Unity Bank elevates savings account interest rates and fixed deposit offerings

As of November 30, 2023, the revised savings account interest rates are as follows:

Account Balance Interest Rate (p.a.)
Up to Rs. 1 lakh 6.00%
Rs. 1 lakh - Rs. 5 crores 7.00%
Greater than Rs. 5 crores 7.75%
Interest on savings accounts is paid monthly.

For Fixed Deposits, Unity Bank offers 9.50% per annum to senior citizens and 9.00% per annum to general investors for a 1001-day tenure.

Unity Bank, classified as a Scheduled Commercial Bank, is promoted by Centrum Financial Services Ltd, with Resilient Innovations Pvt Ltd as a joint investor.  

Tenure General FD Rates (%) Senior Citizen FD Rates (%)

• 7 - 14 Days 4.50% 4.50%
• 15 - 45 Days 4.75% 4.75%
• 46 - 60 Days 5.25% 5.75%
• 61 - 90 Days 5.50% 6.00%
• 165 Days - 6 Months 5.75% 6.25% 
• > 6 Months - 201 Days 8.75% 9.25% 
• 202 - 364 Days 6.75% 7.25% 
• 1 Year 7.35% 7.85% 
• 1 Year 1 day 7.35% 7.85% 
• > 1Year 1 day - 500 days 7.35% 7.85% 
• 501 Days 8.75% 9.25% 
• 502 Days - 18 Months 7.35% 7.85% 
• > 18 Months - 700 Days 7.40% 7.90% 
• 701 Days 8.95% 9.45% 
• 702 Days - 1000 Days 7.40% 7.90% 
• 1001 Days 9.00% 9.50% 
• 1002 Days - 3 Year 7.65% 8.15% 
• > 3 Year - 5 Year 7.65% 8.15% 
• > 5 Year - 10 Year 7.00% 7.50%