Fixed Deposit Details
Bank Name
Ujjivan Small Finance Bank
Eligibility
There is no minimum age requirement to open this deposit You are required to provide your customer consent on account opening form You need to have existing savings or a current account with Ujjivan SFB
Interest Rate
Up to 8.25%
Tenure
3 to 120 months.
Fixed Deposit Type
Recurring
Sampoorna Lakshya
Tax Benefits
None
Credit Ratings
CRISIL A1+
Interest Payment Frequency
Not specified by the bank. Typically for fixed deposits having interest payment at maturity, compound interest is applicable and for fixed deposits having monthly interest payment, simple interest is applicable. Typically fixed deposits having a tenure of one year or less, simple interest is applicable. It is best to consult the bank officials before you book a fixed deposit.
Cummulative/Non-Cummulative
Not specified by the bank.
Features
- You can open a fixed deposit for a minimum period of 3 months to a maximum of 10 years
- Premature closure and partial withdrawal facility are available.
- 0.50% p.a. additional rate for senior citizens.
Minimum Investment Amount
3,000
Features & Benefits
Pros
- Competitive interest rates.
- Additional concession in interest rates for senior citizens.
- Maximum tenure of up to 120 months.
Cons
- Tax on interest
Pros & Cons
How to Open?
Can be opened at Centre meetings (upto ₹ 15,000) branch, or through mobile and internet banking
Product Review
About this content
Public source: Original MyRupaya page
Captured 2026-11-06T10:59:55Z. Public page text has been preserved and restyled. Historical financial/product information may be outdated. Embedded widgets and forms are not copied or connected to live services.
