Utkarsh Small Finance Bank
Utkarsh Small Finance Bank changed its fixed deposit interest rates for amounts under Rs 2 crore.The new rates, effective from May 1, 2024, range from 4% to 8.50% for regular customers. For senior citizens, rates range from 4.60% to 9.10%. The highest rates, 8.50% for regular customers and 9.10% for senior citizens, are for deposits with a term of 2 to 3 years.
| Sr. | Regular | Senior Citizens | |
| No. | Tenure | Interest Rate | Interest Rate |
| 1 | 7 Days to 45 Days | 4.00% | 4.60% |
| 2 | 46 Days to 90 Days | 4.75% | 5.35% |
| 3 | 91 Days to 180 Days | 5.50% | 6.10% |
| 4 | 181 Days to 364 Days | 6.50% | 7.10% |
| 5 | 365 Days to 699 Days | 8.00% | 8.60% |
| 6 | 700 Days to less than 2 Years | 8.25% | 8.85% |
| 7 | 2 Years (730 Days) to 3 Years (1096 | 8.50% | 9.10% |
| Days) | |||
| 8 | Above 3 Years to less than 4 Years | 8.25% | 8.85% |
| 9 | 4 Years (1461 Days) upto 5 Years | 7.75% | 8.35% |
| (1826 Days) | |||
| 10 | Above 5 Years to 10 Years | 7.25% | 7.85% |
RBL Bank
RBL Bank has updated its fixed deposit interest rates for amounts below Rs 2 crore, with the changes taking effect on May 1, 2024. The bank offers an 8% interest rate on FDs with a maturity of 18 to 24 months. For senior citizens, the rate is 8.50%, which is 0.50% higher than for regular customers. Super senior citizens (80 years and above) get an additional 0.75%, earning an 8.75% interest rate for the same tenure.
| Period of Deposit | Domestic & Flexi FD Interest Rates p.a. | Senior Citizen Interest Rates p.a. |
| 7 days to 14 days | 3.50% | 4.00% |
| 15 days to 45 days | 4.00% | 4.50% |
| 46 days to 90 days | 4.50% | 5.00% |
| 91 days to 180 days | 4.75% | 5.25% |
| 181 days to 240 days | 5.50% | 6.00% |
| 241 days to 364 days | 6.05% | 6.55% |
| 365 days to 452 days (12 months to less than 15 months) | 7.50% | 8.00% |
| 453 days to 545 days (15 months to less than 18 months) | 7.80% | 8.30% |
| 546 days to 24 months (18 months to 24 months) | 8.00% | 8.50% |
| 24 months 1 day to 36 months | 7.50% | 8.00% |
| 36 months 1 day to 60 months 1 day | 7.10% | 7.60% |
| 60 months 2 days to 120 months | 7.00% | 7.50% |
ALSO READ | Senior Citizens Savings Scheme vs Bank FDs: Interest rates, tax benefits, and deposit limits compared
Capital Small Finance Bank
Capital Small Finance Bank has updated its fixed deposit interest rates for amounts below Rs 2 crore, with the new rates effective from May 6, 2024. General citizens can earn between 3.5% and 7.55%, while senior citizens get rates between 4% and 8.05%. The highest interest rate is available for a 400-day fixed deposit.
| Tenue | General citizens | Senior citizens |
| 15 Days to 30 Days | 3.50% | 4.00% |
| 31 Days to 45 Days | 3.50% | 4.00% |
| 46 Days to 89 Days | 4.00% | 4.50% |
| 90 Days to 179 Days | 4.75% | 5.25% |
| 180 Days to less than 1 Year | 5.50% | 6.00% |
| 1 Year to less than 5 Years | 7.15% | 7.65% |
| 5 Years and upto 10 Years | 7.10% | 7.60% |
| 12 Months | 7.50% | 8.00% |
| 400 Days | 7.55% | 8.05% |
| 600 Days | 7.40% | 7.90% |
| 900 Days | 7.30% | 7.80% |
City Union Bank
City Union Bank has updated its fixed deposit interest rates for deposits under Rs 2 crore. The new rates take effect on May 6, 2024. For general citizens, the interest rates range from 5% to 7.25%, while senior citizens can earn between 5% and 7.75%. The highest rates, 7.25% for general citizens and 7.75% for senior citizens, are available for fixed deposits with a tenure of 400 days.
| Period | Rate of Interest % p.a | |
| General | Senior Citizens | |
| 7 days to 14 days | 5.00% | 5.00% |
| 15 days to 45 days | 5.50% | 5.50% |
| 46 days to 90 days | 5.75% | 5.75% |
| 91 days to 180 days | 6.00% | 6.00% |
| 181 days to 270 days | 6.25% | 6.50% |
| 271 days to 364 days | 6.50% | 6.75% |
| 365 days to 399 days | 7.00% | 7.25% |
| 400 days | 7.25% | 7.75% |
| 401 days to 3 Years | 6.50% | 6.75% |
| Above 3 Years upto 10 Years | 6.25% | 6.50% |
| Tax Saver | 7.10% | 7.10% |
