Product Details
Bank Name
Ujjivan Small Finance Bank
Eligibility
You must be a resident individual customer with an existing savings account or current account at Ujjivan Small Finance Bank.
There is no minimum age requirement to open a Ujjivan Small Finance Bank RD account.
Interest Rate
6.5% to 7%
Tenure
6 months to 10 years
Fixed Deposit Type
Reccuring Deposit
Regular Recurring Deposits
Tax Benefits
No
Credit Ratings
CRISIL A1+
Interest Payment Frequency
At maturity only
Cummulative/Non-Cummulative
No information provided
Features
Senior Citizens can avail of highest FD interest rates, i.e. an additional. 0.50% p.a.Senior Citizens can avail of highest FD interest rates, i.e. an additional. 0.50% p.a.
Minimum Fixed Deposit amount ranges from ₹ 100 and in multiples of ₹ 100 thereof
Premature closure facility allowed
Minimum Investment Amount
Rs.100
Fees and Charges
Pros
Senior Citizens can avail of highest FD interest rates, i.e. an additional. 0.50% p.a.Senior Citizens can avail of highest FD interest rates, i.e. an additional. 0.50% p.a.
Minimum Fixed Deposit amount ranges from ₹ 100 and in multiples of ₹ 100 thereof
Premature closure facility allowed
Cons
Limited liquidity
Tax on interest
Pros & Cons
Account Opening and Procedure
How to Open?
Application Procedure
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