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Unity Small Finance Bank Fixed Deposit

Updated on: Sep 21st, 2023

Unity Small Finance Bank is heralded as one of India's rapidly growing small finance banks. Established to foster financial inclusion in rural, unbanked, and underserved regions, it has marked a significant footprint nationwide.

Catering mainly to consumers and small-scale businesses, the bank stands out with its effortless banking strategies combined with avant-garde technology. For those pondering over the fixed deposit schemes of Unity Small Finance Bank, here's an all-inclusive guide:

Types of FDs in Unity Small Finance Bank

Regular Fixed Deposit
 

Benefits of Investing in Unity Small Finance Bank Fixed Deposits

  • Period: The FD with Unity Small Finance Bank ranges from 7 days to 10 years.
  • DICGC insurance: The amount invested with the bank is covered by Deposit Insurance and Credit Guarantee Corporation (DICGC) for the total sum of ₹5 lakhs.
  • Minimum amount: Fixed deposits with Unity Small Finance Bank can be opened with a minimum investment of ₹1,000.
  • Preference to senior citizens: Additional 0.5% p.a. for senior citizens.
  • Nomination facility: Depositors can nominate beneficiaries for their Unity Small Finance Bank FDs investments.

currency_bonds
Earn once in a decade
returns on FD

Lock in returns as high as
8.35% before they go down

Disclaimer: Wint Wealth makes no guarantee or warranty on the accuracy of the data provided on this site, the information displayed is subject to change and are provided on an as-is basis. Nothing contained herein is intended to or shall be deemed to be investment advice, implied or otherwise. You are advised to make your own enquiries, consult a professional advisor and verify the information prior to taking any investment decisions. We accept no liability for any loss arising from the use of information contained on this website.

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