Jana Small Finance Bank offers limited period special Fixed Deposit rates for senior citizens
Kolkata, Jan 22 (IBNS): Bengaluru-based Jana Small Finance Bank is offering 9.75 per cent interest on Fixed Deposit (FD) to senior citizens for one week, from January 22 to January 28, 2019, as part of their celebrations to mark the 70th Republic Day of India.
Senior citizens will benefit from high interest rate of 9.75 per cent on the tenure of three years.
The bank said it is also providing Doorstep Account Opening services for opening fixed deposits and savings accounts.
Besides, it is also offering 9.25 per cent interest rate to all its customers on three-year Fixed Deposit with no premature withdrawal.
Ajay Kanwal, MD & CEO, Jana Small Finance Bank said, “Every citizen of India has contributed towards nation building. We believe that on the occasion of 70th Republic Day, there couldn’t have been a better way of expressing our gratitude towards our senior citizens than offering value for their hard-earned money.”
According to the bank, it is serving 45 lakh customers across 20 states in India and by end of 2019, its 500 microfinance storefronts will be converted into bank branches.
By 2020, the bank aspires to add 40 lakh customers.
Jana Small Finance Bank, erstwhile Janalakshmi Financial Services, is one of the 10 financial institutions, which had received in-principal approval from the Reserve Bank of India for setting up a Small Finance Bank in 2015.
Jana Small Finance Bank received a final banking license in April 2017 and started banking operations on March 28, 2018.
Image: Jana Ban/FB
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