AU Small Finance Bank has revised interest rates on fixed deposits and savings accounts. As per the AU Small Finance Bank website, the revised FD and savings account interest rates are effective from December 12, 2022.

AU Small Finance Bank FD interest rates

Following the revision, the bank is now providing FD rates between 3.75% and 7.20% for terms ranging from 7 days to 10 years.

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The bank offers a rate of 3.75% on deposits that mature in 7 days to one month and fifteen days, and AU SFB offers a rate of 4.25% on deposits that mature in one month 16 days to 3 months. AU Small Finance Bank offers a rate of 5.00% for FDs maturing in 3 months, 1 day to 6 months, and a rate of 6.10% for FDs maturing in 6 months, 1 day to 12 months. An interest of 7.35% will be paid on deposits maturing between 12 months, one day to 15 months and 7.20% interest will be paid on deposits maturing between 15 months 1 day to 24 months. On deposits maturing in 24 months, 1 day to 75 months, the bank is offering an interest rate of 7.20% on deposits maturing in 45 months, 1 day to 120 months.

AU Small Finance Bank savings account interest rates

AU Small Finance Bank offers interest rates between 3.50% and 7.25% on different savings accounts. The bank is providing an interest rate of 3.50% on savings account balances under Rs 1 lakh, and AU SFB is promising an interest rate of 5.00% on balances between Rs 1 lakh and less than Rs 10 lakh. For savings account balances between Rs 10 lakh to Rs 25 lakh, AU SFB is offering an interest rate of 6.00%, and the bank is offering an interest rate of 7.00% for balances between Rs 25 lakh to less than Rs 1 Crore. AU Small Finance Bank is providing an interest rate of 7.25% on savings account balances between Rs 1 crore and less than Rs 10 crores. Savings account interest will be calculated daily and paid monthly.

According to the AU Small Finance Bank website, “For example: If the total balance is INR 5 Crores, then the following grid will be applicable:

• For balances of INR 1 to INR 99,999 : 3.50%
• For incremental balances of INR 1 Lac to INR 9,99,999 : 5.00%
• For incremental balances of INR 10 Lacs to INR 24,99,999 : 6.00%
• For incremental balances of INR 25 Lacs to INR 1 Crore : 7.00%
• For incremental balances of INR 1 Crore to INR 2 Crores : 7.25%
• For incremental balances of INR 2 Crore to INR 5 Crores : 7.25%.”