Interest Rates for Fixed Deposits & Savings Accounts

*Disclaimer clause:

“Interest rates are subject to periodic changes and the applicable interest rates will be given based on the date and time of receipt of the funds by the Bank"

• Platina FD is a non-callable deposit product. Part closure and pre-closure facilities are not available. Auto-Renewal facility will also not be available for this scheme.

• Deposit amount should be above ₹1 crore to below ₹3 crores, Tenures ranges from 12 months to 60 months with Interest pay-out options like monthly, quarterly and at maturity

• Platina deposits are available for Non-individuals and for all individuals including NR customers. However, the senior citizen additional rate will not be applicable for Platina deposits

*Disclaimer clause:

“Interest rates are subject to periodic changes and the applicable interest rates will be given based on the date and time of receipt of the funds by the Bank"

*Disclaimer clause:

“Interest rates are subject to periodic changes and the applicable interest rates will be given based on the date and time of receipt of the funds by the Bank"

*Disclaimer clause:

“Interest rates are subject to periodic changes and the applicable interest rates will be given based on the date and time of receipt of the funds by the Bank"

Recurring deposits held in the name of Resident Senior citizen (as primary holder) are eligible for an additional interest rate of 0.50% over the interest rate

*Please Note:

No additional interest rates for senior citizen

1. Minimum Tenure for NRE Deposit is 1 year
2. In case of pre-closure within 1 year no interest shall be paid and no penalty would be levied
3. In case of part withdrawal within 1 year no interest shall be paid on the amount partially withdrawn and no penalty would be levied

Please write to customercare[at]ujjivan[dot]bank[dot]in to know more.

* Important Points: No Additional Interest Rate for Senior Citizens

* Calculation Methodology applicable for Savings Accounts:

1. Interest is calculated on day-end balances maintained in the savings account and paid out on a monthly basis
2. The higher interest rate will be applied and paid only basis the balances maintained as per slabs.

Ex: If a customer maintains ₹ 3,20,000/- in the savings account, 2.50% interest will be earned for ₹ 3,00,000/- and 3.00% interest will be earned for the remaining ₹ 20,000/-