Unity Small Finance Bank (Unity SFB) is a digital-first bank in India founded by Centrum Financial Services and BharatPe. It was granted a license by the Reserve Bank of India (RBI). Unity Small Finance Bank (Unity SFB) offers attractive fixed deposit (FD) schemes with competitive interest rates. This article outlines Unity Small Finance Bank’s FD rates, key features, and answers of frequently asked questions.
Unity Small Finance Bank FD Rates 2025
As of April 2025, Unity SFB offers FD rates ranging from 4.50% to 9.00% p.a. for general customers and 4.50% to 9.50% p.a. for senior citizens, depending on the tenure (7 days to 10 years). Below are the key rates for select tenures:
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1001 Days (Special Tenure):
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General: 9.00% p.a.
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Senior Citizens: 9.50% p.a.
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181–201 Days & 501 Days:
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General: 8.75% p.a.
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Senior Citizens: 9.25% p.a.
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46–60 Days: 5.75% p.a. (general), 6.25% p.a. (senior citizens)
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7–14 Days: 4.50% p.a. (both categories)
Note: Rates are subject to change. Verify the latest rates on Unity Small Finance Bank’s website before investing.
Key Features of Unity SFB FDs
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Low Minimum Deposit: Start with just ₹1,000; no upper limit (custom rates for deposits above ₹3 crore).
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Flexible Tenures: Choose from 7 days to 10 years to suit short- or long-term goals.
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Senior Citizen Benefits: Additional 0.50% p.a. for investors aged 60+.
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Payout Options: Interest payouts available monthly, quarterly, or at maturity.
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DICGC Insurance: Deposits up to ₹5 lakh per depositor are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC).
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Overdraft Facility: Avail up to 85% of FD value as a loan without breaking the deposit.
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Premature Withdrawal: Allowed with a 1% penalty on the applicable or contracted rate, whichever is lower.
Why Invest in Unity SFB FDs?
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High Returns: Rates up to 9.50% p.a. outperform many bank FDs (6.00%–7.75% p.a.).
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Safety: Regulated by RBI with DICGC coverage for added security.
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Convenience: Open FDs online or at branches with minimal documentation.
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Tax-Saving Option: 5-year FDs qualify for tax deductions up to ₹1.5 lakh under Section 80C.
How to Open a Unity SFB FD
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Online: Visit Unity SFB’s website, fill in details, complete KYC, and transfer funds via UPI/Net Banking.
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Offline: Visit a branch, fill out the FD form, submit KYC documents (PAN, Aadhaar, etc.), and deposit via cheque/cash.
FAQs
Q: What is the highest FD rate offered by Unity Small Finance Bank in 2025?
A: The highest rate is 9.00% p.a. for general customers and 9.50% p.a. for senior citizens on a 1001-day tenure.
Q: What is the minimum deposit amount for an FD?
A: You can start an FD with as little as ₹1,000. There’s no upper limit, though deposits above ₹3 crore may have custom rates.
Q: Is Unity SFB safe for FD investments?
A: Yes, Unity SFB is RBI-regulated, and deposits up to ₹5 lakh are insured by DICGC, ensuring safety.
Q: Can I withdraw my FD before maturity?
A: Yes, premature withdrawal is allowed with a 1% penalty on the applicable or contracted rate, whichever is lower.
Q: Are FD interest earnings taxable?
A: Yes, interest is taxed as “Income from Other Sources” per your tax slab. TDS applies if interest exceeds ₹40,000 (₹50,000 for seniors) annually. Submit Form 15G/H to avoid TDS if eligible.
Q: Do I need a Unity SFB account to open an FD?
A: Yes, you must be a customer to open an FD, but you can open a savings account and FD simultaneously.
Unity Small Finance Bank FD Rates
Visit for more information : https://theunitybank.com/personal-banking/deposits/fixed-deposit
Also visit : https://postofficefd.com/bajaj-finance-fixed-deposit-rates-2025/