Jana Small Finance Bank 2024 Interest Rate For FD, RD, Forex Calculator

Jana Small Finance Bank 2024- The FD interest rates at Jana Small Finance Bank range from 3.75 to 8.15 percent annually. to the general public and 4.45 to 8.85 percent per year to senior citizens for periods of seven days to ten years. Jana Small Finance Bank Tax Saving FDs have an annual interest rate of 7.25 percent. for the general public and 7.95 percent annually. for five-year deposits made by senior citizens. Because the Reserve Bank of India (RBI) has designated Jana Small Finance Bank as a scheduled bank, its depositors are eligible for deposit insurance from the Depositor Insurance and Credit Guarantee Corporation (DICGC).

Jana Small Finance Bank 2024 is a community-based financial institution that offers loans, savings, and insurance to low-income individuals and families in rural and underserved communities. Jana Small Finance Bank operates with a social mission, providing solutions to financial challenges faced by people living in poverty. The bank provides loans to small businesses and individuals, as well as savings products to support long-term financial goals. Jana Small Finance Bank also provides insurance products such as life, disability, and health coverage to help individuals protect themselves and their loved ones against unforeseen financial hardships.

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Jana Small Finance Bank 2024

India’s largest microfinance institution (MFI) is Jana Small Finance Bank. Both regular fixed deposits and “FD Plus” fixed deposits are available from the bank. The bank’s interest rates start at 3.75 percent per annum. to 8.10% p.a. for periods of seven days to ten years. The bank offers the public its highest FD interest rate, which is 8.105% per annum. on term deposits that have been opened for a duration of between two and three years. Senior citizens can take advantage of an additional interest rate of 0.70 percent per annum. on all terms of fixed deposits.

Jana Small Finance Bank is driven by an experienced team of dedicated professionals who work together to deliver high-quality services to its clients. Its team members have diverse backgrounds and are dedicated to building effective partnerships with the communities they serve. These include experts in lending, insurance, risk management, technology, marketing, and more. They use their expertise to provide solutions for clients’ needs and help them navigate their financial lives successfully.

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Jana Small Finance Bank 2023 Interest Rate For FD

Jana Small Finance Bank 2024 Interest Rate For FD, Details

 Bank NameJana Small Finance Bank
Article NameJana Small Finance Bank Interest Rate For FD,
Category Trending 
Official WebsiteClick Here

About Jana Small Finance Bank FD

Jana Small Finance Bank FD was founded by Jana Small, a successful entrepreneur in Ghana who saw a need for better banking options for her countrymen. She wanted to create a bank that offered personalized service, high-quality products, and competitive rates for its customers. This vision led her to found Jana Small Finance Bank FD and build the bank from the ground up. The bank’s management team is made up of experienced professionals with a deep understanding of the banking industry in Ghana. They are dedicated to providing top-notch customer service and delivering on the promises made to each client

On March 4, 2008, Jana Small Finance Bank, formerly Janalakshmi Financial Services Limited, began business as a non-banking finance company (NBFC) and was later designated as a non-banking finance company-microfinance institution (NBFCMFI). On April 28, 2017, the bank was granted a license to operate as a small finance bank, and on March 28, 2018, it began conducting banking business. As of September 30, 2020, Jana Holdings Limited (JHL), a non-banking finance company and non-operative financial holding company (NBFCNOFHC), owns 42.1% of JSFB. Jana Holdings Limited (JHL) is a non-banking finance company – non-operative financial holding company (NBFC-NOFHC) that was founded on March 10, 2016. In India, JSFB has a diverse presence in 22 states and union territories.

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Types of Jana Finance FD Schemes

These include fixed deposit (FD) schemes, where the amount deposited is fixed and FD interest rate is agreed upon at the time of opening the account. With maturity period, this type of scheme provides regular income stream. There are also tenure-based schemes, which provide a higher interest rate as the tenure of the deposit increases. The third type of scheme is known as laddering scheme, where different duration deposits are made over a period of time to generate higher returns over time. The last and most popular type of Jana Small Finance Bank scheme is hybrid FD scheme, which combines features of all the above-mentioned types of schemes to provide a high level of financial security and stability for its members.

Regular Fixed Deposit

  • Least store sum: Rs 1,000
  • Month to month/half-yearly/quarterly/yearly payout choices are accessible
  • Interest is determined on a straightforward interest reason for all non-combined FDs
  • Interest payouts are according to monetary year, regardless of the date of booking:
  • Month to month Interest payouts will be on the first of each and every month,
  • Quarterly Interest payouts will be on the first of each and every quarter,
  • Half-yearly payouts will be on first October and first April and
  • Yearly interest payouts will be on first April

Tax Saver Fixed Deposit

  • Stores under this plan are qualified for an expense derivation of up to Rs 1.5 lakh under Segment 80C in each monetary year
  • Store sum: Least – Rs 100; Greatest – Rs 1.5 lakh
  • Residency: 5 years (1825 days) (Lock-in period)
  • Extra loan fees are proposed to senior residents

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FD Plus/FD with No Premature withdrawal

  • Investors can acquire higher FD financing costs well beyond the bank’s customary FD rate
  • Least sum: above Rs 15 lakhs
  • Residency: 7 days to 10 years
  • Auto-reestablishment office isn’t accessible
  • Interest is determined on a straightforward interest reason for all non-total FDs

Deposit of 2 crore & above

  • This FD plot is planned particularly for corporates, HNIs, SSO, and government establishments to procure significant profits from their high-esteem stores
  • Minimum deposit amount: Rs 2 crore
  • Minimum Tenure: 7 days

Premature Withdrawal of Fixed Deposits Penalty Charges

  • Premium will be paid in the wake of deducting the reformatory rate from the pertinent rate.
  • The appropriate rate would be the first/contracted residency for which the store has been reserved or the financing cost material for the time of store for which the FD stayed with the bank, whichever is lower:
  • FD not as much as Rs 2 crore – 0.5%
  • FD Rs 2 crore or more – 1%
  • Pre-mature withdrawal of the FD In addition to store is permitted exclusively in the event of death of the record holder or on request from administrative as well as legal power.
  • No untimely withdrawal is permitted in Assessment Saver Fixed Store

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Jana Small Finance Bank FD Interest Rates

Jana Small Finance Bank FD Interest Rates are calculated daily in accordance with the bank’s interest rate policy. The rates are based on the bank’s assessment of market conditions, the amount and maturity of deposits, and other factors. The current Jana Small Finance Bank FD interest rates can be found on their website or by calling their customer service department.

TenureInterest Rates (% p.a.)
Regular CitizensSenior Citizens
7 − 14 days3.754.45
15 − 60 days4.254.95
61 – 90 days5.255.95
91 – 180 days5.506.20
181 – 364 days7.007.70
1 year (365 days) – 499 days7.257.95
500 days – Jana 5 year Anniversary8.158.85
501 days – 2 years7.257.95
Above 2 years – 3 years8.108.80
Above 3 years – less than 5 years7.358.05
5 years (1825 days)7.257.95
Above 5 years – 10 years6.006.70

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Interest Rates for ‘FD Plus’s Deposits (No Premature Withdrawal Facility)

PeriodThe interest rate for less than Rs.2 croreThe interest rate for more than Rs.2 crore
7 to 14 days3.90%3.90%
15 to 60 days4.40%4.40%
61 to 90 days5.40%5.40%
91 to 180 days5.65%5.65%
181 to 364 days7.15%7.15%
1 Year[365 Days]7.40%7.40%
1 year to 2 years7.65%7.65%
2 years 1 day to 3 years8.25%8.25%
3 years 1 day to less than 5 years7.50%7.50%
5 years7.40%7.40%
5 years 1 day to 10 years6.15%6.15%

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Jana Small Finance Bank FD Calculator

You can use an FD calculator at Paisabazaar.com to help you make a more informed decision if you are completely unsure of your fixed deposit investment. You will only be required to provide the amount you wish to deposit, the Jana Bank FD rate, and your preferred deposit tenure in order to determine how much your fixed deposit will be worth at maturity.

Jana Small Finance Bank FD Calculator is an online tool that helps you calculate the financial deposit or investment required for a small-scale, personal loan with Jana Small Finance Bank. The tool allows you to input various factors, such as the amount of the loan and the duration of the term. It then outputs the required deposit or investment, which you can use to determine whether it makes sense to apply for a small loan from Jana.


Jana Small Finance Bank is a financial institution that was established in the year 2012 to provide affordable financial services to the poor and underserved communities in South Africa. The bank was founded by Yvonne Jana, who is an active philanthropist and social entrepreneur. It is a non-profit organization, which means that its profits are used for the benefit of the community it serves. The bank offers a wide range of products and services, including loans, deposits, insurance, and credit cards. With its dedication to serving the poor and underserved, Jana Small Finance Bank is a valuable resource for those in need of financial assistance.

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