Product Details
Bank Name
Ujjivan Small Finance Bank
Eligibility
TASC, Non-individuals (excluding FIG) and for all individuals including NR customers
Interest Rate
6.7 to 8.20%
Tenure
12 months to 60 months
Fixed Deposit Type
Retail Non-callable deposit
PLATINA FD
Tax Benefits
No
Credit Ratings
CRISIL A1+
Interest Payment Frequency
monthly, quarterly or on
maturity
Cummulative/Non-Cummulative
Both
Features
Minimum deposit amount of Rs. 15 lakh and maximum deposit amount is Rs. 2 Cr. No auto renewal facility No Part closure and Pre-closure facility Maximum interest 8.20% can be yielded when invested for 80 weeks (560 Days)
Minimum Investment Amount
Rs. 15 Lakh
Fees and Charges
Pros
Higher interest rates
Flexible interest payout options
Suitable for larger deposits
Cons
High deposit amount required No auto renewal facilty
Pros & Cons
Account Opening and Procedure
How to Open?
https://digiaccount.ujjivansfb.in/FD/
Application Procedure
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