What is the highest Unity Small Finance FD rate for senior citizens?

The highest Unity Small Finance Senior Citizen FD rate is 7.75% p.a. on deposit for the tenure of 12 Months.

Is Unity Small Finance FD Safe for Senior Citizens?

Unity Small Finance fixed deposits are safe as deposits up to ₹5 lakh per depositor per bank are covered under DICGC insurance.

Can senior citizens get a monthly income from a Unity Small Finance FD?

Yes, Unity Small Finance offers non-cumulative fixed deposits where interest can be paid monthly, quarterly, half-yearly, or annually.

What is the minimum amount required to open a Unity Small Finance Senior Citizen FD?

The minimum amount required to open a Unity Small Finance Senior Citizen Fixed Deposit is ₹1,000.

Is interest earned on Unity Small Finance Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on Unity Small Finance Senior Citizen Fixed Deposits is taxable as per the applicable income tax slab. Banks may deduct TDS if annual FD interest exceeds the prescribed threshold limit.

Unity Small Finance Bank Senior Citizen Fixed Deposit Rates

Name: Unity Small Finance Bank Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.7 (7457 reviews)

Unity Small Finance Bank offers attractive FD rates for senior citizens ranging from 4.00% to 7.75% p.a. across tenures of 7 days to 10 years. Continue reading for the latest Unity Small Finance Bank Senior Citizen FD rates and special FD schemes for senior citizens.

Unity Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.75%
FD Tenure Range	7 to 10 Years
Minimum FD Amount	Rs. 1000/-
Premature Withdrawal Facility	Available with a penalty of 0.5% to 1%
Loan Against FD	Up to 90% of the fixed deposit amount.

Unity Small Finance Bank Senior Citizen FD Rates (Less Than ₹3 Crore)

The table below provides a detailed breakdown of Unity Small Finance Bank Senior Citizen FD rates for fixed deposits below ₹3 crore across different tenure options

Tenure	Senior Citizen FD Rates (per annum)
7 Days to 14 Days	4.00%
14 Days to 45 Days	4.00%
46 Days to 60 Days	5.25%
61 to 90 Days	5.50%
91 Days to 164 Days	5.50%
165 Days to 6 Months	6.00%
6 Months to 201 Days	6.75%
202 Days - 364 Days	6.75%
12 Months	7.75%
12 Months to 1 Day	7.00%
>12 Months 1 Day - 500 Days	7.00%
501 Days	7.25%
502 Days - 18 Months	7.25%
> 18 Months - 700 Days	7.25%
701 Days	7.25%
702 Days – 998 Days	7.25%
999 Days to 34 Months	7.25%
>34 Months - 36 Months	7.25%
>36 Months - 60 Months	7.25%
>60 Months- 120 Months	6.50%

Use the Unity Small Finance Bank FD Calculator below to estimate the maturity amount and interest earned on your Unity Small Finance Bank fixed deposit based on your investment amount, tenure, and applicable FD rate.

Compare Unity Small Finance Bank Senior Citizen FD Interest Rates with Other Banks

Several banks currently offer higher interest rates than Unity Small Finance Bank for specific tenures. The table below compares Unity Small Finance Bank senior citizen Fixed Deposit rates with other banks' FD rates.

Bank	Highest Rate
Unity Small Finance Bank	7.75% (12 Months)
Shivalik Small Finance Bank	8.50% (23 to 27 Months)
Suryoday Small Finance Bank	8.25% (30 Months)
Utkarsh Small Finance Bank	8.25% (666 Days)
Jana Small Finance Bank	8.00% (2 to 3 Years)
Mahindra Finance	7.80% (48 to 60 Months)
Yes Bank	7.75% 18 < 24 months and 36 to < 60 months)
Indusind Bank	7.75% (2 to 3 Years)
Shriram Finance Bank	7.75% (36 to 60 Months)
Bajaj Finance	7.75% (31 to 60 Months)
RBL Bank	7.70% (18 to 36 months)
Sundaram Finance	7.50% (24 to 60 Months)
Bank of India	7.60% (3 years)
ICICI Housing Finance	7.10% (45 Months)
Kotak Mahindra Bank	7.30% (2 to 3 Years)
Canara Bank	7.10% (555 Days)
ICICI Bank	7.10% (3 to 5 Years)
SBI	7.05% (5 to 10 Years)
HDFC Bank	7.00% (3 to 4 Years)
Bank of Baroda	7.25% (555 Days)

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