Is this FD insured by the RBI?

Yes, this FD is insured up to ₹5L by the RBI. In any unfortunate instance, if the bank faces closure, the RBI ensures coverage for the invested amount plus interest, up to ₹5L, whichever is lower.

What happens when the FD tenure is over?

For cumulative plans (where you get all the interest at maturity): When the tenure is over, you'll get the invested amount plus the total interest. For non-cumulative plans (where you get interest at a certain frequency, such as monthly): When the tenure is over, you'll get the invested amount plus the last interest payment. Note: The payout usually takes 2 working days and gets credited to the bank account you used while creating the FD.

Utkarsh Small Finance Bank

Small Finance

RBI insured for ₹5L

Best returns

8.50% (2Y )

Risk

High

Min. investment

₹1,000

Interest rates

Tenure	Interest*	You receive**

*Conditions apply
**Final amount post TDS deduction. Additional taxes may apply. How is it calculated?

Quick review

Highest interest rates

Insurance of ₹5L

Tax saver

Special women rates

Loan against FD

Senior citizen rates

About

Utkarsh Small Finance Bank Limited (USBL) is a small finance bank based in Varanasi, Uttar Pradesh, and is registered with the Reserve Bank of India. USBL offers a wide range

Lock-in

7 days

Early withdrawal penalty

1% lower than interest rate.Learn More

RBI insurance

₹5L

FAQs

Invest