Unity Small Finance Bank FD Rates

Top Guaranteed Return Plans 

Fixed Deposits (FDs) are very common in terms of low-risk, fixed-income investments. They are safe and provide a stable interest rate, but the interest rate might be low. Conversely, Guaranteed Return Plans are an insurance cover on insurance with possible higher returns in the long run. Such plans are perfect for individuals who want to enjoy both wealth creation and protection. FDs have been a good choice when matters most are simplicity, safety, and flexible tenure.

What is Unity Small Finance Bank FD?

The Tax Saver Fixed Deposit offers deductions under Section 80C of the Income Tax Act, 1961, and is available to Indian resident individuals and HUFs. It requires a lump-sum investment, with interest payable monthly, quarterly, or at maturity.

Comparing FDs with Other Options 

Fixed Deposits (FDs) have a low risk and offer guaranteed returns, thus they are suitable for conservative investors. The returns are, however, not as high as other alternatives such as mutual funds or other retirement plans. Although FDs are flexible and safe, other alternatives can have better long-term growth.

Key Highlights 

Unity Small Finance Bank FD Rates: Updates 

Unity Small Finance Bank provides a fixed deposit at an 8.25% interest rate on a fixed deposit tenure of 1001 days.

FD Rate Interests of Unity Small Finance Bank

Here are some of the key FD rates of interest offered by Unity Small Finance Bank:

* Unity Small Finance Bank FD Rates w.e.f Aug 19, 2025

CALLABLE BULK DEPOSIT RATES Above 3 crore, below 5 Crore 

* Unity Small Finance Bank FD Rates w.e.f Aug 19, 2025

Types of Unity Small Finance Bank FDs

Unity Small Finance Bank offers the following types of Fixed Deposits:

1. Standard Fixed Deposit 

    A standard fixed deposit is a lump-sum investment where you deposit money for a set period, from 7 days to 10 years. The interest rate is fixed for the entire tenure, providing stable and predictable returns. This FD is a reliable choice for those with a surplus amount who are seeking steady, low-risk returns.

   • Tenure - 7 days to 10 years 
   • Flexible Tenures: Options ranging from short-term to long-term.
   • Overdraft Facility: Available 

2. Tax Saving Fixed Deposit 

   This fixed deposit provides a dual benefit: it allows you to earn interest on your savings while also offering tax deductions. The principal amount deposited, up to ₹1.5 lakh per financial year, is eligible for a deduction under Section 80C of the Income Tax Act.

   • Tax Savings: You can save on your taxes by claiming a deduction 
   • Assured Returns: Fixed returns on your investment for the five-year lock-in
   • Amount Deposit - Up to 1.5 per annum 

3. Regular Income Fixed Deposit 

   This type of FD is designed for investors who need a consistent income stream. Instead of receiving a lump sum at maturity, you get periodic interest payouts, either monthly or quarterly, directly credited to your account. This is particularly useful for retirees or anyone looking for a supplementary income source.

   • Customizable Payouts: You can choose from your choice 
   • Tenure - 7 days to 10 years 
   • Senior Citizens - An Additional 0.5% higher than usual 
   • Overdraft Facility - Yes, available 

4. Senior Citizen Fixed Deposit 

   Unity Small Finance Bank offers special fixed deposits for individuals aged 60 and above. These FDs provide an additional interest rate of 0.50% p.a. on top of the regular rates, helping senior citizens maximize their earnings and secure their post-retirement years.

   • Higher Interest Rates: Senior citizens get a significant additional interest rate
   • Financial Security: Enhanced returns provide a stronger financial cushion
   • DICGC Insurance: up to ₹5 lakh by the DICGC

Features of Unity Small Finance Bank Fixed Deposits

The bank offers safe and risk-free investment options with assured returns and no market volatility on the maturity amount. 

• Minimum and Maximum Investment Unity Small Finance Bank offers a low entry point for investors, with a minimum investment of just ₹1,000. There is no upper limit on the maximum investment amount, providing the flexibility to invest as much as you wish. 
• Scheme Tenure The bank offers a wide range of tenures for its fixed deposits, from a short-term period of just 7 days up to a long-term duration of 10 years. This flexibility allows you to align your investment with your specific financial goals, whether they are short-term or long-term.
• Senior Citizen Benefits: To provide financial security for senior citizens (aged 60 and above), Unity Small Finance Bank offers an additional interest rate of 0.50% p.a. on their fixed deposits. 
• Interest Payouts: You have the flexibility to choose how you want to receive your interest. Unity Small Finance Bank offers multiple payout options: you can receive interest on a monthly or quarterly basis, or you can opt for a cumulative deposit where the interest is paid out in a lump sum at the time of maturity.
• Overdraft Facility: In case of a financial emergency, you can avail of an overdraft facility against your fixed deposit. This allows you to borrow a portion of your FD amount without prematurely breaking the deposit, enabling you to access funds quickly while your investment continues to earn interest.
• Tax Savings - The scheme has a deposit for tax-saving FDs capped at ₹1.5 lakh.

How to Open a Unity Small Finance Bank

A Unity Small Finance Bank fixed deposit is a secure and flexible investment choice for individuals looking to grow their savings with competitive interest rates. You can make a one-time deposit for a fixed tenure and earn guaranteed returns.

1.  Online FD Account Opening

   As a digital-first bank, Unity Small Finance Bank offers a seamless online process for opening an FD account. This is the quickest and most convenient method, especially for existing customers.

   • Log in to Digital Banking: Log in to your Unity Small Finance Bank internet banking account or mobile app.
   • Navigate to Fixed Deposit: Go to the "Deposits" or "Fixed Deposit" section and select the option to "Open FD."
   • Enter Details: Choose your account, enter the principal amount, and select the tenure and interest payout.
   • Confirm and Submit: Review details, 
   • Accept Terms and Conditions: Accept the terms and conditions. And Submit
   • Receive FD Receipt: A Term Deposit Receipt will be generated and sent to your email address.

2.  Offline FD Account Opening

   For those who prefer a traditional, in-person process, you can open a fixed deposit by visiting a Unity Small Finance Bank branch.

   • Visit a Branch: Go to your nearest Unity Small Finance Bank branch with the necessary KYC documents.
   • Fill out the Form: Request a Fixed Deposit application form and fill in your details.
   • Submit Documents: Attach copies of your KYC documents and submit the completed form to a bank executive.
   • Fund the Deposit: Deposit the FD amount through a cheque, a Demand Draft, or by transferring funds from your existing account.
   • Get the FD Receipt: After verification, the bank will issue a physical Fixed Deposit Receipt as confirmation of your investment.

Eligibility for Small Finance Bank 

• Resident Individual
• Hindu Undivided Families
• Sole Proprietorship Firms
• Trust Accounts
• Limited Companies

In Brief

Unity Small Finance Bank offers high fixed deposit rates for special tenures. The returns from the FD interest rates can provide a stable investment option for you as compared to traditional savings accounts. However, it is important to note that FD rates are subject to change and depend on various factors. You should always consider your financial goals and risk appetite before investing in FDs.