Seeking Reviews on Unity Small Finance Bank for Fixed Deposits

[Maitri_Maniya]

I'm considering opening a Fixed Deposit FD with Unity Small Finance Bank and wanted to get some insights if anyone has experience with this bank, particularly with their FD schemes.

 

[financewizard]

If your objective is only FD, most of the banks - including Unity offer - Digital FD opening & you need not go to bank for any of their services. Considering that this is Small Finance Bank - ensure that the final amount on maturity is less than 5L (there is Govt insurance for all deposits up to 5L & you need not worry about your money - even if the bank gets shut down.

You really need not to this much research on "experience with the bank" if your target is only for FDs.

Please mark this as the solution, if this answers your question.

 

[wiseinvestor]

You can open Unity SFB fd online using Wint Wealth app. (I have not tried)

They don't have any online presence as of now. (They have an app on play store but not able to register and login from last 1 year)

Family member has a savings account and +5L total in FDs.

Visited branch first time only, then executive come every time to renew fd and giving fd receipt.

FD rates are best in the market.

 

[HEHE]

Cant transfer from sarkari bank to Unity.
Pvt bank to Unity worked.
Online FD via app failed. Did it work for anybody ?
Visiting branch for offline FD is a pain for all the banks, in general.