If you are planning to invest your money in a fixed deposit, there is an important update for you.
Suryoday Small Finance Bank (SSFB) has revised its FD interest rates for deposits below ₹3 crore.
The new rates came into effect from August 15, 2026 and apply to fixed deposits with tenures ranging from 7 days to 10 years.
Regular customers can earn up to 8.25% per year, while senior citizens can get a maximum interest rate of 8.50% per year on selected tenures.
Which FD Offers the Highest Interest?
For regular customers, the highest interest rate of 8.25% is available on a 5-year fixed deposit. The annualised yield on this FD is 8.51%.
Senior citizens get an even higher rate on the same tenure. A 5-year FD offers them 8.50% interest, with an annualised yield of 8.77%.
The bank’s rates vary depending on the length of the deposit.
For regular customers:
7 to 14 days: 4%
6 months and 1 day: 6.50%
1 year: 7.25%
18 months: 7.80%
30 months: 8.10%
5 years: 8.25%
These rates are applicable to domestic fixed deposits below ₹3 crore.
Senior Citizens Get Extra Interest
Senior citizens can earn a higher rate than regular customers on several FD tenures.
Under the revised rates:
6 months and 1 day: 6.65%
1 year: 7.40%
18 months: 7.95%
30 months: 8.25%
5 years: 8.50%
For example, a 5-year FD gives regular customers 8.25%, while senior citizens receive 8.50%.
Similarly, the interest rate on an 18-month FD is 7.80% for regular customers and 7.95% for senior citizens.
FD Options From 7 Days to 10 Years
One of the key features of Suryoday Small Finance Bank’s FD scheme is the wide range of available tenures.
Customers can choose deposits starting from 7 days and going up to 10 years.
This allows investors to select a tenure based on their financial goals and when they may need access to their money.
Short-term FDs can be useful for those who want to keep their money invested for a shorter period, while longer tenures may suit customers looking for more stable long-term returns.
The revised rates apply to domestic deposits below ₹3 crore.
The bank has separate interest rates for eligible NRE and NRO deposits.
Before investing, customers should check the latest applicable rates, terms and premature withdrawal conditions directly with the bank.
