Suryoday Small Finance Bank FD Interest Rates

Suryoday Small Finance Bank's latest FD interest rates range between 4.00% and 8.40% per year for regular customers (as of July 10, 2025). Senior citizens get slightly higher rates, from 4.40% to 8.40% per year. You can choose a deposit period between 7 days and 10 years. 

If you want to save on taxes, the bank also offers tax-saving FDs with a 5-year lock-in period. This comes with an interest rate of 8.40% per year, and the same rate applies to both regular and senior citizen depositors. 

Serving more than 33 lakh customers, the bank has become highly popular among fixed-income investors. It offers one of the highest interest rates, at 8.40% per annum, in the small finance banking segment. 

Want to earn high returns on your FD and enjoy ₹5 lakh safety cover? Let us examine the Suryoday Bank FD interest rates in 2025 for various schemes.

Suryoday Small Finance Bank Latest FD Interest Rates in 2025

Suryoday Small Finance Bank offers different interest rates for fixed deposits based on the investment period. This interest can be received at regular intervals (monthly, quarterly, or annually) or upon maturity. 

For more clarity, check out the table below showing the Suryoday Small Finance Bank’s latest FD interest rates for 2025:

Note: These rates are effective from July 7, 2025, and apply to FDs below ₹3 crore.

Please note that senior citizens get 0.40% extra on the general Suryoday FD interest rates for most tenures. For those unaware, "annualised yield" shows the effective return when interest is compounded yearly and paid at maturity. 

Don’t let your savings sit idle! Invest in Suryoday Small Finance Bank FDs and enjoy attractive interest rates up to 8.40% p.a. Start your FD online in minutes! 

Suryoday FD Interest Rates – Tax Saver Fixed Deposit

Suryoday Small Finance Bank offers a tax-saver fixed deposit with a lock-in period of 5 years. The FD amount can be claimed as a tax deduction under Section 80C of the Income Tax Act, 1961. The maximum deduction you can claim is up to ₹1.5 lakh per financial year (under the old regime). 

For this scheme, both regular depositors and senior citizens receive the same interest rate. Check out the details below: 

Note: These rates are effective from July 7, 2025.

Some Important Points:

• The lock-in period is 5 years, and no premature withdrawal is allowed.
• Interest is taxable as per the depositor’s income slab.
• Interest can be paid monthly, quarterly, or at maturity, based on the option selected.
• This FD is available only to individuals and Hindu Undivided Families (HUFs). It is not available for NRIs.

Suryoday FD Interest Rates – NRE Fixed Deposit Rates

Suryoday Small Finance Bank offers NRE (Non-Resident External) fixed deposits for Non-Resident Indians (NRIs). These deposits are held in Indian rupees and can be fully repatriated (principal and interest). The interest earned is tax-free in India. The minimum tenure for NRE FDs is 1 year, as shorter tenures are not allowed.

For more clarity, check out the latest interest rates for NRE Fixed Deposits:

Note: These rates are effective from July 7, 2025, and apply to FDs below ₹3 Crore.

Suryoday FD Interest Rates – NRO Fixed Deposit (FD) Rates

Suryoday also offers NRO (Non-Resident Ordinary) fixed deposits. These accounts are used to manage income earned in India, such as rent, pension, and dividends. Interest earned on NRO FDs is taxable in India as per applicable laws.

Let’s check out the latest interest rates for NRO Fixed Deposits:

Note: These rates are effective from July 7, 2025, and apply to FDs below ₹3 Crore.

Penal Charges Applicable on Premature Withdrawal

If you close your FD before the chosen maturity date, the bank will pay interest at a lower rate. Also, a penalty will be levied. Let’s understand how it works:

• The bank will first check two interest rates:
• The rate for the original tenure you selected when you opened the FD

and

• The rate for the actual time your money stayed in the FD

• The lower of these two rates will be used.
• Then, the bank will deduct 1% as a penalty from that rate.
  
  

So, you will receive interest at the final rate after applying the above two steps. Please note that if you have a tax-saver FD, you cannot withdraw the money before 5 years. Premature withdrawal is not allowed in such deposits.

Why Settle For Average Returns? Grow Your Money Fast With GoldenPi in 2025!

The Suryoday FD interest rates are highly competitive and go up to 8.40% per annum. The bank provides regular FDs, tax-saver FDs, and NRE/NRO FDs with flexible tenures and competitive returns. Senior citizens also get higher interest rates on most schemes.

Worried about safety? Suryoday Small Finance Bank is recognised by the Reserve Bank of India (RBI) as a scheduled bank. This makes the bank eligible for deposit insurance from DICGC (Deposit Insurance and Credit Guarantee Corporation). For those unaware, DICGC protects deposits of up to ₹5 lakh per depositor, per bank.

So, want to grow your money at an interest rate as high as 8.40% p.a.? Open a Suryoday Small Finance Bank FD online today! Click here to get started.