What is the compounding frequency for Suryoday Small Finance Bank FDs?

Suryoday Small Finance Bank FDs compound interest takes place every 3 months. At the end of each quarter, the accrued interest is added to the principal, thereby generating additional returns.

What is the maximum amount allowed for investing via UPI in Suryoday Small Finance Bank?

Here in Suryoday Small Finance Bank, you can invest up to Rs 1 Lakh using UPI. If the amount exceeds Rs. 1 Lakh, you need to use net banking options for investments up to Rs. 10 lakh, subject to your limit. There are no restrictions on the number of FDs you can open.

Can I invest in Suryoday Small Finance Bank FDs without having to open a bank account?

Absolutely! You can invest in Suryoday Small Finance Bank FDs without opening a bank account via Blostem. The process is digital, safe, and fast, taking up to 3 minutes.

Are monthly or quarterly payouts available with Suryoday Small Finance Bank FDs?

No, Suryoday Small Finance Bank FDs do not offer monthly or quarterly payouts. Interest is only received upon maturity.

Is NetBanking an option for Suryoday Small Finance Bank FDs?

Yes, you can book an FD through NetBanking for amounts up to Rs. 10 Lakh, depending on your NetBanking limit.

Is Video KYC mandatory for Suryoday Small Finance Bank FDs?

The video KYC is not compulsory for your first FD if the tenure is less than 1 year or the amount is Rs. 90,000 or less. You only need to complete the video KYC process once per bank.

When can I complete the Video KYC process?

You can complete the video KYC process within 2 minutes after investing in an FD. It shall be done between 8 am and 11 pm except Sundays, second and fourth Saturdays. Your process will be completed within the next three working days.

What documents are required for completing Video KYC?

To complete the Video KYC, ensure you have your physical PAN card, a blank sheet of paper, and a pen for signing.

Is investing in Suryoday Small Finance Bank considered a safe investment?

Absolutely! Deposits are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC), covering deposits up to Rs. 5 lakhs, including fixed deposits.

Where does the investment go after the payment is made?

After payment, your funds are transferred directly to the bank, and an account is immediately created upon initiation.

How do I receive confirmation of my FD booking?

You’ll receive a notification on the FD receipt from the bank to your registered email. You can also find the receipts under the ‘My Investment’ section after logging in to the portal.

Can I withdraw my investment at any time?

Yes! You can withdraw your investment at any time after 7 days without incurring any penalty. The only drawback is that the interest earned will be 1% less than the applicable interest for the remaining tenure.

Where will I receive the maturity or withdrawal amount?

The maturity or withdrawal amount will be credited to the same bank account used for the payment within 6 hours.

How long does it take for the withdrawal amount to be credited to the bank account?

Usually, it takes about 6-8 hours for the withdrawal amount to be credited to your bank account.

Suryoday Small Finance Bank

Withdraw Anytime

Returns Upto8.60%
Tenure1M - 60M
RBI’s DICGC Insurance Upto₹5L

Your FD security is # 1 priorityRBI-backed DICGC Insured up to ₹5L

Reasons to invest

RBI-Regulated & Insured RBI-regulated bank with deposits DICGC insured up to ₹5 Lakh.
Business Scale Founded in 2008, operating 700+ branches across 16+ states and union territories, serving over 33 Lakh customers with an AUM exceeding ₹14,376 Crore.
Financial Performance Reported a PAT of ₹156 Crore in FY2026, with Return on Assets (RoA) improving to 1.5% (annualized) in Q1 FY2027 from 0.9% in FY2026, driven by declining credit costs at 0.7%.
Capital Adequacy Reported a CAR of 20.0% as of June 30, 2026—well above the regulatory mandate of 15.0%—supported by an equity capital raise of ₹522 Crore.

RBI-Regulated & Insured RBI-regulated bank with deposits DICGC insured up to ₹5 Lakh.
Business Scale Founded in 2008, operating 700+ branches across 16+ states and union territories, serving over 33 Lakh customers with an AUM exceeding ₹14,376 Crore.
Financial Performance Reported a PAT of ₹156 Crore in FY2026, with Return on Assets (RoA) improving to 1.5% (annualized) in Q1 FY2027 from 0.9% in FY2026, driven by declining credit costs at 0.7%.
Capital Adequacy Reported a CAR of 20.0% as of June 30, 2026—well above the regulatory mandate of 15.0%—supported by an equity capital raise of ₹522 Crore.

Key highlights

< 5L Insured by RBI Subsidiary
Your fixed deposit is insured up to 5L per bank by DICGC, 100% subsidiary of RBI
Withdraw anytime after 7 days
You can pre-mature your FD anytime after 7 days without any lock-in
Strong rating - CRISIL A1+
Your FD is issued by a RBI regulated entity which has a strong rating, indicating very low probability of defaults

Popular Choice

All Available Tenures

Compare FD returns of Top Banks vs Suryoday SFB

7.10%

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7.25%

8.60%

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Suryoday SFB

About Suryoday Small Finance Bank

Operating for the past 18 years, Suryoday Small Finance Bank has earned the trust of over 33 lakh customers. Backed by a healthy 20.0% capital adequacy ratio and an improving 1.5% Return on Assets, it demonstrates growth and stability.

Disclaimer: Interest rates shown are the highest rates available under cumulative deposits for the Individual category, including senior citizen rates where applicable, across all tenures. Rates are set by the issuer and may change.

Frequently asked questions

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