Suryoday Small Finance Bank FD/RD rate at 9.1% for 5 year period

[roadrunner]

Did not see anyone call this out, so here goes.
Suryoday Small Finance Bank is currently offering 9.1% Annual Interest on fixed deposit and recurring deposit (for 5 year period).
0.5 additional for senior citizens (60+).

Suryoday Small Finance Bank : Digital & Personal Banking Partner

Suryoday Small Finance Bank provides you with easy and affordable banking services with our wide range of banking products and services like Savings Accounts, Loans, Debit Cards, Insurance, Investments, and more to fulfil all your banking needs.

www.suryodaybank.com

I logged interest on their website, recieved call same day from call center. They took my request, and within 30 minutes got a call from the branch near my residence.
Someone came home and completed all account opening formalities.

This is very good for someone who is not interested in mutual funds.

This is a scheduled bank (https://m.rbi.org.in/scripts/bs_viewcontent.aspx?Id=3657)

 

[shashank08]

Did not see anyone call this out, so here goes.
Suryoday Small Finance Bank is currently offering 9.1% Annual Interest on fixed deposit and recurring deposit (for 5 year period).
0.5 additional for senior citizens (60+).

Suryoday Small Finance Bank : Digital & Personal Banking Partner

Suryoday Small Finance Bank provides you with easy and affordable banking services with our wide range of banking products and services like Savings Accounts, Loans, Debit Cards, Insurance, Investments, and more to fulfil all your banking needs.

www.suryodaybank.com

I logged interest on their website, recieved call same day from call center. They took my request, and within 30 minutes got a call from the branch near my residence.
Someone came home and completed all account opening formalities.

This is very good for someone who is not interested in mutual funds.

This is a scheduled bank (https://m.rbi.org.in/scripts/bs_viewcontent.aspx?Id=3657)

This is another one.. Unity SFB...
9% on FD and 6-7% on savings account..

I skipped them because of unavailability of online process.
Currently SFBs are good for FD but one caution.. one shouldn't go beyond 5 lacs as TRV in these banks..