ANI PR Wire
23 Nov 2022, 18:45 GMT+10
Bengaluru (Karnataka) [India], November 23 (ANI/NewsVoir): Ittira Davis, Managing Director and Chief Executive Officer, Ujjivan SFB, commented, "The FD rate increase is a reinforcement of our commitment to offer our customers the best products. This also is in line with our retail strategy of building granular deposits and the evolving macro-economic situation."
New rates are effective from November 5, 2022
Customers can invest a minimum of above Rs 15 lakhs to below Rs 2 Crores under the plan. The Platina FD is non-callable, i.e. partial and premature withdrawal facility is not available in this scheme.
Ujjivan SFB allows monthly, quarterly and at maturity interest pay-out options. The Tax Saver Fixed Deposits comes with five years lock-in period.
The latest round of rate increases on FDs place Ujjivan SFB among the banks offering the highest Interest Rates on the Term Deposits.
Ujjivan Small Finance Bank Limited is one of the leading small finance banks.
Ujjivan Small Finance Bank began operations in February 2017 and currently serves 70+ lakh customers through its 590 branches and 16,600+ employees.
The bank remains committed to serving unserved and underserved segments through financial and digital inclusion as a mass-market bank.
Ujjivan is a one-stop destination for financial services, offering a personalised customer experience. The strengthened digital interfaces across regions and languages have empowered Ujjivan customers to seek timely and easy access to finance at all times.
This story has been provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)
Get a daily dose of Kolkata Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kolkata Sun.
More InformationBRUSSELS, Belgium: Meta is holding firm on its controversial pay-or-consent model, a move that could lead to fresh antitrust charges...
LONDON, U.K.: American consumers and businesses could soon face the highest overall tariff burden in more than a century, according...
The family of Sayfollah Saif Musallet, a 20-year-old American citizen who was beaten to death by Israeli settlers in the occupied West...
CONCORD, New Hampshire: A federal judge in New Hampshire issued a crucial ruling on July 10 against President Donald Trump's executive...
DUBAI, U.A.E.: A cargo ship flagged under Liberia, known as the Eternity C, sank in the Red Sea following an attack executed by Yemen's...
WASHINGTON, D.C.: The Trump administration has started sending some weapons to Ukraine again, just a week after the Pentagon told officials...
NEW DELHI, India: India has submitted a revised proposal to the World Trade Organization (WTO) in Geneva to implement retaliatory tariffs...
New Delhi [India], July 15 (ANI): Delhi's Rohini District Court has recently sentenced two men to life imprisonment for murder, Kidnapping...
New Delhi [India], July 15 (ANI): A SpiceJet flight from Delhi to Mumbai on Monday handed over two passengers to CISF for their unruly...
New Delhi [India], July 15 (ANI): The Rouse Avenue court on Monday permitted Bharat Rashtra Samithi (BRS) MLC K Kavitha to travel to...
New Delhi [India], July 15 (ANI): Union Home Minister and Minister of Cooperation, Amit Shah, on Monday addressed the 63rd Foundation...
Agartala (Tripura) [India], July 15 (ANI): Tripura Chief Minister Manik Saha said on Monday that the development of the country is...