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.
returns on FD
Lock in returns as high as
8.35% before they go down
Top Banks FD Schemes
Understanding Fixed Deposit
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