Unity Small Finance Bank Senior Citizen FD

Want to earn non-market-linked returns in your golden years? Unity Small Finance Bank senior citizen FD scheme can be a perfect option for you in 2025. Particularly designed for individuals aged 60 and above, this scheme offers an additional 0.50% interest rate over regular FDs. 

Concerned about safety? All your deposits are insured up to ₹5 lakhs by DICGC (Deposit Insurance and Credit Guarantee Corporation). Additionally, the bank has been rated A1+ by CRISIL and A (stable) by ICRA. With several tenure choices and multiple payout options, Unity Small Finance Bank FD for senior citizens can support both your monthly income needs and growth plans during retirement. 

So, want to invest? In this article, let’s check out the key features of Unity Small Finance Bank senior citizen FD scheme and see the latest Unity Small Finance Bank FD interest rates for senior citizens (valid as of July 26, 2025). 

Key Features of Unity Small Finance Bank FD for Senior Citizens

Unity Small Finance Bank FD for senior citizens comes with several benefits, such as:

• Competitive interest rates
• Overdraft and auto-renewal facility
• Flexible tenure options

This scheme is ideal for low-risk and conservative investors. By investing in it, you can earn better returns with minimal market risk. For more clarity, check out these key features of Unity Small Finance Bank senior citizen FD scheme before investing: 

Feature	What It Means for You
Tenure Options	You can choose to invest for as short as 7 days or as long as 10 years.  Special interest rates are offered for 501 days, 701 days, and 1001 days.
Minimum and Maximum Deposit	You need to deposit at least ₹1,000.  There’s no upper limit, and you can invest as much as you want.
Payout Options	You can receive interest monthly or every 3 months (quarterly). Alternatively, you can book a cumulative FD and receive principal + interest upon maturity.
Assured Returns	Your returns are guaranteed.  Market ups and downs will not affect the interest you earn.
Premature Withdrawal	You can withdraw before maturity. However, Unity Bank will deduct 1% from your applicable interest as a penalty.
Loan/ Overdraft Facility	If you ever need money urgently, you can borrow against your FD instead of breaking it.
Auto-renewal	You can choose to have your Unity Small Finance Bank FD for senior citizens automatically renewed when it matures.
Eligibility	You must be an Indian resident and 60 years or older to open a Senior Citizen FD.
Extra Benefit for Seniors	As a senior citizen, you get 0.50% more interest than what general customers get.

Note: These key features are valid as of July 26, 2025.

Your retirement deserves stability and strong returns. Unity Small Finance Bank FD for senior citizens offers both. Open your FD online within minutes!

Latest Unity Small Finance Bank FD Interest Rates for Senior Citizens 2025

As of July 26, 2025, the bank offers interest rates ranging from 4.00% p.a. to 8.25% p.a. The peak interest rate of 8.25% p.a. is available for a 1,001-day FD and is inclusive of the additional 0.50% per annum bonus rate. If you are looking for a shorter tenure, the next best rate is 7.75% p.a., offered for a tenure of 701 days. 

For a better understanding, let’s check out the latest Unity Small Finance Bank fixed deposit interest rates for senior citizens:

A) Regular Fixed Deposits (less than ₹3 crores)

Tenure	Senior Citizen FD Rate
7 to 14 Days	4.00%
15 to 45 Days	4.00%
46 to 60 Days	5.25%
61 to 90 Days	5.50%
91 to 164 Days	5.50%
165 Days to 6 Months	6.00%
More than 6 Months to 201 Days	6.75%
202 to 364 Days	6.75%
1 Year	7.00%
1 Year 1 Day	7.25%
More than 1 Year 1 Day to 500 Days	7.25%
501 Days	7.50%
502 Days to 18 Months	7.25%
More than 18 Months to 700 Days	7.25%
701 Days	7.75%
702 Days to 1000 Days	7.25%
1001 Days	8.25% (Highest)
1002 Days to 3 Years	7.75%
More than 3 Years to 5 Years	7.75%
More than 5 Years to 10 Years	7.50%

Note: The above rates are applicable as of July 26, 2025, for senior citizens. These rates are inclusive of the extra 0.50% p.a. interest rate.

B) Tax-Saver FD Rates for Senior Citizens

Tenure	Interest rate p.a.
More than 3 years to 5 years	7.75%
More than 5 years to 10 years	7.50%

Note: The above rates are applicable as of July 26, 2025, for senior citizens. To avail of the benefit under Section 80C of the Income Tax Act, you must book an FD with a minimum tenure of 5 years. 

Unity Small Finance Bank Senior Citizen FD Scheme vs. SCSS vs. Post Office MIS

Post-retirement, most senior citizens prefer investing in government schemes like, Senior Citizen Savings Scheme (SCSS) and the Post Office Monthly Income Scheme (MIS). 

However, please note that the Unity Small Finance Bank senior citizen FD scheme stands out as it offers:

• Higher interest rate than SCSS and Post Office MIS
• Short and long-term flexibility
• No upper limit
• More payout choices
• Extra benefits for senior citizens

If your goal is to safely grow your money with better returns and flexibility, Unity Small Finance Bank senior citizen FD scheme is the strongest option. For a greater understanding, check out the comparison table below:

Feature	Unity Small Finance Bank FD for Senior Citizens	SCSS	Post Office MIS
Interest Rate	Up to 8.25% p.a. (for 1001 days)	8.20% p.a.	7.40% p.a.
Payout Options	Monthly Quarterly Yearly At maturity	Quarterly payout only	Monthly payout only
Tenure	Book an FD from 7 days to 10 years	5 years only (extendable by 3 years)	5 years only
Maximum Deposit	No limit	₹30 lakh per person	₹9 lakh (single) / ₹15 lakh (joint)
Premature Withdrawal	Allowed with 1% penalty on interest	Allowed with a penalty	Allowed only after 1 year, with a penalty
Loan against FD	Available	Not available	Not available
Tax Benefit (Sec 80C)	Tax-saver FDs of 5-year tenure are eligible for the benefit under Section 80C	Eligible for Section 80C benefit	Not eligible
Safety	DICGC-insured up to ₹5 lakh, CRISIL A1+ rated, ICRA A (Stable)	Government-backed	Government-backed
Senior Citizen Bonus	0.50% p.a. extra interest for senior citizens	No extra rate for senior citizens	No extra rate for senior citizens

No cap on deposits + secure returns + 0.50% extra return!Invest in Unity Small Finance Bank senior citizen FD scheme online via GoldenPi.

Book Your Senior Citizen FD with GoldenPi Within Minutes!

As of July 26, 2025, the Unity Small Finance Bank senior citizen FD scheme offers interest rates up to 8.25% p.a. (for 1001 days), which is higher than many government-backed schemes. You can start with just ₹1,000 and choose from flexible tenures (7 days to 10 years). Also, you can get interest payouts monthly, quarterly, or at maturity, whatever suits your needs. 

There’s also an extra 0.50% interest boost for seniors, plus features like auto-renewal, overdraft facility, and tax-saving options. Compared to SCSS and Post Office MIS, Unity Small Finance Bank FD for senior citizens gives you more control and higher returns. To invest in Unity Small Finance Bank Senior Citizen FD scheme, you can start from here!