slab rates. Moreover, the interest income is subject to a TDS of 10% if the income from AU Small Finance Bank FD exceeds INR 40,000 per annum. For senior citizens, the limit is INR 50,000 per annum. Also, if the investor doesn’t disclose PAN Card details to AU Small Finance Bank, then the TDS rate will be 20%.
If an investor doesn’t disclose PAN details to AU Small Finance Bank, then the bank will TDS at 20% instead of 10%. Also, AU Small Finance Bank will not issue a TDS certificate. Moreover, there won’t be a credit of TDS in income tax returns. Furthermore, all exemption certificates will be invalid.
What is the highest AU Small Finance Bank FD rate today?
What is the highest interest rate on AU Small Finance Bank 1 year FD scheme?
What is AU Small Finance Bank FD scheme interest rate for 5 years?
How many years FD will double in AU Small Finance Bank?
What is AU Small Finance Bank FD minimum deposit amount?
What is senior citizen fixed deposit interest rates in AU Small Finance Bank?
What are the available FD tenures in AU Small Finance Bank?
What is AU Small Finance Bank FD ROI for 10 lakh deposit for 1 year?
The interest from the AU Small Finance Bank FD calculator for 10 lakh deposit for 1 year will be INR 69,628. The maturity value will be INR 10,69,628. You can use Scripbox’s FD Calculator to determine the maturity value of your investment.
How to check the fixed deposit balance in AU Small Finance Bank?
How many FDs can be opened in AU Small Finance Bank?