The interest rate on the fixed deposit (FD) offered by Fincare Small Finance Bank has increased. This action is intended to provide customers with a boost to their savings account. The new Fincare Small Finance Bank FD rates are effective as of February 13, 2023.

Customers of Fincare FD can now earn up to 8.11 percent on their savings thanks to the new rates, while seniors can now earn up to 8.71 percent with a minimum deposit of 5000.

Ashish Misra, Chief Operating Officer For Retail Banking said, "We are dedicated to providing our customers with top-notch financial services that fulfil their long-term savings and investing needs." One of the many ways we are aiming to give them the superior banking requirements and customer experience they deserve is by increasing our Fixed Deposit rates," the company said.

Fincare Small Finance Bank offers a sizable network of physical locations and online resources to meet the demands of its clients and increase banking availability.

How to make an FD reservation with Fincare Small Finance Bank:  To take advantage of the higher FD rates, customers can go to a Fincare Small Finance Bank branch, go into internet banking, or use a mobile app.
With the higher FD rates, Fincare Small Finance Bank upholds its dedication to giving customers access to the best financial services and customer-focused solutions.

A range of products are available from Fincare Small Finance Bank, including current and savings accounts, loans secured by gold and real estate, as well as competitive interest rates on fixed and ongoing deposits.

As of the end of March 2022, the bank employed 12,000 people and served 32+ Lakh customers in 19 States and UT.

Fincare Small Finance Bank has been recognised as a scheduled bank by the RBI, which makes its depositors eligible for deposit insurance provided by the Depositor Insurance and Credit Guarantee Corporation (DICGC). 

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