The latest Unity Small Finance Bank FD Rates started from 4.00% per annum to 6.75% per annum for the general citizens and 4.00% to 7.25% per annum for the senior citizens. Customers can choose from a range of FD tenures ranging from 7 days to 10 years, and at competitive FD interest rates as compared to other banks in the market.
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 OptionsÂ
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 HighlightsÂ
Minimum FD Limit
Rs 1,000Â
Maximum FD LimitÂ
2 CroresÂ
Range of FD Tenures
Between 7 days and 10 years
Premature Withdrawal
A penalty of 1% on the FD rateÂ
Special FD Rate of Interest for Senior Citizens
0.50% higherÂ
Overdraft Facility
Allowed
Auto-Renewal of FD
Permitted
FD Interest Payout Options
Monthly, Quarterly, or at the End of the Tenure
Unity Small Finance Bank FD Rates: UpdatesÂ
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
Tenure
Regular Rates
Current Rates
Senior Citizen
7 Days to 14 Days
4.00%
4.00%
15 Days to 2 Months
4.00%
4.00%
2 Months to 2 Months
4.75%
5.25%
2 Months to 3 Months
5.00%
5.50%
3 Months to 5 Months
5.00%
5.50%
6 Months to 6 Months
5.50%
6.00%
6 Months to 7 Months
6.25%
6.75%
7 Months to 12 Months
6.25%
6.75%
1 Year
7.25%
7.75%
1 Year
6.50%
7.00%
1 Year to 1.4 Years
6.50%
7.00%
1.4 Years
6.75%
7.25%
1.4 Years to 1.5 Years
6.75%
7.25%
1.5 Years to 1.9 Years
6.75%
7.25%
1.9 Years
6.75%
7.25%
1.9 Years to 2.7 Years
6.75%
7.25%
2.7 Years to 2.8 Years
6.75%
7.25%
2.8 Years to 3 Years
6.75%
7.25%
3 Years to 5 Years
6.75%
7.25%
5 Years
6.75%
7.25%
10 Years
6.00%
6.50%
Fixed Deposit Tenure
General Citizen FD Rate
Senior Citizens FD rates
7 - 14 Days
4.25%
4.75%
15 - 45 Days
4.50%
5.00%
46 - 60 Days
4.75%
5.25%
61 - 90 Days
5.00%
5.50%
91 - 164 Days
5.50%
6.00%
165 Days - 6 Months
5.00%
5.50%
> 6 Months - 201 Days
6.00%
6.50%
202 - 364 Days
6.00%
6.50%
1 Year
6.00%
6.50%
1 Year 1 day
6.00%
6.50%
> 1Year 1 day - 500 days
6.00%
6.50%
501 Days
6.00%
6.50%
502 Days - 18 Months
6.00%
6.50%
> 18 Months - 700 Days
6.00%
6.50%
701 Days
6.00%
6.50%
702 Days - 1000 Days
6.00%
6.50%
1001 Days
6.00%
6.50%
1002 Days - 3 Years
6.00%
6.50%
> 3 Year - 5 Year
6.00%
6.50%
> 5 Year - 10 Year
6.00%
6.50%
* 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:
Standard Fixed DepositÂ
 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 yearsÂ
Flexible Tenures: Options ranging from short-term to long-term.
Overdraft Facility: AvailableÂ
Tax Saving Fixed DepositÂ
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 deductionÂ
Assured Returns: Fixed returns on your investment for the five-year lock-in
Amount Deposit - Up to 1.5 per annumÂ
Regular Income Fixed DepositÂ
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 choiceÂ
Tenure - 7 days to 10 yearsÂ
Senior Citizens - An Additional 0.5% higher than usualÂ
Overdraft Facility - Yes, availableÂ
Senior Citizen Fixed DepositÂ
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.Â
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.Â
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.Â
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.
 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,Â
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.
 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 BankÂ
Resident Individual
Hindu Undivided Families
Sole Proprietorship Firms
Trust Accounts
Limited Companies
In Brief
Unity Small Finance Bank offers high fixed deposit rates up to 7.50% for general citizens and 8.00% for senior citizens. The minimum deposit amount starts from Rs. 1000 and goes up to 2 crores with overdraft and auto-renewal facility available. FD rates are subject to change and depend on various factors. The returns from the FD interest rates can provide a stable investment option for you as compared to traditional savings accounts. You should always consider your financial goals and risk appetite before investing in FDs.
Yes, Unity SFB is regulated by the Reserve Bank of India (RBI). As a licensed small finance bank, Unity Small Finance Bank is required to comply with the prudential norms, maintain adequate capital reserves, and follow customer protection regulations as issued by the RBI.
What are the latest interest rates for Unity Small Finance Bank?
The latest Unity Small Finance Bank FD Rates started from 4.00% per annum to 6.75% per annum for the general citizens and 4.00% to 7.25% per annum for the senior citizens.
What is the minimum and maximum tenure for Unity Small Finance Bank FD?
The minimum tenure is 7 days, and the maximum is 10 years.
Does Unity Small Finance Bank FD have an Overdraft facility?
Yes, Unity Small Finance Bank has the overdraft facility for its fixed deposits.Â
What are the benefits for Senior Citizens under Unity Small Finance Bank FD?
0.5% additional interest rates are given for the senior citizens under Unity Small Finance Bank FD
Explore More Under Unity Small Finance Bank Fixed Deposits
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in * The Guaranteed Returns are dependent on the policy term and premium term availed, along with the other variable factors. The 6.9% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and premium term of 10 years with a Rs . 20,000 monthly instalment premium. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year, and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
** The Life Cover amount varies as per plan specifications. Please read the policy document for details.
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
#Discount offered by insurance company
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Interest Earned
Maturity Amount
