Au Small Finance Bank revises FD interest rates | Learn the details

AU Small Finance Bank offers fixed deposit schemes with a plethora of advantages similar to versatile tenure ranges from 7 days to 120 months, larger rates of interest than private and non-private sector banks, deposit insurance coverage cowl as much as Rs 5 lakh offered by DICGC, further rates of interest for senior residents, tax advantages and far more. The financial institution provides three varieties of time period deposit schemes i.e. Regular Fixed Deposits, 5-Year Tax Saving Fixed Deposits, and Sweep-In Facility to each common and senior residents. The financial institution has not too long ago revised rates of interest on home & NRE/NRO retail mounted deposits that are in power from twenty fifth August 2021. Check the latest rates of interest on mounted deposits of the financial institution right here.

Interest Rates On Domestic & NRE/NRO Retail Fixed Deposits (for quantities lower than INR 2 Crore)

Tenure Bucket	Interest Rates	Interest Rates (Annualized)
7 Days to 1 Month 15 Days	3.50%	–
1 Month 16 Days to three Months	4.00%	–
3 Months 1 Day to six Months	4.35%	4.42%
6 Months 1 Day to 12 Months	4.85%	4.94%
12 Months 1 Day to fifteen Months	5.85%	5.98%
15 Months 1 Day to 18 Months	5.75%	5.88%
18 Months 1 Day to 24 Months	5.75%	5.88%
24 Months 1 Day to 36 Months	6.00%	6.14%
36 Months 1 Day to 45 Months	5.75%	5.88%
45 Months 1 Day to 60 Months	5.75%	5.88%
60 Months 1 Day to 120 Months	6.00%	6.14%
Source: Bank Website, w.e.f. twenty fifth August 2021

Non-callable charges for Retail Fixed Deposits of Rs >=1 Crore to

Below listed rates of interest usually are not relevant to Non-Resident Indians (NRI).

Tenure Bucket	ROI	Annualized Rate
12 Months 1 Day – 15 Months	5.95%	6.08%
15 Months 1 Day – 18 Months	5.85%	5.98%
18 Months 1 Day – 24 Months	5.85%	5.98%
24 Months 1 Day – 36 Months	6.10%	6.24%
Source: Bank Website, w.e.f. twenty fifth August 2021

For Senior Citizens (for quantities lower than INR 2 Crore)

The charges proven under are solely obtainable to resident Indian Senior Citizen prospects who’ve a banking relationship with AU Small Finance Bank.

Tenure Bucket	Interest Rates	Interest Rates (Annualized)
7 Days to 1 Month 15 Days	4.00%	–
1 Month 16 Days to three Months	4.50%	–
3 Months 1 Day to six Months	4.85%	4.94%
6 Months 1 Day to 12 Months	5.35%	5.46%
12 Months 1 Day to fifteen Months	6.35%	6.50%
15 Months 1 Day to 18 Months	6.25%	6.40%
18 Months 1 Day to 24 Months	6.25%	6.40%
24 Months 1 Day to 36 Months	6.50%	6.66%
36 Months 1 Day to 45 Months	6.25%	6.40%
45 Months 1 Day to 60 Months	6.25%	6.40%
60 Months 1 Day to 120 Months	6.50%	6.66%
Source: Bank Website, w.e.f. twenty fifth August 2021

For Domestic & NRE/NRO Retail Monthly Payout Fixed Deposits (for quantities lower than INR 2 Crore)

Tenure Bucket	Resident / NRE / NRO Interest Rates for Monthly payout p.a.(%)	Senior Citizen Interest Rates for Monthly payout p.a.(%)
7 Days to 1 Month 15 Days	–	–
1 Month 16 Days to three Months	–	–
3 Month 1 Day to six Months	4.33%	4.83%
6 Months 1 Day to 12 Months	4.83%	5.33%
12 Months 1 Day to fifteen Months	5.82%	6.32%
15 Months 1 Day to 18 Months	5.72%	6.22%
18 Months 1 Day to 24 Months	5.72%	6.22%
24 Months 1 Day to 36 Months	5.97%	6.47%
36 Months 1 Day to 45 Months	5.72%	6.22%
45 Months 1 Day to 60 Months	5.72%	6.22%
60 Months 1 Day to 120 Months	5.97%	6.47%
Source: Bank Website, w.e.f. twenty fifth August 2021

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Story published: August 31, Tuesday, 2021, 12:48 A.M

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