Jana Bank FD Rates @9.60%, Jana Bank Regular Fixed Deposit Rates

Jana Bank FD Rates 2019: Jana Small Finance Bank’s Regular Fixed Deposit ensures that your earnings grow steadily and effortlessly. Its key features like attractive interest rates, multiple interest payout options, and zero penalty on premature closure make it the ideal investment for your hard-earned money.

The Jana 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 Jana Bank FDs include nomination facility, flexible tenure options, auto renewal facility, different interest payout options, loan/overdraft facility, Etc. It is very easy to open an Jana Bank FD online and this can be done at the click of a button in a paper-free manner.

Key Benefits for Jana Bank FD Rates

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.

FEATURESBENEFITS
Attractive Interest Rates
  • Get best-in-class Interest Rates of 9%* p.a. being highest in the card rate
  • Earn more attractive interest rates than Savings Account
  • Senior Citizens will get an additional 0.6% interest over and above the FD card rate
Low Deposit AmountsStart depositing with an amount as low as INR 1000
Premature Closure
  • Available
  • No penalty on Premature closure
Mobile Banking AppTransact conveniently through our Mobile Banking App
Cumulative and Non-Cumulative
(Monthly / Quarterly / Half-Yearly / Yearly Payout Options)
Freedom to choose the Interest pay-out option

Jana Bank FD Rates

Rates are effective from 08/09/2018 (subject to change from time to time)

TenorRegular FD Effective Date-14/12/2018Senior Citizen FD
 30/01/2019
7 days to 45 days6.00%6.60%
46 days to 60 days6.50%7.10%
61 days to 180 days7.00%7.60%
181 days to 365 days8.50%9.10%
More than 1 year up to 2 years8.50%9.10%
More than 2 years up to 3 years8.50%9.10%
3 years9.00%9.60%
More than 3 years up to 5 years8.50%9.10%
More than 5 years up to 10 years7.00%7.60%
  • The interest is computed based on the actual number of days in a year i.e. 365 days for a non-leap year and 366 days for a leap year. The tenor of Deposit is calculated in number of days.
  • *The above card rates are applicable to deposits less than INR 2 Crore.
  • *For interest rates on deposits of INR 2 Crore & above, please contact the nearest branch of Jana Small Finance Bank.
  • *In case of premature withdrawal of the deposit, penalty as follows will be applied on the applicable rate of interest for the duration which the deposit is maintained with us:
    • Fixed Deposit less than INR 200 Lakhs – 0.5%
    • Fixed Deposits greater than or equal to INR 200 Lakhs – 1%

Jana Bank FD Eligibility Criteria

  • Both new and existing customers of Jana Small Finance Bank can open a Fixed Deposit.
  • Following are the types of customers who can open fixed deposit accounts: Individuals, Minors, Proprietorship, HUF (Hindu Undivided Family), Registered and Unregistered Body, Cooperative Society, Trusts, Partnerships, NGO and, Private Limited.

How to Apply for Jana Bank FD

  • Visit the nearest branch of Jana Small Finance Bank and our Relationship Manager will guide you on the application process.
  • You can also contact us and our Customer Care Executive will fix a service appointment with our Relationship Manager to help you with the application process.

Documents Required

a) Individuals

  • Aadhaar/ Proof of application of Aadhaar enrolment which is not older than six months and
  • PAN/Form 60 (In case of Form 60, one certified copy of OVD* to be submitted) and
  • FATCA Declaration which is part of the account opening form
  • Recent Photograph

b) Hindu Undivided Family

  • Aadhaar/ Proof of application of Aadhaar enrolment of Karta/existing authorised signatories)
  • PAN/Form 60 (In case of Form 60, one certified copy of OVD* to be submitted) of HUF
  • PAN/Form 60 (In case of Form 60, one certified copy of OVD* to be submitted) of Karta /existing authorised signatories)
  • Declaration from the Karta and Joint Hindu Family letter signed by all the adult holders as per format Annexure 2 attached
  • Recent Photograph of Karta/authorised signatories
  • FATCA Declaration which is part of the account opening form

Recommended