Fixed Deposit Details
Bank Name
Ujjivan Small Finance Bank
Eligibility
Individual account type: You must be a resident individual in India. Minimum age: You must be 18 years of age or older to open a Regular FD account with Ujjivan SFB.
Interest Rate
3.75 to 8.75%
Tenure
7 Days to 10 Years
Fixed Deposit Type
Regular
Regular Fixed Deposits
Tax Benefits
Credit Ratings
CRISIL A1+
Interest Payment Frequency
Monthly, quarterly or on maturity. 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
Both
Features
- You can open a fixed deposit for a minimum period of 7 days to a maximum of 10 years
- The discounted interest rate for monthly interest pay-out option
- Premature closure and partial withdrawal facility allowed
- 0.50% p.a. additional rate for Senior Citizens
Minimum Investment Amount
Rs.1,000
Features & Benefits
Pros
- 0.50% p.a. additional rate for Senior Citizens
- Competitive interest rates
- Safe and secure
- Flexible Tenure
- Easy to open and manage
Cons
- Limited liquidity
- 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 2026-11-06T11:00:15Z. 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 Historical financial/product information may be outdated.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.
