Unity Small Finance Bank FD Scheme

Unity Small Finance Bank is a scheduled commercial bank regulated by the RBI. The organisation began its operations on November 1, 2021, and currently offers a range of banking services. 

Are you a risk-averse investor? The fixed deposit schemes in Unity Small Finance Bank are a low-risk and capital-protected option. As of July 22, 2025, the bank offers competitive FD interest rates up to 8.25% p.a. 

Want to invest? In this article, let’s check out the latest Unity Small Finance Bank FD plans and their key features. Also, we will find out is Unity Small Finance Bank safe for FD. 

Latest Fixed Deposit Schemes in Unity Small Finance Bank 2025

Unity Small Finance Bank offers various types of FD schemes to meet the needs of different customer segments. With this bank, you get several options, such as tax-saver FD, callable and non-callable FD schemes, NRE/NRO FD plans, and more. Let’s study them in detail:

1. Regular/ Retail Fixed Deposit

This is the standard FD option available to all individuals. You can invest as little as ₹1,000 for a period ranging from 7 days to 10 years. There's no upper cap on investment. 

This Unity Small Finance Bank FD plan suits anyone looking for capital safety and guaranteed returns. Please note that interest rates remain fixed once the deposit is booked. This lets you earn predictable interest income without market-linked risk.

2. Unity Small Finance Bank Scheme for Senior Citizens

This scheme is specifically designed for individuals aged 60 years and above. For seniors, the Unity Small Finance Bank offers 0.50% additional interest over regular rates. 

This fixed deposit scheme in Unity Small Finance Bank is perfect for retirees who want a stable income in their golden years and want to earn higher returns without the risks of market-based instruments.

3. Tax Saver Fixed Deposit

This FD comes with a 5-year lock-in period and offers tax benefits under Section 80C of the Income Tax Act. In a financial year, you can claim a deduction of up to ₹1.5 lakhs (only under the old regime). 

However, please note that this FD cannot be withdrawn prematurely. As of July 22, 2025, the Unity Small Finance Bank is offering 7.75% p.a. for regular investors and 8.25% p.a. for senior citizens (tenure of 5 years). 

4. NRE/NRO Fixed Deposit

These FDs are designed for Non-Resident Indians. You can save your foreign currency income in NRE FDs. They must be held for at least one year, and interest earned is tax-free in India. The principal and interest are also fully repatriable. On the other hand, NRO FDs are meant for income earned in India. The interest earned from this FD scheme is taxable. 

With these Unity Small Finance Bank FD plans, NRIs can better manage their savings and earn fixed returns by investing in them. Be aware that senior citizen rates are not offered to non-residents. 

5. Callable and Non-Callable Fixed Deposit Schemes

For deposits exceeding ₹3 crores, Unity Small Finance Bank runs two different schemes: Callable and Non-callable. Let’s understand them through the table below:

Particulars	Callable Bulk FD	Non-Callable Bulk FD
Meaning	FD that allows premature withdrawal (comes with a penalty).	FD that does not allow early withdrawal (only exceptional cases are allowed).
Premature Withdrawal	Allowed with 1% penalty on the applicable rate for the holding period.	Not allowed under normal circumstances.
Minimum Investment	₹3 crore and above.	₹3 crore and above.
Withdrawal Exceptions	No exception needed. Withdrawal is permitted anytime with a penalty.	Only in cases like court orders, bankruptcy, or bank error (with approval).
Maximum Interest Rate (as of July 22, 2025)	7.00% (flat rate for different tenures ranging from 501 days to 10 years).	7.10% (flat rate for different tenures ranging from 501 days to 10 years).
Who Should Invest?	Investors who want to make a single bulk deposit and need some liquidity.	Investors who are 100% sure they won't need the funds before maturity.
Senior Citizen Benefit	Yes, 0.50% extra for select tenures.	No extra rate is offered to senior citizens
Overdraft Facility	Available, you can borrow against the FD.	Available, you can get a loan against the FD.

So, want to earn safe + non-market linked returns?Unity Bank’s FDs offer attractive interest rates and come with up to ₹5 lakhs DICGC insurance. Start with just ₹1,000 now!

Key Features of Unity Small Finance Bank FD Plans

As of today, Unity Small Finance Bank holds more than ₹11,000 crore deposits from its 18 lakh+ customers. The organisation is one of the most trusted investment options for conservative investors looking to earn stable returns. For more clarity, let’s have a look at some key features of Unity Small Finance Bank FD plans:

Feature	Details
Attractive Retail FD Interest Rates (as of July 22, 2025)	Competitive rates up to 7.75% p.a. (for 1001 days).  Senior citizens get 8.25% p.a. (0.50% extra) for the same tenure.
Low Minimum Investment	Start investing with just ₹1,000.  Great for first-time or cautious savers.
High Investment Flexibility	No maximum limit.  For FDs above ₹2 crore, you must visit the branch to get a quote.
Tenure Options	Flexible terms ranging from 7 days to 10 years. With Unity Small Finance Bank FD plan, you can achieve both your short-term and long-term financial goals.
Interest Payout Options	You can choose how you want your interest:  Monthly Quarterly At maturity
Premature Withdrawal	Available for Retail and callable FDs with 1% penalty.  Not allowed for non-callable FDs.
Overdraft Facility	You can get a loan against your FD without breaking it. This option is available on all types of fixed deposit schemes in Unity Small Finance Bank.

You can book your Unity Small Finance Bank FD online in minutes via GoldenPi. Just click and invest now!

Is Unity Small Finance Bank Safe for FD?

As with any small finance bank, Unity Small Finance Bank is a relatively new player compared to legacy public/ private sector banks. However, it is licensed and regulated by the RBI. It follows the same set of financial, risk, and governance rules as any major Indian commercial bank.

Let’s understand why you can consider fixed deposit schemes in Unity Small Finance Bank for your next investment:

1. Insured By DICGC

All fixed deposits, savings accounts, and current accounts held with Unity Small Finance Bank are insured under the Deposit Insurance and Credit Guarantee Corporation (DICGC).

The insurance covers up to ₹5 lakh per depositor per bank (covers both principal + interest).

Please note that this is a statutory guarantee and is applicable across all scheduled banks in India. If the Unity Small Finance Bank ever defaults or fails, DICGC will compensate depositors up to ₹5 lakh.

2. CRISIL A1+ Rating

As of August 2, 2024, Unity Small Finance Bank has received a CRISIL A1+ rating. This rating applies specifically to its Certificate of Deposit (CD) programme worth ₹360 crore. For those unaware, A1+ is the highest short-term rating given by CRISIL. It suggests a very strong ability to meet short-term financial obligations. 

Furthermore, in its analysis, CRISIL noted that Unity Small Finance Bank has adequate capital and has sufficient liquidity to absorb losses (if needed).

Invest in an A1+ Rated Bank with GoldenPi Today!

Unity Small Finance Bank, though a recent entrant, is fully regulated by the RBI and offers up to ₹5 lakh deposit safety through DICGC insurance. The bank runs attractive FD plans and offers competitive rates across retail, callable, and non-callable deposits. 

With fixed deposit schemes in Unity Small Finance Bank, you can enjoy flexible tenures, interest payout options, and even an overdraft facility. So, have savings? Invest today with GoldenPi online!