7.5%
Interest for 3 years
Tenure | Normal Citizen FD Rate | Senior Citizen FD Rate |
---|---|---|
7 days - 1 month 17 days | 4% | 4.75% |
1 month 18 days - 3 months 1 day | 4.25% | 5% |
3 months 2 days - 5 months 30 days | 5% | 5.75% |
6 months - 11 months 30 days | 6% | 6.75% |
1 year - 1 year 10 months 30 days | 7.5% | 8.25% |
1 year 11 months - 1 year 11 months | 8% | 8.75% |
1 year 11 months 1 day - 4 years 11 months 30 days | 7.5% | 8.25% |
5 years - 9 years 11 months 28 days | 6.25% | 7% |
Note: All interest rates shown below are as on 9th Jan 2023
Incorporated in 2009, Utkarsh Micro Finance Limited received the small finance bank (SFB) licence from the Reserve Bank of India (RBI) in November 2016 and completed the conversion to a bank in January 2017. It is promoted by Mr. Govind Singh, who was earlier the business head of micro banking at ICICI Bank. Operating in 18 states as on March 31, 2021, the bank offers deposits, microfinance loans, MSME loans, affordable housing loans and corporate loans.
4% - 8%
FD Rate
4.75% - 8.75%
FD Rate for Seniors
₹ 1000
Minimum Deposit
₹ 2 Crores
Maximum Deposit
-
Lock-in
-
FD Tenure
-
Loan against FD
NA
CRISIL Rating
Investment Amount | For 3 years with interest of 7.5% | For 5 years with interest of 7.5% |
---|---|---|
₹ 50,000 | ₹ 62,572 | ₹ 72,665 |
₹ 1 lakh | ₹ 125,145 | ₹ 145,329 |
₹ 2 lakh | ₹ 250,289 | ₹ 290,659 |
₹ 5 lakh | ₹ 625,723 | ₹ 726,647 |
₹ 10 lakh | ₹ 1,251,446 | ₹ 1,453,294 |
Use FD calculator to change values and compare your returns from top banks.
Maturity Amount | ₹ 107,763 | ₹ 108,139 |
Total Investment Amount | ₹ 100,000 | ₹ 100,000 |
Total Interest Gained | ₹7,763 | ₹ 8,139 |
Bank Name | FD Interest Rates |
---|---|
7.85% - 8.8% | |
5.75% - 6.25% | |
7% - 7.75% | |
7% - 7% | |
7.2% - 7.95% | |
6.25% - 6.75% | |
6.5% - 7% | |
6.25% - 6.75% | |
5.3% - 5.55% | |
5.2% - 5.7% |
₹ 100,000
Total Investment
7,763
Wealth Gained
₹ 107,763
Maturity Amount
The flexible & tax efficient alternative to FDs.