Fixed Deposit Plus, is a lump-sum investment plan that gives you competitive return at the end of the term. The rate of interest paid for fixed deposits varies based on tenure and amount. Higher rates of interest are offered to Senior Citizens.
Get
1 reward point on every
100 spends on debit cardGet
1 reward point on every
100 spends on debit cardGet
Cash withdrawal on Utkarsh Bank ATMs
Earn competitive returns on your surplus funds.
Earn more interest than Fixed Deposit
Enjoy higher interest rates for senior citizen.
Interest payment options are monthly, quarterly and at maturity.
Process that can be accessed from anywhere.
a) Individual Resident of India
c) Sole Proprietorship Firms
d) Partnership Firms
e) Limited Companies
f) Trust and societies
Fixed Deposit Plus | |
Particulars | Charges |
---|---|
Minimum Investment Amount | Above | 1 Crore
Maximum Investment Amount | Less than | 2 Crore
Minimum Tenure | 7 Days |
Maximum Tenure | 10 Years |
Premature Withdrawal Facility | Not Available |
Interest Rate 8.00% |
Interest Earned 3,50,452 |
Maturity Value 13,50,452 |
Maturity Date 20 Apr 2023 |
(Indicative interest rates for calculation only. click here for latest rates.) |
Visit your nearest Utkarsh Small Finance Bank branch to apply for a Fixed Deposit Plus.
You are eligible if you belong to any one of the following categories below:
You need to invest a minimum amount of above
1 Crore in your Fixed Deposit Plus.You need to invest a maximum amount of less than
2,00,00,000 in your Fixed Deposit Plus..Refer to interest rate chart for interest rates on Fixed Deposit Plus.
Fixed Deposit Plus will be booked as Non-Callable deposit. Hence, it cannot be prematurely withdrawn.
The Bank may allow premature withdrawal of these deposits in following exceptional circumstances: in the event of any direction from any statutory and/or regulatory authority or deceased claim settlement cases.
Earn up to 7.75 %* on your Savings Account and get interest credited quarterly
Earn interest rates up to 8.50 %* p.a. and 9.10 %* p.a. for Senior Citizens
Get Loan amount upto
10 Crores with Flexible Tenure upto 15 yearsTurn your surplus funds into security, for a better tomorrow
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