• Fixed Deposit
  • Utkarsh Small Finance Bank
  • Utkarsh Small Finance Bank Fixed Deposit
Utkarsh Small Finance Bank Fixed Deposit

Utkarsh Small Finance Bank Fixed Deposit

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Shield CheckDICGC

8.5%

Interest for 3 years

Utkarsh Small Finance Bank FD Interest Rates 2024

TenureNormal Citizen FD RateSenior Citizen FD Rate
7 days - 1 month 15 days4%4.6%
1 month 16 days - 2 months 29 days4.75%5.35%
2 months 30 days - 5 months 27 days5.5%6.1%
5 months 28 days - 11 months 30 days6.5%7.1%
1 year - 1 year 11 months8%8.6%
1 year 11 months 1 day - 1 year 11 months 30 days8.25%8.85%
2 years - 3 years 1 day8.5%9.1%
3 years 2 days - 3 years 11 months 30 days8.25%8.85%
4 years - 5 years7.8%8.4%
5 years 1 day - 9 years 11 months 29 days7.3%7.9%

Note: All interest rates shown above are as on 7th May 2024

About Utkarsh Small Finance Bank FD

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.

Utkarsh Small Finance Bank FD

4% - 8.5%

FD Rate

4.6% - 9.1%

FD Rate for Seniors

₹ 1000

Minimum Deposit

₹ 2 Crores

Maximum Deposit

-

Lock-in

-

FD Tenure

-

Loan against FD

NA

CRISIL Rating

Utkarsh Small Finance Bank FD Returns Based on Investment Amount

Investment AmountFor 3 years with interest of 8.5%For 5 years with interest of 7.8%
₹ 50,000 ₹ 64,465₹ 73,756
₹ 1 lakh ₹ 1,28,930₹ 1,47,512
₹ 2 lakh ₹ 2,57,860₹ 2,95,024
₹ 5 lakh ₹ 6,44,651₹ 7,37,559
₹ 10 lakh ₹ 12,89,302₹ 14,75,118

Compare Utkarsh Small Finance Bank Fixed Deposit Returns with Top Banks

Use FD calculator to change values and compare your returns from top banks.

vs
Uttarbanga Kshetriya Gramin Bank FD
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Utkarsh Small Finance Bank FD
Utkarsh Small Finance Bank FD
Maturity Amount 1,08,300 1,05,326
Total Investment Amount₹ 1,00,000₹ 1,00,000
Total Interest Gained8,300 5,326

Compare Utkarsh Small Finance Bank Fixed Deposit Rates with Top Banks

Bank NameFD Interest Rates
Uttarbanga Kshetriya Gramin Bank FD
5.2% - 5.2%
Kotak Mahindra Bank FD
7% - 7.6%
Paschim Banga Gramin Bank FD
5.3% - 5.8%
Indian Overseas Bank FD
6.5% - 7%
HDFC Ltd FD
7.35% - 7.6%
Jharkhand Rajya Gramin Bank FD
6.5% - 6.75%
Andhra Pragathi Grameena Bank FD
7% - 7.6%
Rajasthan Marudhara Gramin Bank FD
7.1% - 7.6%
Arunachal Pradesh Rural Bank FD
6.25% - 6.75%
State Bank of India FD
6.75% - 7.25%

Calculate Utkarsh Small Finance Bank FD Returns

1,00,000

Total Investment

8,300

Wealth Gained

1,08,300

Maturity Amount

Explore Debt Funds, instead!

The flexible & tax efficient alternative to FDs.

Frequently Asked Questions

What is the highest Utkarsh Small Finance Bank FD rate today?

The highest Utkarsh Small Finance Bank FD rates for general citizens is 8.5% p.a. and 9.1% p.a. for senior citizens.

What is the highest interest rate on Utkarsh Small Finance Bank 1 year FD scheme?

The highest interest rate on Utkarsh Small Finance Bank 1 year FD scheme is 8% p.a.

What is Utkarsh Small Finance Bank FD scheme interest rate for 5 years?

7.8% p.a is the interest rate for 5 years on Utkarsh Small Finance Bank FD scheme.

How many years FD will double in Utkarsh Small Finance Bank?

To know in how many years Utkarsh Small Finance Bank Bank FD will double, we can follow the 72 rule. We have to divide 72 by the interest rate, and the result will be the number of years Utkarsh Small Finance Bank Bank FD will double. The current highest Utkarsh Small Finance Bank FD interest rate is 8.5% so investors will double the investment in 8.47 years. Similarly, senior citizen depositors will double their FD investment in 7.91 years, where the highest FD rate for senior citizens is 9.1%.

What is Utkarsh Small Finance Bank FD minimum deposit amount?

The minimum investment in Utkarsh Small Finance Bank FD is INR 1,000. However, there is no limit on the maximum amount of investment in Utkarsh Small Finance Bank FD.

What is senior citizen fixed deposit interest rates in Utkarsh Small Finance Bank?

The senior citizen fixed deposit interest rates in Utkarsh Small Finance Bank range between 4.6% to 9.1% p.a. for an available minimum and maximum investment duration.

What are the available FD tenures in Utkarsh Small Finance Bank?

Utkarsh Small Finance Bank FD tenure ranges from 7 days to 9 years 11 months 29 days

What is Utkarsh Small Finance Bank FD ROI for 10 lakh deposit for 1 year?

The interest from the Utkarsh Small Finance Bank FD calculator for 10 lakh deposit for 1 year will be INR 83,000. The maturity value will be INR 10,83,000. You can use Scripbox’s FD Calculator to determine the maturity value of your investment.

How to check the fixed deposit balance in Utkarsh Small Finance Bank?

You can check Utkarsh Small Finance Bank FD balance either online or offline mode. For online mode, log in to the Utkarsh Small Finance Bank internet banking portal. Alternatively, you can visit the nearest Utkarsh Small Finance Bank bank to update your passbook for FD balance enquiry.

How many FDs can be opened in Utkarsh Small Finance Bank?

There is no restriction on the number of FDs you can open with Utkarsh Small Finance Bank.