In a bid to fortify financial prosperity among its patrons, North East Small Finance Bank (NESFB), a leading financial institution in the region, has unveiled its revamped fixed deposit (FD) schemes, offering enticing interest rates to its customers. With rates soaring up to 8.50% for the general public and an impressive 9.25% for senior citizens, NESFB aims to redefine savings growth opportunities in the Northeast.
The latest FD rates introduced by NESFB epitomize the bank’s commitment to fostering financial security and empowerment, particularly among the senior citizens in the Northeast community. For the elderly, Fixed Deposits serve as a dependable avenue for income generation, akin to a pension, ensuring a steady flow of earnings during retirement years.NESFB’s array of FD plans caters to diverse customer needs, offering competitive rates across various tenures. From the standard tenure of 366 to 1095 days to specialized schemes spanning 400 days, 555 days, and 1111 days, NESFB provides a comprehensive suite of investment solutions tailored to its clients’ requirements.
Satish Kumar Kalra, MD & CEO of North East Small Finance Bank, reiterated the institution’s dedication to enhancing customer financial well-being. Kalra emphasized NESFB’s commitment to innovation, excellence, and customer-centricity, as showcased by the newly introduced fixed deposit rates and the bank’s broader range of financial products and services.Notably, the recent approval by the Competition Commission of India for the merger involving slice (Garagepreneurs Internet Private Limited) with North East Small Finance Bank Limited underscores NESFB’s strategic growth initiatives and commitment to expanding its reach and offerings to better serve the community.
