Unity Small Finance Bank has revised the interest rate slabs on its savings accounts. The revised savings account interest rates are effective from November 30, 2023
The bank has also introduced new FD schemes with higher interest rates for limited period. The new rates will be effective from September 1, 2023, according to the bank s official website.
A nominee is a person that an account holder designates to claim the money in the savings account after the original owner of the account dies. Without a nominee, the process of transferring the funds in the absence of the accountholder is lengthy and cumbersome. How to check if you have added a nominee or how to add a nominee
The bank offers savings account interest rates ranging from 3.50% to 7%. After the revision, the bank offers interest rare between 3.25% to 7.75% on fixed deposits.