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Jana Small Finance Bank to offer 6.75% short-term deposit rates with no early withdrawal penalties

By Economic Times - 2 months ago
Jana Small Finance Bank has introduced a flat 6.75% rate for short-term deposits over Rs 10 lakh and removed penalties for early withdrawal. This offer, effective from September 19, aims to attract short-term funds. Small savers will get rates between 3.5% and 6.5%, while seniors receive an additional 50 basis points.

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