5 Small Financial Bank Interest Rates That Are Better Than Commercial Banks

1. Ujjivan Small Financial Bank

Below are the interest rates for the national accounts (wff March 6, 2021.) as well as the non-resident accounts.

QuantityInterest rate (pa)
Up to 1 Lkah4.00%
> 1 lakh to 25 lakh7.00%
> 25 lakh to 10 lakh6.00%
> 10 crores6.75%
2. Jana Small Finance Bank

2. Jana Small Finance Bank

Prices are in effect from 10/11/2021 (subject to change from time to time)

Savings account balance“Interest rate
Per year “
> 0 and up to 1 lakh3.00%
More than 1 lakh and up to 10 lakhs6.00%
Over 10 Lakhs and up to 50 Crores6.50%
Over Rs. 50 crores6.50%

To note:-

1. Interest will be calculated daily for each commodity.

2. On July 1, October 1, January 1 and April 1 of each year, interest is paid / credited to savings accounts on a quarterly basis.

3. Small Equitas Corporate Bank

3. Small Equitas Corporate Bank

Interest rate on the savings account of November 15, 2021

Daily closing balanceInterest rate
Up to Rs 1 Lakh3.50%
Above Rs 1 Lakh and up to Rs 5 lakh6.00%
Above Rs 5 lakh and up to Rs 50 lakh7.00%
Above Rs 50 Lakh5.50%
4. AU's small financing bank

4. AU’s small financing bank

Interest rates applicable on savings bank deposits on October 5, 2021

Savings account incremental amount slab ** “Applicable interest rate (per year)
Balances below INR 1 Lac3.50%
Sales from INR 1 Lac to less than INR 10 Lacs5.00%
Balances from INR 10 Lakes to less than INR 25 Lakes6.00%
Balances from INR 25 Lakes to less than INR 1 Crore7.00%
Balances from INR 1 Crore to less than INR 10 Crore6.00%

To note:-

  1. Please note that interest on savings accounts will be calculated daily and paid monthly (i.e. at the end of each month).
  2. The interest rates shown apply to additional balances that exist and correspond to the stated tile amount.
  3. Please contact your branch or relationship manager for savings account interest rates on additional amounts of INR 10 crore and above.
  4. Interest rates on savings accounts are subject to change at any time without notice.
5. Fincare Small Finance Bank

5. Fincare Small Finance Bank

The interest will be applicable on July 1, 2021

Savings account slabInterest rate (% PA)
Up to and including 1 Lakh4.50%
Above 1 Lkah and including 5 lakh6.00%
Above 5 lakh and including 5 lakh7.00%
Above 1 Crore and including 2 Crore6.00%
Above 2 Crore and including 5 Crore5.75%
Above 5 Crore and including 15 Crore4.50%
Above 15 Crore and including 20 Crore4.00%
Above 20 Crore and including 30 Crore3.25%
Above 30 Crore and including 50 Crore3.00%
Above 50 Crore


To note: – Interest will be applicable for the incremental balances that are present corresponding to the amount of slab mentioned

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