Earn Higher Interest Rates on Fixed Deposit with This Account

July 03, 2025

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The RBI’s Monetary Policy Committee cut the repo rate by 50 basis points to 5.50% in its June 2025 meeting, marking the second consecutive reduction within six weeks to support growth amid benign inflation. This shift to an “accommodative” stance follows a February cut spurred by a manufacturing slowdown, with policymakers aiming to bolster domestic demand as retail inflation hovers near target.

 

In response, many banks have trimmed deposit rates, eroding returns on standard savings and fixed deposits. However, savvy investors can still capitalize on differentiated products—such as Ujjivan’s Digital Fixed Deposit and Platina Fixed Deposit —to lock in rates that outpace most competitors.

 

Ujjivan’s Digital Fixed Deposit: High Yield, Full Flexibility

Ujjivan Small Finance Bank’s Digital Fixed Deposit stands out by offering up to 7.75%* p.a. (for FDs booked for 24 months, data as on 19 June 2025), with an additional 0.50% for senior citizens, taking it to 8.25% p.a. 

 

Key Features

  • Tenure & Rates: Tenures ranging from 7 days to 10 years, interest rates up to 7.75%* p.a.; other tenures up to 60 months at slightly. You can check the latest interest rates here.
  • Digital Onboarding: 100% paperless account opening process via Video KYC. Kindly make sure to keep your Aadhar and PAN details ready for KYC. Your Aadhar should be linked to your registered mobile number.
  • Liquidity: Premature withdrawals permitted (with standard penalties), combining liquidity with high yield.
  • No Need to Open a Savings Account: You can open a standalone Fixed Deposit. However, having a Savings Account with the same bank may help at the time of maturity. 

 

Platina FD: Premium Returns for Large Deposits

For investors with substantial capital, Ujjivan’s Platina Fixed Deposit offers 7.85%* p.a. interest rate (*T&C apply). Please note that it’s a non-callable FD, meaning you cannot withdraw or break your FD before the maturity date.

 

Key Features

  • Higher interest rates up to 7.85%* p.a. (*T&C apply)
  • Requires a minimum deposit of ₹1 crore and caps at ₹3 crore, catering to HNIs, corporate treasuries, and savvy individuals
  • NRIs or Non-Resident Indians are eligible to open this account
  • Tenure options range from 12 months to 60 months
  • Senior citizen interest rates are not applicable

Final Thoughts

While the RBI’s repo rate cuts have broadly nudged bank rates downward, targeted solutions like Ujjivan’s Digital Fixed Deposit and Platina FD allow you to maintain—and even improve—your interest earnings. Take advantage of these specialized offerings to ensure your portfolio continues to work hard for you.

 

Looking to grow your savings faster? Ujjivan SFB offers a wide range fixed deposit products. Select the FD of your choice and take a step forward to your financial goals. Alternatively, you can browse through Ujjivan SFB product suite - our wide range of financial products are designed to make your financial life better.

 

Disclaimer:

The contents herein are only for informational purposes and generic in nature. The content does not amount to an offer, invitation or solicitation of any kind to buy or sell, and are not intended to create any legal rights or obligations. This information is subject to updation, completion, amendment and verification without notice. The contents herein are also subject to other product-specific terms and conditions, as well as any applicable third-party terms and conditions, for which Ujjivan Small Finance Bank assumes no responsibility or liability.

 

Nothing contained herein is intended to constitute financial, investment, legal, tax, or any other professional advice or opinion. Please obtain professional advice before making investment or any other decisions. Any investment decisions that may be made by the you shall be at your own sole discretion, independent analysis and evaluation of the risks involved. The use of any information set out in this document is entirely at the user’s own risk.  Ujjivan Small Finance Bank Limited makes no representation or warranty, express or implied, as to the accuracy and completeness for any information herein. The Bank disclaims any and all liability for any loss or damage (direct, indirect, consequential, or otherwise) incurred by you due to use of or due to investment, product application decisions made by you on the basis of the contents herein. While the information is prepared in good faith from sources deemed reliable (including public sources), the Bank disclaims any liability with respect to accuracy of information or any error or omission or any loss or damage incurred by anyone in reliance on the contents herein, in any manner whatsoever.

 

To know more about Ujjivan Small Finance Bank Products Visit:"https://www.ujjivansfb.in"

 

All intellectual property rights, including copyrights, trademarks, and other proprietary rights, pertaining to the content and materials displayed herein, belong

to Ujjivan Small Finance Bank Limited or its licensors. Unauthorised use or misuse of any intellectual property, or other content displayed herein is strictly prohibited and the same is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would (by reason of that person’s nationality, residence or otherwise) be contrary to law or registration or would subject Ujjivan Small Finance Bank Limited or its affiliates to any licensing or registration requirements.

   

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FAQs

1. How do I open Ujjivan’s Digital Fixed Deposit?

Opening the Digital Fixed Deposit is entirely online. Simply visit Ujjivan SFB’s website, complete video KYC with PAN and Aadhar and your account is live—typically within minutes. Kindly ensure that your Aadhar is linked to your registered mobile number.

2. Are Ujjivan deposits insured?

Yes. Ujjivan SFB is regulated by the RBI and all eligible deposits—savings or FDs—are insured by the DICGC for up to ₹5 lakh per depositor per bank, covering both principal and accrued interest.

3. What does “non-callable FD” mean for Platina FD investors?

“Non-callable” means the bank cannot prepay or allow you to prematurely withdraw the deposit before maturity. This commitment lets Ujjivan sustain higher interest rates for the entire tenure.

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