Categories: Banking

Ujjivan Small Finance Bank launched ‘Platina Fixed Deposit’ Scheme

Ujjivan Small Finance Bank (SFB) has launched ‘Platina Fixed Deposit’, offering interest of 15 basis points (bps) higher than the regular term deposit rates provided by Ujjivan SFB. The Platina FD is a non-callable deposit, where partial & premature withdrawal is not applicable. While the interest amount can be received on monthly, quarterly or at the end of the maturity period.

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About the Platina Fixed Deposit:

The general FD for 990 days tenure gives 6.75% interest for general citizens and 7.50% for senior citizens, while Platina FD offers 6.90% & 7.65% interest rates
FD limit: the minimum amount is Rs 20 lakh and the maximum amount is Rs 2 crores, with tenure ranging from 1 year to 5 years.

Important takeaways for all competitive exams:

Ujjivan Small Finance Bank Founded: 2017;
Ujjivan Small Finance Bank Headquarters: Bengaluru;
Ujjivan Small Finance Bank MD & CEO: Ittira Davis.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.