FD Rate: This bank has revised its FD interest rates, offering 8.25 percent interest for the general public and 8.50 percent interest for senior citizens. Find out which bank it is.
Suryoday Small Finance Bank: Everyone wants to save a portion of their salary. To achieve this, people often want to invest in a place that offers good interest. This savings can be very useful for people in retirement. However, most people are concerned about where to invest. So, if you want to invest in a place where the returns are already fixed, a fixed deposit (FD) is a better option for you.
Changes in interest rates
- Suryoday Small Finance Bank has changed the interest rates on FD.
- This change has been made on 15 August 2026.
How much interest will you get now?
- General customers can get up to 8.25 percent annual interest on FDs of less than Rs 3 crore.
- Whereas senior citizens can get annual interest up to 8.50 percent.
Will you get more interest on 5 year FD?
Yes, you can benefit more if you invest in a 5-year FD. This is the highest interest rate under the bank's new rates. Senior citizens will receive 8.50 percent interest on a 5-year FD, while general customers will receive 8.25 percent.
Getting an FD for 5 years is not right for everyone
High interest rates often prompt people to consider an FD. However, one important consideration is whether a 5-year FD is right for everyone. A 5-year FD is ideal for those who won't need the money for five years and require a guaranteed return. If you don't expect to need the money for any purpose within five years, you may want to consider an FD.
Can you do FD online also?
- Yes, you can also get FD done online in Suryoday Small Finance Bank.
- For this you have to go to the official website of Suryoday Small Finance Bank.
- Then provide your mobile number along with DOB or PAN details.
- Then verify with OTP.
- After this, fill some important information and also enter KYC information.
- Then you choose the FD amount and the tenure of your choice.
- You can start FD from Rs 1000.
- Then make payment through UPI or net banking.
- After completion of the entire process, you will get the FD receipt.
Note: Before investing in FD, check the interest, terms and conditions.
