Jana Small Finance Bank has revised its interest rates on fixed deposits of less than Rs 2 crore. The interest rate is offered between 3% to 8.50% for tenures ranging from 7 days to 10 years.
The interest rate varies from 3% to 8.41% for normal individuals, and from 3.60% to 9.01% for senior citizens for tenures starting from 7 days to a maximum of 84 months.
Senior citizens now have exposure to their best-fixed deposit booking opportunity thanks to the hike in the repo rate, which has climbed by a total of 250 basis points to 6.50 per cent so far.