AU Small Finance Bank: AU Small Finance Bank has increased the interest rates related to its fixed deposit (FD) scheme. The new rates have come into effect from January 20, 2025. The current interest rate on 18-month fixed deposits for general customers is 8.1 percent, while for senior citizens the rate is 8.6 percent. The bank has increased the interest rates on various schemes related to domestic and retail fixed deposits (less than Rs 3 crore). Under this, the interest rate on fixed deposits of 18 months is 8.1 percent, while for the period of 12 to 15 months this rate is 7.85 percent.
The bank has also increased the interest rates on deposit schemes for senior citizens and for them, the interest rate on deposit schemes for 18 months is 8.6%, while the interest rate for 12-15 months range is 8.35%. Additionally, AU Small Finance Bank has increased the interest rate on non-callable fixed deposits of more than Rs 1 crore and less than Rs 3 crore. For general customers in this category, the interest rate for a tenure of 18 months is 8.2%, while the yield for a tenure of 12-15 months is 7.95%.
The bank has also changed the interest rates for monthly payout fixed deposits. Under this, the revised rate for general customers for a period of 18 months is 8.05% and for senior citizens this rate is 8.54%.