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Jana SFB Revises FD Rates, Now Offers Upto 8.85% On 500 Days Tenure To Senior Citizens
Jana Small Finance Bank (SFB), a Bengaluru-based SFB, revises its interest rates on fixed deposits of less than Rs 2 Crore. The revised interest rates are effective from April 10, 2023, according to the Jana SFB's official website.
Jana SFB is now offering interest rates on maturity periods ranging from 7 days to 10 years that range from 3.75% to 8.15% for the general public and 4.45% to 8.85% for senior citizens, respectively. On the special tenure of 500 days, the bank is giving the highest 8.15% to the general public and 8.85% to senior citizens, respectively.
Jana SFB offers up to and above 7% interest on select Fixed Deposits Maturity periods. On the deposit period of 181 days to 365 days, the bank offers 7% to the general public and 7.70% to senior citizens. On the deposit period of 365 days to 499 days, and 501 days to 2 years, the bank offers 7.25% to the general public and 7.95% to senior citizens.
On the deposit period of 2 years to 3 years, the offers 7.35% to the general public and 8.05% to the general public. For the deposit period of 3 years to 5 years, the bank offers 7.25% to the general public and 7.95% to the general public.
Interest Rates For Fixed Deposit Less Than Rs 2 Cr (effective 10th April 2023)
| Tenure | Regular FD Interest Rate (p.a.) | Senior Citizen FD Interest Rate (p.a.) |
|---|---|---|
| 7-14 Days | 3.75% | 4.45% |
| 15-60 Days | 4.25% | 4.95% |
| 61-90 Days | 5.00% | 5.70% |
| 91-180 Days | 6.25% | 6.95% |
| 181-364 Days | 7.00% | 7.70% |
| 365 - 499 Days | 7.25% | 7.95% |
| 501 Days - 2 Years | 7.25% | 7.95% |
| > 2 Years - 3 Years | 7.35% | 8.05% |
| > 3 Year - | 7.25% | 7.95% |
| 5 Year (1825 Days) | 6.00% | 6.70% |
| > 5 Years - 10 Years | 6.00% | 6.70% |
| 500 Days | 8.15% | 8.85% |
Source - Janabank.com
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