What is the maximum interest rate Suryoday Small Finance Bank offers on savings accounts?

Suryoday Small Finance Bank offers a maximum interest rate of up to 7.60% per annum on its savings accounts.

Which types of savings accounts are covered by the revised rates at Suryoday SFB?

The revised interest rates at Suryoday Small Finance Bank apply to domestic, NRE, and NRO savings accounts.

Home / Business and Economy / Suryoday SFB Hikes Savings Rates Up to 7.60%

Suryoday SFB Hikes Savings Rates Up to 7.60%

Q: Are deposits at Suryoday Small Finance Bank insured?

Yes, deposits at Suryoday Small Finance Bank are covered under the Deposit Insurance and Credit Guarantee Corporation (DICGC) scheme up to the applicable limit.

4 May

•

Summary

Savings account interest rates have been revised by Suryoday Small Finance Bank.
Highest interest rate offered is up to 7.60% per annum.
Revised rates apply to domestic, NRE, and NRO accounts.

Suryoday SFB Hikes Savings Rates Up to 7.60%

Suryoday Small Finance Bank has implemented updated interest rates for its savings accounts, effective immediately. This revision covers domestic, Non-Resident External (NRE), and Non-Resident Ordinary (NRO) accounts. The new structure offers varying rates based on the daily closing balance.

Customers can now achieve an interest rate of up to 7.60% per annum on their savings. These enhanced rates are tiered, meaning higher account balances will earn progressively more interest. The bank assures customers that their deposits are protected under the Deposit Insurance and Credit Guarantee Corporation (DICGC) scheme, up to the specified coverage limits.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.