Fixed Deposit Details
Bank Name
Suryoday Small Finance Bank
Eligibility
Resident individuals
Hindu Undivided Family
Sole proprietorship firms
Partnership firms
Limited companies
Trusts.
Interest Rate
4 - 9.10% per annum.
Tenure
7 days to 10 years
Fixed Deposit Type
Regular
REGULAR FIXED DEPOSITS
Tax Benefits
No
Credit Ratings
CRISIL A1+
Interest Payment Frequency
Daily, Monthly, and Yearly
Cummulative/Non-Cummulative
No information provided
Features
Minimum sum of Rs 1,000 and thereafter in multiples of Rs 1/- (Rates applicable basis amount) Available in traditional or cumulative/re-investment plans Option of auto-renewing the FD at the end of the term Premature withdrawal- penalty of 1%
Minimum Investment Amount
Rs 1,000
Features & Benefits
Pros
Competitive Interest Rates
Loan Against FD
Suryoday SFB might allow you to select how you receive interest payouts - monthly, quarterly, or on maturity.
Cons
Early Withdrawal Penalty
Pros & Cons
Account Opening Procedure
How to Open?
Application Procedure
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