Bank launches special FD scheme that offers 8.4% to senior citizens1 min read 03 Oct 2022, 01:27 PM IST
Since May this year, the Reserve Bank of India (RBI) has hiked the repo rates 4 times. which in turn has made fixed deposits (FDs) interest rates more attractive
Unity Small Finance Bank Limited (Unity Bank), a new age, digital first bank, has launched Shagun 501, a special Fixed Deposit tenure to brighten up Dussehra and Diwali. For a 501 days fixed deposit, retail customers will earn an attractive return of 7.90% p.a., whereas senior citizens earn 8.40 % p.a. This festive offer is available only for deposits booked up to 31st October, 2022.
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