Utkarsh Small Finance Bank FD Interest Rates

Utkarsh Small Finance Bank is a scheduled commercial bank regulated by the Reserve Bank of India (RBI). As of August 8, 2025, the bank offers the highest FD rate of 7.65% p.a. for regular customers and 8.15% p.a. for senior citizens (2 to 3 years). 

If you are a high-value investor looking to invest a minimum of ₹1 crore (up to ₹3 crore), you get slightly better interest rates with the bank’s “FD plus” scheme. The latest Utkarsh Small Finance Bank FD rates 2025 on this scheme are 7.90% p.a. for general customers and 8.40% p.a. for senior citizens (2 to 3 years).

Apart from this, tax-saver FDs carry interest rates of 7.25% (for regular customers) and 7.75% (for senior citizens) for a 5-year period. 

Want to invest? In this article, let’s check out the latest Utkarsh Small Finance Bank FD rates 2025 offered for different FD schemes.

Utkarsh Small Finance Bank FD Rates 2025 - Regular Customers

As of August 8, 2025, Utkarsh Small Finance Bank offers its highest interest rate of 7.65% p.a. on regular domestic fixed deposits with a tenure of 2 years (730 days) to 3 years (1095 days) for customers below 60 years of age. The second-best rate is 7.50% p.a. for FDs held for more than 3 years but less than 4 years. 

These deposits come with a premature withdrawal option, subject to a 1% penalty, and you can avail of a loan against these FDs. Below are the latest Utkarsh Small Finance Bank FD rates 2025 for deposits below ₹3 crore (for domestic FDs):

Tenure	Interest Rate (% p.a.)
7 Days to 45 Days	4.00%
46 Days to 90 Days	4.50%
91 Days to 180 Days	5.00%
181 Days to 370 Days	6.00%
371 Days to < 2 Years (729 Days)	7.25%
2 Years (730 Days) to 3 Years (1095 Days)	7.65% (highest)
Above 3 Years to < 4 Years	7.50%
4 Years (1461 Days) to 5 Years (1826 Days)	7.25%
Above 5 Years to 10 Years	7.00%

Note: The above interest rates are valid as of August 8, 2025. This rate is subject to change, so please verify the latest rate before investing.

Some Important Points You Must Know!

• The premature withdrawal penalty is the lower of:
• 1% less than the applicable rate 

or 

• Booked rate

• The minimum FD tenure is 7 days. You will get no interest if withdrawn before that.
• Interest on FDs below 181 days is paid as simple interest on maturity.
• The monthly payout option is available at a discounted rate.
• Interest earned is taxable and subject to TDS as per law.
• The deposit is booked only after a “clear fund receipt” in the bank.

Utkarsh Small Finance Bank FD Rates for Senior Citizens

Senior citizens (60 years and above) get an additional interest rate of 0.50% p.a. on fixed deposits at Utkarsh Small Finance Bank. As of August 8, 2025, senior citizens get the highest interest rate of 8.15% p.a. for the duration of 2 to 3 years. The next best interest rate is 8% p.a. available for a tenure of above 3 to 4 years. 

Please note that these rates apply to deposits under ₹3 crore, and come with a premature withdrawal option (subject to terms). Check out the latest Utkarsh Small Finance Bank FD rates for senior citizens, valid as of August 8, 2025, below (for domestic FDs):

Tenure	Interest Rate (% p.a.)
7 Days to 45 Days	4.50%
46 Days to 90 Days	5.00%
91 Days to 180 Days	5.50%
181 Days to 370 Days	6.50%
371 Days to < 2 Years (729 Days)	7.75%
2 Years (730 Days) to 3 Years (1095 Days)	8.15% (highest)
Above 3 Years to < 4 Years	8.00%
4 Years (1461 Days) to 5 Years (1826 Days)	7.75%
Above 5 Years to 10 Years	7.50%

Note: The above interest rates are valid as of August 8, 2025. This rate is subject to change, so please verify the latest rate before investing.

Some Important Points You Must Know!

• All tenures offer 0.50% higher interest than general customers.
• These FDs are suitable for retirees looking to earn non-market-linked monthly or quarterly income.
• The monthly interest option is available at a discounted rate.
• The premature withdrawal penalty is the same as that for general customers (1% deduction).
• Interest is taxable, but seniors can submit Form 15H to avoid TDS if eligible.

Want to earn non-market-linked returns? You can easily book your Utkarsh Small Finance Bank FD online within minutes! Start the process from here.

Utkarsh Small Finance Bank FD Rates 2025 - FD Plus Scheme 

Utkarsh Small Finance Bank FD Plus is a special deposit scheme designed for high-value investors who wish to invest between ₹1 crore and less than ₹3 crore. These fixed deposits offer higher interest rates compared to regular FDs. However, they come with a key condition that no premature withdrawal is allowed. 

Let’s check out the Utkarsh Small Finance Bank FD rates 2025 for the FD plus scheme as of August 8, 2025:

Tenure	General Customers	Senior Citizens
7 Days to 45 Days	4.00%	4.50%
46 Days to 90 Days	4.50%	5.00%
91 Days to 180 Days	5.00%	5.50%
181 Days to 370 Days	6.00%	6.50%
371 Days to < 2 Years (729 Days)	7.50%	8.00%
2 Years (730 Days) to 3 Years (1095 Days)	7.90% (highest)	8.40% (highest)
Above 3 Years to < 4 Years	7.75%	8.25%
4 Years (1461 Days) to 5 Years (1826 Days)	7.50%	8.00%
Above 5 Years to 10 Years	7.25%	7.75%

Note: The above interest rates are valid as of August 8, 2025. This rate is subject to change, so please verify the latest rate before investing.

Some Important Points You Must Know!

• The minimum deposit is ₹1 crore, with a maximum of below ₹3 crore.
• FD Plus offers better returns than regular FDs. The highest interest rate is 7.90% p.a. (General) and 8.40% p.a. (Senior Citizens) for 2 to 3 years.
• No premature withdrawal is allowed. Funds are locked in until maturity. 
• For bulk FDs (₹3 crore and above), you must contact the nearest branch for Utkarsh Small Finance Bank FD rates.

Utkarsh Small Finance Bank Fixed Deposit Rates - Tax-Saver FD

Utkarsh Small Finance Bank offers a Tax-saver fixed deposit scheme that provides both fixed returns and tax benefits under Section 80C of the Income Tax Act. 100% of the amount invested in this FD can be claimed as a deduction up to ₹1,50,000 per financial year. Check out the latest Utkarsh Small Finance Bank FD rates 2025 offered for tax-saver FDs:

Tenure	General Customers	Senior Citizens
5 Years	7.25% p.a.	7.75% p.a.

Note: The above interest rates are valid as of August 8, 2025. This rate is subject to change, so please verify the latest rate before investing.

Some Important Points You Must Know!

• The tenure is fixed for 5 years, and there is no option for a different duration.
• The investment limits are:
• Minimum: ₹1,000, 
  and
• Maximum: ₹1,50,000 per financial year.

• Auto-renewal is not allowed. You need to give fresh instructions after maturity.
• Premature withdrawal is not allowed under normal circumstances. It is permitted only in case of death or as per regulatory directions.
• You cannot take a loan against this FD or use it as collateral.
• Interest can be received monthly, quarterly, or at maturity. It will be taxable as per the applicable laws.

Get started with as little as ₹1,000. Invest in Your Utkarsh Small Finance Bank FD with GoldenPi Today!

Utkarsh Small Finance Bank offers competitive fixed deposit interest rates for both regular and senior investors. As of August 8, 2025, you can get up to 8.15% p.a. for senior citizens and 7.65% p.a. for regular customers (2 to 3 years) on FDs below ₹3 crores. 

However, in the FD plus scheme (₹1 crore to ₹3crore), the highest interest rates are 7.90% p.a. (for regular customers) and 8.40% p.a. (for senior citizens) for the same tenure.

If you are interested in the tax-saver FD, the interest rates offered are 7.25% (for regular customers) and 7.75% (for senior citizens) for a 5-year period. 

The interest rate once booked remains fixed until maturity. Also, your investment (principal amount + interest) in these FDs is insured by DICGC (Deposit Insurance and Credit Guarantee Corporation) up to ₹5 lakhs.

Book your Utkarsh Small Finance Bank FD easily through the GoldenPi platform. It’s 100% online + paperless process. Start now!