Utkarsh Small Finance Bank FD Rates

                          

                          Utkarsh Small Finance Bank FD Rates

                                      ( INTEREST RATES ON DOMESTIC TERM DEPOSITS )

Tenure	Interest Rate p.a General Customers	Interest Rate p.a Senior Citizens
7 Days to 15 days	3.50%	4.00%
16 Days to 28 Days	3.50%	4.00%
29 Days to 45 Days	4.00%	4.50%
46 Days to 90 Days	4.50%	5.00%
91 Days to 120 Days	5.00%	5.50%
121 Days to 179 Days	5.50%	6.00%
180 Days to 210 Days	6.00%	6.50%
211 Days to 270 Days	7.00%	7.50%
271 Days to less than 1 Year	7.50%	8.00%
1 Year to 455 Days	8.50%	9.00%
456 Days to less than 2 Years	9.00%	9.50%
2 Years to less than 3 Years	7.85%	8.35%
3 Years to less than 5 Years	7.00%	7.50%
5 years	8.00%	8.50%
5 Years to 10 Years	7.00%	7.50%

Fee and charges 

Particulars	Charges
Minimum Investment Amount	1,000
Maximum Investment Amount	No Maximum Limit
Minimum Tenure	7 Days
Maximum Tenure	10 Years
Penalty on Premture Withdrawal	1% (Not Applicable for closure within 7 days)
Penalty for Non Payment of Installment	Not Applicable

Benifits

1. Earn higher returns on your surplus
2. Enjoy additional returns for senior citizen
3. Facility of quarterly and monthly pay-outs
4. Fast and hassle-free process that can be accessed from anywhere.
5. Appoint a nominee online.                

Eligible for a Fixed Deposit Account if you belong to any one of the following categories.

1. Individual Resident of India
2. Hindu Undivided Families
3. Sole Proprietorship Firms
4. Partnership Firms
5. Limited Companies
6. Trust Accounts                               

        Documents requried.

The following are the documents you would need in order to open a Fixed Deposit Account at Utkarsh Small Finance Bank. If you don’t have the mentioned documents, visit your nearest Utkarsh Small Finance Bank Branch.

Individuals:

1. One latest passport size photograph.
2. Aadhaar Card
3. Address and Identity proof documents ( Voter’s ID/ PAN Card/ Passport/ Driving Licence)

Public or Private Limited Companies:

1. Certificate of Incorporation
2. Memorandum and Articles of Association
3. Board Resolution authorising the opening and operations of the account
4. PAN or General Index Registrar (GIR) number or completed Form 60
5. List of Directors with residential addresses
6. PAN Card and Aadhaar Card of authorised signatories
7. Firm’s Address Proof if not mentioned in Certificate of Incorporation.
8. GST Certificate

Partnership Firms:

1. Partnership Deed and Registration Certificate, PAN Card of Partnership Firm.
2. Shop and Establishment Certificate or GST Certificate
3. Letter from partners approving the persons concerned to open and operate the account
4. Aadhaar Card and PAN Card of Authorised Signatories.
5. PAN Card of the Firm or Form 60.

Limited Liability Partnership Firms:

1. Certificate of Registration issued by registrar of Limited Liability Partnership
2. PAN Card of LLP
3. Aadhaar Card and PAN Card of authorised signatories
4. Communication Address proof of Limited Liability Partnership Firm

Proprietorship Concerns:

1. Certificate from a State Government or Statutory Body or Trade Licence or Sales Tax Certificate or Shop and Establishment Certificate or GST Certificate
2. Letter of proprietorship, duly signed by the proprietor in her or his individual capacity (with a rubber stamp)
3. Aadhaar Card and PAN Card of proprietor(s) or authorized signatory(s)

Hindu Undivided Family (HUF):

1. Letter of HUF duly signed by Karta and all Co-Parceners
2. PAN or GIR number or completed Form 60
3. Names of Karta and Co-Parceners with residential address
4. Aadhaar Card of all authorised signatories
5. Earn higher returns on your surplus
6. Enjoy additional returns for senior citizen
7. Facility of quarterly and monthly pay-outs
8. Fast and hassle-free process that can be accessed from anywhere.
9. Appoint a nominee online.