This SFB reviews the interest rates on FD, RD and Caisse d’Épargne deposits

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North East Small Finance Bank FD Rates

North East SFB grants an interest rate of 3.00% on term deposits maturing in 7 to 45 days from April 1, 2022. The bank currently grants an interest rate of 3.50% on term deposits maturing in 46 to 90 days. The bank will pay an interest rate of 4.00% on deposits maturing between 91 and 180 days. Term deposits maturing between 181 and 365 days will now earn 5.00% interest. Fixed deposits maturing in 366 days to 1095 days will now earn 6.75% interest. Fixed deposits maturing in 1096 – 1110 days and 1111 days will now earn 6.50% and 7% interest respectively. Term deposits of less than Rs 2 crore maturing in 1112 – 1825 days and 1826 – 3650 days will now yield 6.50% and 6.25% respectively at the North East Small Finance Bank.

Mandate Regular interest rates in % pa Senior
7 – 14 days 3 3.5
15 – 29 days 3 3.5
30 – 45 days 3 3.5
46 – 90 days 3.5 4
91 – 180 days 4 4.5
181 – 365 days 5 5.5
366 – 729 days 6.75 7.5
730 – 1095 days 6.75 7.5
1096 – 1110 days 6.5 7.25
1111 days 7 7.75
1112 – 1825 days 6.5 7.25
1826 – 3650 days 6.25 7
Source: Bank website
North East Small Finance Bank RD Rates

North East Small Finance Bank RD Rates

Following a review on 1 April 2022, the bank is currently granting an interest rate of 4.25 on recurring deposits of less than Rs 2 Cr maturing in 3 months. The bank will now grant an interest rate of 4.50 on recurring deposits maturing in 6 months. Recurring deposits maturing between 9 months and 1 year will now earn 5.50% interest. The bank grants a maximum interest rate of 7.50% on recurring deposits due in two years. The North East Small Finance Bank currently charges an interest rate of 7.00% on recurring deposits due in 3-4 years. The bank promises an interest rate of 6.50% on recurring deposits with maturities of 5 years and over 5 years up to 10 years.

Mandate Regular interest rates in % pa Senior
3 months 4.25 4.75
6 months 4.5 5
9 months 5.5 6
1 year 5.5 6
2 years 7.5 8
3 years 7 7.5
Four years 7 7.5
5 years 6.5 7
More than 5 years up to 10 years 6.5 7
Source: Bank website
North East Small Finance Bank Savings Account Interest Rates

North East Small Finance Bank Savings Account Interest Rates

The bank is currently giving the interest rates listed below on savings bank accounts effective April 1, 2022.

Balance slabs Interest rate pa in %
Rs 0 – up to 4.99 lacs 4
5 lakes – up to 25 lakes 5
25 lakes – up to 10 crores 5.5
More than 10 Crores to 25 Crores 5.75
More than 25 Crores and above 6
Source: Bank website
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