Others 

Jana Small Finance Bank FD Rates 2024: Schemes, Eligibility, Calculator

453 Views

Jana Small Finance Bank offers FD interest rates of 3.00-8.50% p.a. to the general public and 3.50-9.00% p.a. to senior citizens on tenures ranging from 7 days to 10 years. The interest rate on Jana Small Finance Bank Tax Saving FDs is 7.25% p.a. for the general public and 7.75% p.a. for senior citizen depositors for tenures of 5 years. Jana Small Finance Bank has been recognised as a scheduled bank by the RBI, which makes its depositors eligible for deposit insurance provided by the Depositor Insurance and Credit Guarantee Corporation (DICGC).

Jana Small Finance Bank FD Interest Rates (p.a.) Highlights
Highest slab rate 8.50% (for Above 2 years to 3 years)
For 1 year 8.00%
For 2 years 8.25%
For 3 years 8.50%
For 4 years 7.25%
For 5 years 7.25%
Tax-Saving FD 7.25%

The interest rates are updated as of 9 December 2024

Jana Small Finance Bank FD Interest Rates

Tenure Interest Rates (% p.a.)
Regular Citizens Senior Citizens
7 − 14 days 3.00 3.50
15 − 60 days 4.25 4.75
61 – 90 days 5.00 5.50
91 – 180 days 6.50 7.00
181 – 364 days 7.75 8.25
1 year (365 days) 8.00 8.50
Above 1 year to 2 years 8.25 8.75
Above 2 years – 3 years 8.50 9.00
Above 3 years – less than 5 years 7.25 7.75
5 years (1825 days) 7.25 7.75
Above 5 years – 10 years 6.50 7.00

Types of Jana Bank FD Schemes

Regular Fixed Deposit

Jana Small Finance Bank’s Regular Fixed Deposit ensures that your earnings grow steadily and effortlessly. Its key features like attractive interest rates and multiple interest payout options make it the ideal investment for your hard-earned money. For detailed FAQs on DICGC Insurance, Click here – https://www.dicgc.org.in/FD_FAQs.html

Key Benefits

FEATURES BENEFITS
Attractive Interest Rates
  • Get best-in-class Interest Rates
  • Earn more attractive interest rates than Savings Account
Low Deposit Amounts
  • Start depositing with an amount as low as INR 1,000
Mobile Banking App
  • Transact conveniently through our Mobile Banking App
Cumulative and Non-Cumulative
(Monthly / Quarterly / Half-Yearly / Yearly Payout Options)
  • Freedom to choose the Interest pay-out option

FD Plus

Let your savings grow with our Fixed Deposit account. We understand that investment needs vary and that is precisely why we bring you a wide variety of tenures that range from 7 days to 10 years. In lieu of no premature withdrawal of the deposit, the customers can enjoy additional rate of interest* in comparison to Regular Fixed Deposits.

Key Benefits

FEATURES BENEFITS
Attractive Interest Rates
  • Earn higher interest Rate over and above the Regular Fixed Deposit Rate
Premature Withdrawal
  • Not Applicable
Flexible Tenure
  • The tenure period of fixed deposits range between 7 days to 10 years
Minimum Amount
  • INR 15,00,001

Recurring Deposit

Invest fixed sum of amount on monthly basis in Recurring Deposit and get attractive interest rates.

Recurring Deposit allows customers with an opportunity to build up their wealth securely through regular monthly deposit of fixed sum over a period of time.

Key Benefits

FEATURES BENEFITS
Attractive Interest Rates  
Flexible Tenor Options

  • Minimum Tenor
  • Maximum Tenor
  • 6 Months
  • 10 Years
Minimum Amount As low as ₹ 100
Deposit Multiples As low as ₹ 100
Ease of Booking Open RD on click of a button using internet or mobile banking.

Deposit of 2 crore & above

Deposit of 2 crore & above is designed especially for HNIs, Corporates, SSO, and Government Institutions, to park their surplus funds and enjoy attractive returns on their high-value deposits. This special category has a minimum deposit value of INR 2 crore.

Key Benefits

FEATURES BENEFITS
Attractive Interest Rates  
Minimum Deposit Value
  • INR 2 crore
Minimum Tenure
  • 7 days

For interest rates on deposit of INR 2 Crore & above, please contact the nearest branch of Jana Small Finance Bank.

Eligibility Criteria

  • Both new and existing customers of Jana Small Finance Bank can open a Fixed Deposit.
  • Following are the types of customers who can open a Fixed Deposit Account: Individuals, Minors, Proprietorship, HUF (Hindu Undivided Family), Registered and Unregistered Body, Cooperative Society, Trusts, Partnerships, NGO and Private Limited.

Tax Saver Fixed Deposit

Save on your taxes by investing in Jana Bank’s Tax Saver Fixed Deposit. You can avail tax deduction upto ₹1,50,000 under Section 80C of Income Tax Act, 1961

Key Benefits

FEATURES BENEFITS
Attractive Interest Rates
Deposit Amount
  • Minimum Amount – ₹100
  • Maximum Amount – ₹1,50,000
  • Maximum amount is for respective Financial Year only
Type of Deposit
  • Cumulative
Tenure
  • 5 Years(1825 Days)–
    (No premature withdrawal allowed)

Terms and Conditions:

1. As per the Term deposit scheme, 2006, issued by the Government of India, the above Fixed Deposit scheme will not have the following facilities:

2. Premature withdrawal, Loan/Overdraft against Fixed Deposit and Auto-renewal facility.

3. Only Primary holder of the deposit can avail the deduction from income under section 80C of the Income Tax Act, 1961

4. All other terms and conditions of Regular Fixed Deposit will be applicable

Eligibility Criteria

  • Both new and existing customers of Jana Small Finance Bank can open a Fixed Deposit account.
  • Following are the types of customers who can open fixed deposit accounts: Individuals and HUF (Hindu Undivided Family)

aaaaa

Related Posts: