Small Finance Bank Fixed Deposit (FD) Interest Rates 2026

By Mayashree Acharya

|

Fixed Deposits (FDs) ranges over a period from 7 days to 10 years. Many investors compare small finance bank FD rates because they often offer higher interest rates than traditional banks while providing similar safety benefits.

Key Highlights

  • Superior Interest Yields: Interest rates generally range from 7.40% to 8.60% for regular depositors.
  • Senior Citizen Premium: Senior citizens can earn rates of up to 9.10%.
  • Identical Safety Protection: Deposits are insured by DICGC up to ₹5 lakh.
  • Flexible Investment Lock-Ins: FD tenures range from 7 days to 10 years.
  • Premature Breaking Penalties: Early withdrawal may attract a penalty of 0.50% to 1.00%.

Growing Popularity of Small Finance Banks (SFBs) in India

Small Finance Banks (SFBs) often offer higher FD interest rates than traditional banks to attract deposits. Currently, the rate can go up to 8.60% for regular investors and 9.10% for senior citizens. Deposits with SFBs are insured by the DICGC up to ₹5 lakh per depositor (including principal and interest), providing the same level of protection as other RBI-regulated banks. 

Small Finance Bank FD Rates 2026 

These are some FD rates of the most popular Small Finance Banks in India:

Small Finance BankPeak Rate (General)Peak Rate (Senior Citizens)1-Year Rate (General)3-Year Rate (General)
Suryoday SFB8.60%9.10%6.85%8.60%
Unity SFB7.80% (501 Days)8.30% (501 Days)7.50%6.75%
Ujjivan SFB7.55%8.05%7.25%7.25%
AU Small Finance Bank7.40%7.90%6.35%7.40%

*Rates are as of 2026. These rates can change over time. 

Comparison of Top 10 Small Finance Bank FD Interest Rates

Below, we have provided a comparison of fixed deposit interest rates for domestic FDs below Rs. 2 crore provided by different Small Finance Banks in the country.

i. Unity Small Finance Bank FD Rates

The following table shows the FD Rate of Unity SMall Finance Bank:

TenureRegular Citizen Rate (% p.a.)Senior Citizen Rate (% p.a.)
7 to 90 Days4.00% - 5.00%4.00% - 5.50%
91 Days to 6 Months5.00% - 5.50%5.50% - 6.00%
202 to 364 Days6.25%6.75%
1 Year (365 Days)7.50%8.00%
501 Days (Special Milestone)7.80%8.30%
502 Days to 3 Years6.75%7.25%
3 Years to 5 Years6.75%7.25%
5 Years to 10 Years6.00%6.50%

*Rates are subject to change over time

ii. Suryoday Small Finance Bank FD Rates

The following table shows the FD Rates of Suryoday Small Finance Bank:

Tenure RangeGeneral Citizen Rate (% p.a.)Senior Citizen Rate (% p.a.)
7 to 45 Days4.00% - 4.25%4.50% - 4.75%
46 to 90 Days4.50%5.00%
91 Days to 6 Months5.00%5.50%
Above 6 Months to < 1 Year5.50% - 6.00%6.00% - 6.50%
1 Year6.85%7.35%
Above 1 Year to 2 Years8.25% - 8.50%8.75% - 9.00%
Above 2 Years to 3 Years (Peak)8.60%9.10%
Above 3 Years to 5 Years6.75% - 8.25%7.25% - 8.75%
Above 5 Years to 10 Years7.25%7.75%

*Rates are subject to change over time

iii. Equitas Small Finance Bank FD Rates

The following tables shiows the FD Rate of Equitas Small Finance Bank:

Tenure RangeGeneral Citizen Rate (% p.a.)Senior Citizen Rate (% p.a.)
7 to 45 Days3.50% - 4.00%4.00% - 4.50%
46 to 180 Days4.75% - 5.25%5.25% - 5.75%
181 Days to 364 Days6.35%6.85%
1 Year to 18 Months7.10%7.60%
18 Months 1 Day to 2 Years7.00%7.50%
888 Days (Special Milestone)7.75%8.25%
3 Years 1 Day (Maxima FD - Peak)8.00%8.50%
Above 3 Years 1 Day to 5 Years7.00%7.50%
5 Years to 10 Years7.00%7.50%

iv. Jana Small Finance Bank FD Rates

The following interest structures apply to domestic, NRO, and NRE retail deposits:

Deposit TenureGeneral Citizen Rate (% p.a.)Senior Citizen Rate (% p.a.)
7 Days to 14 Days3.50%3.50%
15 Days to 60 Days4.25%4.25%
61 Days to 90 Days4.75%4.75%
91 Days to 120 Days5.00%5.00%
121 Days to 180 Days6.00%6.00%
181 Days to 270 Days6.50%7.00%
271 Days to 366 Days7.00%7.50%
367 Days to 2 Years7.30%7.80%
Above 2 Years to 3 Years7.50%8.00%
Above 3 Years to 5 Years (Peak Slabs)7.77%8.00%
Above 5 Years to 10 Years6.50%7.00%

*Rates are subject to change over time

v. Utkarsh Small Finance Bank FD Rates

The following table shows the FD Rates of Utkarsh Small Finance Bank:

Deposit TenureGeneral Citizen Rate (% p.a.)Senior Citizen Rate (% p.a.)
7 Days to 45 Days4.00%4.60%
46 Days to 90 Days4.75%5.35%
91 Days to 180 Days5.50%6.10%
181 Days to 364 Days6.50%7.10%
365 Days to 699 Days8.00%8.60%
700 Days to < 2 Years8.25%8.85%
2 Years (730 Days) to 3 Years8.50%9.10%
Above 3 Years to < 4 Years8.25%8.85%
4 Years to 1499 Days7.75%8.35%
1500 Days (Special Milestone)8.50%9.10%
1501 Days to 5 Years7.75%8.35%
Above 5 Years to 10 Years7.25%7.85%

*These rates are subject to change over time

vi. Ujjivan Small Finance Bank FD Rates

Ujjivan structures stable compounding windows hitting maximum numbers just past the 3-year threshold:

Tenure RangeRegular Citizens (% p.a.)Senior Citizens (% p.a.)
7 to 89 Days3.50% – 4.15%4.00% – 4.65%
90 to 179 Days4.65%5.15%
180 Days to < 1 Year5.50% – 6.00%6.50% – 7.00%
1 Year to < 2 Years7.25%7.75%
2 Years7.40%7.90%
3 Years 1 Day (Peak)7.55%8.05%
Up to 10 Years6.50%7.00%

*Rates are subject to change over time

vii. AU Small Finance Bank FD Rates

As one of India’s largest operational Small Finance Banks, AU Small Finance Bank combines large-scale operations with stable long-term FD investment options:

Tenure RangeRegular Citizens (% p.a.)Senior Citizens (% p.a.)
7 Days to 3 Months3.50% – 4.75%4.00% – 5.25%
3 Months 1 Day to 6 Months5.25%5.75%
6 Months 1 Day to 12 Months6.35%6.85%
12 Months 1 Day to 15 Months7.10%7.60%
15 Months 1 Day to 24 Months7.00%7.50%
30 Months 1 Day to 36 Months7.40%7.90%
5 Years to 10 Years6.75%7.25%

*Interest rates can change over time.

Final Word

All fixed deposits in scheduled Small Finance Banks are covered by the Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of the Reserve Bank of India. This provides protection of up to ₹5 lakh per depositor per bank, including both principal and interest.

Frequently Asked Questions

What is a small finance bank?
Which small finance bank gives the highest FD rates?
Which small finance bank gives 9% interest?
Which small finance bank gives 8.5% interest?
Are small finance banks safe for FD?
Clear Logo
Follow us on
FacebookTwitterLinkedInGitHubInstagram
Have a query?
Support
Company
About us
Contact us
Careers
Media & press
User reviews
Engineering blog
Clear Library
FinTech glossary
ClearTax Chronicles
Trust & Safety
Products
Calculators
Other Calculators
Retirement Planning Calculator
PPF Calculator
Gratuity Calculator
EPF Calculator
SWP Calculator
NPS Calculator
Guides & Blogs
Personal Finance Guides
Pan Card
Aadhaar Card
Ration Card
UPI
NEFT
IMPS
Market Trackers
IPO
Upcoming IPO List 2026
What is Grey Market Premium
Types of IPO
How to Check IPO Allotment Status