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In the festive season, where inflation is hitting everywhere, a bank has brought a ‘gift’ of happiness for its customers, especially for those who want to keep their hard-earned money safe and earn good interest on it.
Suryoday Small Finance Bank has increased the interest rates on both its Fixed Deposit (FD) and Savings Account, so that now you will get more profits on your savings than before.
So how much has the benefit on your FD increased now?
new interest rates October 8, 2025 Has come into effect from. Bank now on FD 4% to 8.05% It is giving excellent interest up to Rs.
- Biggest ‘explosion’ on 5 year FD: If you want to make safe investment for long term, then banks offer 5 year FD. 8.05% It is offering tremendous interest rate, which is much higher than big banks.
Know how much interest you will get according to the tenure:
- On 1 year FD: 7.40%
- On FD of 1 to 3 years: 7.25%
- On 5 year FD: 8.05% (highest)
- On FD of 5 years to 10 years: 7.25%
For the elderly, it is ‘icing on the cake’!
The bank has taken special care of its senior citizen customers. them at above normal rates 0.15% to 0.20% Additional interest will be available till Rs.
- This means, now senior citizens can avail 5 year FD. 8.10% You can earn excellent interest up to Rs. This is an excellent source of secure and stable income for them in old age.
You will also get FD like interest on money kept in savings account!
Not only this, the bank has also increased the interest rates on the money kept in its savings account. If in your savings account:
- If your income is between ₹10 lakh to ₹5 crore, then you 7.50% You will get interest of Rs.
- If it is more than ₹ 5 crore, then you 7.75% You can get interest up to Rs. 500, which is more than the FD of many banks!
Is it safe to keep money in small banks?
There is no need to be afraid after hearing the name ‘Small Finance Bank’. According to RBI rules, in every bank your Deposits up to ₹5 lakh are fully insured it occurs.
So, if you also want to get the best returns on your savings, then these new rates from Suryoday Small Finance Bank can be a great opportunity for you.
North India Statesman