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
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
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 |
