Jana Small Finance Bank hikes interest rates on fixed deposits and offers attractive interest rates
Bangalore: Jana Small Finance Bank, one of the leading small finance banks in India, has announced a new increase in interest rates on regular fixed deposits, effective Feb 1, 2023 and on FD Plus are effective from Feb 6, 2023.
With this hike, the bank now provides among the highest interest rates in the Banking industry.
Customers will now get an interest rate as high as 8.10% on regular deposits for a tenure of more than 2-3 years. Customers can reap the benefit of 8.25% on Fixed Deposit Plus for a tenure of more than 2-3 years. Bank also offers 8.80% on Senior Citizen Fixed Deposits.
Speaking on this development Shrinivas Murty, President and Head of Branch Banking and Marketing said, “Our interest rates are best in class. We offer a wide range of Liabilities products suitable for every customer segment we serve. Jana Fixed deposits & Current accounts with sweep-in facility are extremely well received as these products help balance liquidity needs with returns. This increase in interest rates would help our customer plan their investments better & meet their financial objectives.”
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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