70% Taxpayers Miss
Saving Taxes!
Saving Taxes!
Plan now to save more taxes!
Enter details to receive communications from ClearTax
+91
Utkarsh Small Finance Bank Fixed Deposit (FD) Interest Rates 2025
Investing your savings in a fixed deposit with Utkarsh Small Finance Bank can help you achieve long-term capital growth with their competitive interest rates and extensive investment tenures. As a valued customer, you can enjoy FD interest rates ranging from 4.00% to 8.50% p.a. if you are a general public depositor, and 4.60% to 9.10% p.a. if you are a senior citizen depositor, with tenures ranging from 7 days to 10 years. Moreover, for a tenure of 5 years, you can enjoy an impressive interest rate of 7.50% p.a. for the general public and 8.10% p.a. for senior citizen depositors with Utkarsh Small Finance Bank Tax Saving FDs.
Highlights for 2025 Fixed Deposit Scheme of Utkarsh Small Finance Bank
Tenure | 7 days to 10 years |
Senior Citizen Interest Rates | 4.25% to 9.10% |
Public Interest Rates | 3.75% to 8.50% |
Highest Interest Rates for Public | 8.50% p.a. |
Highest Interest Rates for Senior Citizens | 9.10% p.a. |
Premature Withdrawal | 1% Penalty |
Minimum Deposit Amount | Rs 1000 |
2025 FD Rates of Utkarsh Small Finance Bank
The Utkarsh Small Finance Bank FD rates for 2025 are displayed in the table below.
FD Tenure | Interest Rates (per annum) |
| 7 days to 45 days | 4.00 % |
| 46 days to 90 days | 4.75 % |
| 91 days to 180 days | 5.50 % |
| 181 days to 364 days | 6.50 % |
| 365 days to 699 days | 8.00 % |
| 700 days to less than 2 years | 8.25 % |
| 2 years up to 3 years | 8.50 % |
| Above 3 years to less than 4 years | 8.25 % |
| 4 years up to 5 years | 7.50 % |
| Above 5 years up to 10 years | 7.00 % |
* The interest rates as of 27 February 2024
2025 FD Rates For Senior Citizens of Utkarsh Small Finance Bank
Take a look at the Utkarsh Small Finance FD rates for senior citizens in the table given below.
FD Tenure | Interest Rates (per annum) |
| 7 days to 45 days | 4.60% |
| 46 days to 90 days | 5.35% |
| 91 days to 180 days | 6.10% |
| 181 days to 364 days | 7.10% |
| 365 days to 699 days | 8.60% |
| 700 days to less than 2 years | 8.85% |
| 2 years up to 3 years | 9.10% |
| Above 3 years to less than 4 years | 8.85% |
| 4 years up to 5 years | 8.10% |
| Above 5 years up to 10 years | 7.60% |
* The interest rates as of 27 February 2024
Types of Utkarsh Small Finance Fixed Deposit Schemes
Utkarsh Small Finance Bank offers various fixed deposit schemes to fulfil your financial requirements. The types of fixed deposits provided by the bank are mentioned below.
1. Regular Fixed Deposit
- Interest Rates:
- General depositors: 4.00%–8.50% p.a.
- Senior citizens: 4.60%–9.10% p.a.
- Minimum Deposit: ₹1,000 (no upper limit).
- Interest Payout: Monthly, quarterly, or at maturity.
2. Fixed Deposit Plus
- For deposits between ₹1 crore and ₹2 crore.
- Interest Rates:
- General depositors: 4.00%–7.00% p.a.
- Senior citizens: 4.60%–7.60% p.a.
- Open to individuals, sole proprietors, partnerships, companies, and trusts.
- Payout Options: Monthly, quarterly, or at maturity.
3. Tax Saver Fixed Deposit
- Tax benefits under Section 80C of the Income Tax Act.
- Deposit Range: ₹1,000 to ₹1.5 lakh.
- Lock-in Period: 5 years (no premature withdrawal or loans).
- Nomination facility available.
Lowest and Highest FD Interest Rate in Utkarsh Bank
The lowest and highest Utkarsh Bank FD rates are as follows.
- Lowest FD rates: 4.00% p.a. for general citizens and 4.60% p.a. for senior citizens.
- Highest FD rates: 8.50% for general citizens and 9.10% for senior citizens.
Utkarsh Small Finance Bank FD Premature Withdrawal
Utkarsh Small Finance Bank allows premature withdrawal of your fixed deposit only after 7 days of account opening. However, you have to pay the premature withdrawal penalty which is 1% of your withdrawal amount.
Tax on Utkarsh Small Finance Bank FD Interest Income
When redeeming your Fixed Deposit (FD) upon maturity, Utkarsh Small Finance Bank applies TDS (Tax Deducted at Source) to your interest income based on these criteria:
TDS Applicability:
- General citizens: TDS is charged if interest exceeds ₹40,000.
- Senior citizens: TDS is charged if interest exceeds ₹50,000.
TDS Rates:
- 10% if PAN details are submitted.
- 20% if PAN details are not submitted.
Tax Benefits:
- Tax Saver FD offers deductions of up to ₹1.5 lakh under Section 80C of the Income Tax Act.
Final Words
To summarise, I have provided you with all the necessary information regarding Utkarsh Small Finance Bank's FD rates to help you start a fixed deposit with them. Before opening an FD account, it is crucial to determine a timeline for your financial goal and the amount of corpus required to achieve it. Remember that FDs are long-term investments, so invest a surplus amount that is separate from your emergency funds.
Related Articles
- South Indian Bank FD Interest Rates 2025
- AU Small Finance Bank FD Interest Rates 2025
- ESAF Small Finance Bank FD Interest Rates 2025
- Jana Small Finance Bank FD Interest Rates 2025
- Ujjivan Small Finance Bank FD Interest Rates 2025
- Utkarsh Small Finance Bank FD Interest Rates 2025
- Small Finance Bank FD Interest Rates 2025
- Equitas Small Finance Bank FD Interest Rates 2025
- Suryoday Small Finance Bank FD Interest Rates 2025
- Unity Small Finance Bank FD Interest Rates 2025
Can't get yourself started on taxes?
Get a Cleartax expert to handle all your tax filing start-to-finish
Frequently Asked Questions
Help and support
Loading Chat ...
BROWSE BY TOPICS
POPULAR ARTICLES
Products
Individuals
ClearServices
Resources & Guides
GST Resources
ITR Resources
Mutual Fund Resources
Tools
TRENDING MUTUAL FUNDS
ICICI Prudential Technology Fund Direct Plan Growth
Tata Digital India Fund Direct Growth
Axis Bluechip Fund Growth
ICICI Prudential Technology Fund Growth
Aditya Birla Sun Life Tax Relief 96 Growth
Aditya Birla Sun Life Digital India Fund Direct Plan Growth
Quant Tax Plan Growth Option Direct Plan
SBI Technology Opportunities Fund Direct Growth
Axis Long Term Equity Fund Growth
TOP AMCS
STOCK MARKETS
Clear offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India.
Efiling Income Tax Returns(ITR) is made easy with Clear platform. Just upload your form 16, claim your deductions and get your acknowledgment number online. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing.
CAs, experts and businesses can get GST ready with Clear GST software & certification course. Our GST Software helps CAs, tax experts & business to manage returns & invoices in an easy manner. Our Goods & Services Tax course includes tutorial videos, guides and expert assistance to help you in mastering Goods and Services Tax. Clear can also help you in getting your business registered for Goods & Services Tax Law.
Save taxes with Clear by investing in tax saving mutual funds (ELSS) online. Our experts suggest the best funds and you can get high returns by investing directly or through SIP. Download Black by ClearTax App to file returns from your mobile phone.
Cleartax is a product by Defmacro Software Pvt. Ltd.
Company PolicyTerms of use
ISO 27001
Data Center
SSL Certified Site
128-bit encryption