Fincare Bank FD Rates 2023: Grow your money, with our fixed deposits. With a tenure varying between 7 days to 10 years, no penalty on premature withdrawal above 6 months and other great benefits…
The Fincare Bank offers a wide range of Fixed Deposits (FDs) that offer a good rate of return and come with various other benefits. Some of the features of Fincare Bank FDs include a nomination facility, flexible tenure options, a Fincare renewal facility, different interest payout options, loan/overdraft facility, Etc. It is very easy to open a Fincare Bank FD online and this can be done at the click of a button in a paper-free manner.
A Fixed Deposit (FD) is one of the most popular financial instruments among the general saving public in India as it provides a higher rate of interest than a regular savings account. Fixed Deposit (FD) is the safest of investments that give high returns after a period.
Benefits of Fincare Bank Fixed Deposit
- Idle funds can be put to use
- Attractive rate of interest
- No Penalty on premature withdrawal above 6 months
- Option to choose quarterly and cumulative interests
- Non-maintenance charges waiver in savings against FD of one year and above
Fincare Bank FD Rates 2023
Resident Fixed Deposit (less than ₹2 Crores) – WITH Premature Withdrawal Facility (W.E.F 25-May-2023)
|TENURE||General Public||Senior Citizen Rate|
|7 days – 45 days||3.00%||3.60%|
|46 days – 90 days||4.50%||5.10%|
|91 days – 180 days||5.50%||6.10%|
|181 days – 365 days||6.25%||6.85%|
|12 months – 15 months||7.50%||8.10%|
|15 Months 1 day-499 days||7.50%||8.10%|
|501 days – 18 months||7.50%||8.10%|
|18 months 1 day – 21 months||7.80%||8.40%|
|21 months 1 day – 24 months||7.80%||8.40%|
|24 months 1 day- 749 days||7.90%||8.50%|
|751 days – 30 months||7.90%||8.50%|
|30 months 1 day to 999 days||8.00%||8.60%|
|1001 days- 36 months||8.00%||8.60%|
|36 months 1 day – 42 months||8.25%||8.85%|
|42 months 1 day – 48 months||7.50%||8.10%|
|48 months 1 day – 59 months||7.50%||8.10%|
|59 months 1 day – 66 months||8.00%||8.60%|
|66 months 1 day – 84 months||7.00%||7.60%|
- The above rates are effective from the date specified above. Rates are subject to change, without prior notice.
- Premature withdrawal of funds is subject to 0.5% preclosure penalty on the applicable slab rate or FD rate, whichever is lower.
- Above rates are valid on payments received via NEFT/RTGS transfer and receipt of money on the same day.
The above rates are valid for a SINGLE FD receipt of specified quantum. Eg: Three 1 Cr FDs from XYZ bank CAN NOT be treated as a single FD of 3Cr.
How to Apply for Fincare Bank FD
- Visit the nearest branch of Fincare Small Finance Bank and our Relationship Manager will guide you on the application process.
- Click Here to Apply Online