Jana Small Finance Bank Savings Account Rates
On savings account balances upto Rs. 1 lakh, the bank will offer an interest rate of 3.50% and on savings account balances of more than Rs. 1 lakh to Rs. 50 Crores, Jana SFB is offering an interest rate of 7.00%. Jana SFB is offering an interest rate of 6.50% on savings account balance of more than Rs. 50 Crores. The savings account's day-end balances are employed to calculate interest. On a quarterly basis, interest is paid or credited to savings accounts. Jana Small Finance Bank has mentioned on its website that “If a customer maintains Rs.150,000/- in the savings account, 3.50% interest will be earned for Rs.100,000/- and 7.00% interest will be earned for the remaining Rs.50,000/-."
Jana Small Finance Bank FD Rates
The bank is giving an interest rate of 2.50% on deposits that mature in the next seven to fourteen days, and a rate of 3.00% on deposits that mature in the next fifteen to sixty days. On FDs maturing in 61 to 90 days, Jana Small Finance Bank is giving an interest rate of 5.25%, and on those maturing in 91 to 180 days, it is offering an interest rate of 5.50%. The bank is giving an interest rate of 7% on deposits maturing in 181 days to one year (365 days), and a rate of 7.50% on deposits maturing in one year to two years. Deposits maturing in the next two to three years will earn interest at a rate of 7.55%, while those maturing in the next three to five years will earn interest at a rate of 7.35%. The interest rate offered by Jana Small Finance Bank is 7.25% for FDs maturing in 5 Years[1825 Days] and 6.00% for those maturing in 5 Years—10 Years.