Seeking Reviews on North East Small Finance Bank Fixed Deposits

[Maitri_Maniya]

I'm considering investing in a fixed deposit with North East Small Finance Bank and would appreciate any insights or reviews from those with experience with their services.How is the customer service

 

[Chhota Bheem]

Never heard of it, website also not loading 🤔

 

[akshayhs]

This bank is scheduled to marge (merge) with Quadrillion Finance isn't it?

 

[Chhota Bheem]

This bank is scheduled to marge with Quadrillion Finance isn't it?

Lol, then OP has to safeguard his money instead of looking for high interest rates.

 

[DanielDsouza]

Is it safe to book FD in North East SFB? Has anyone done it?

 

[iscoopicecreams]

You can open in any SFB provided the amount of investment is upto 5L as the same is covered by RBI whenever any financial institution fails

 

[Paradjanov]

Is it safe to book FD in North East SFB? Has anyone done it?

I have. Absolutely safe. [And insured under DICGC, in any case.]

Though I stay in the East and Northeast, so there are many NESFB branches here. Outside of these areas, they hardly have any branches, and their Net-orientation is certainly NOT their strong point.

However, as regards safety, it is as safe as any out there.

 

[xlabd]

I have. Absolutely safe. [And insured under DICGC, in any case.]

Though I stay in the East and Northeast, so there are many NESFB branches here. Outside of these areas, they hardly have any branches, and their Net-orientation is certainly NOT their strong point.

However, as regards safety, it is as safe as any out there.

Hey, is the interest compounded quarterly or annually?

 

[Raavan]

Hey, is the interest compounded quarterly or annually?

FD interest is compounding quarterly for nesfb FDs when you choose payout at maturity.