Jana Small Finance Bank (SFB) has revised the interest rates on savings accounts and fixed deposits with effect from December 1, 2022, according to the bank’s official website.

Jana Small Finance Bank savings account interest

Jana Small Finance Bank’s savings account day-end balances are applied to calculate interest. Interest is credited or paid into savings accounts on a quarterly basis.

The bank will pay interest at a rate of 3.50% on savings account balances under Rs. 1 lakh, and Jana SFB will pay interest at a rate of 7.00% on balances between Rs. 1 lakh and Rs. 50 crores. If you have a savings account balance of more than Rs. 50 crores, Jana SFB will pay you interest at a rate of 6.50%.

According to the website, “If a customer maintains Rs.150,000/- in the savings account, 3.50% interest will be earned for Rs.100,000/- and 7.00% interest will be earned for the remaining Rs.50,000/-.”

Jana Small Finance Bank FD interest rates

On deposits that mature in seven to 14 days, the bank will pay interest at a rate of 2.50%, and on deposits that mature in the following fifteen to sixty days, it will pay interest at a rate of 3.00%. Jana Small Finance Bank offers an interest rate of 5.50% on FDs maturing in 91 to 180 days and an interest rate of 5.25% on those maturing in 61 to 90 days.

On deposits that mature in 181 days to one year, the bank offers a 7% interest rate, and on deposits that mature in one year to two years, it offers a 7.50% interest rate. Deposits that mature in the two to three years will receive interest at a rate of 7.55%, while those that mature in the following three to five years will receive interest at a rate of 7.35%.

Jana Small Finance Bank offers an interest rate of 7.25% for fixed-rate deposits that mature in 5 Years and 6.00% for those that mature in 5 Years—10 Years.

Senior citizens

The bank offers interest rates between 3.45% to 8.50% for tenure ranging from 7 days to 10 years. Senior citizens will earn the best interest rate of 8.50% on terms of 2 years to 3 years.