Welcome to the comprehensive guide on the current FD rates offered by Capital Small Finance Bank. We will explore the profitable opportunities of Capital Small Finance Bank’s FD offerings. Whether you’re a beginner or an experienced investor, you need to know these rates to make informed investment decisions..
Capital Small Finance Bank is a small finance bank in India. It was incorporated in 2016 and began operations in 2017. They headquartered the bank in Jalandhar, Punjab, and have a network of over 150 branches across India.
Capital Small Finance Bank is a scheduled bank by the Reserve Bank of India (RBI). This means that it is subject to the RBI’s regulations and supervision. The Deposit Insurance and Credit Guarantee Corporation(DICG) also insured the bank’s deposits up to ₹5 lakhs.
Capital Small Finance Bank’s fixed deposit schemes have interest rates range from 3.50% p.a. To 7.50% p.a. for tenure period from 15 days up to 10 years. Senior citizen getting 0.50% p.a. additional interest rate. In this blog we will go in detail about different schemes and interest rates for different tenure periods. Keep on reading to know more!
Current FD Rates of Capital Small Finance Bank
Banks offer different FD rates due to varying reasons, a Tata capital FD rates could be different from Capital small finance bank FD rates. However it is important to understand the different range of interest rates for normal citizens and senior citizens that Capital bank FD rates offer.
You cango through the table below and learn more about the interest rates on domestic deposit for different term:
| Tenure | General Public | Senior Citizen |
| 7 days to 14 days | 3.50% | 4.15% |
| 15 days to 45 days | 4.00% | 4.65% |
| 46 days to 90 days | 4.80% | 5.30% |
| 91 days to 180 days | 5.00% | 5.50% |
| 181 days to 364 day | 5.25% | 5.75% |
| 1 year to less than 2 years | 6.00% | 6.50% |
| 2 years to less than 3 years | 6.50% | 7.00% |
| 3 years to less than 5 years | 6.75% | 7.25% |
| 5 years to 10 years | 7.00% | 7.50% |
Knowing the interest rate and the amount you will receive as maturity at the end of the fixed deposit (FD) deposit period is as important as the interest rate.
With the help of an online FD calculator, you can now easily determine your maturity amount. Calculate the maturity amount by adjusting the deposit period based on the bank’s interest rates using an online fixed deposit calculator.
Disclaimer: Please note that these rates are subject to change without prior notice. You should always check with the bank for the latest rates before you invest.
Capital Small Finance Bank Tax Saver FD Interest Rates
Explore competitive interest rates that not only help you grow your wealth but also reduce your tax liability. It’s a smart way to secure your financial future while earning more.
In the table given below, you can see the interest rates for different tenure period.
| Tenure | General Public | Senior Citizens |
| 5 years | 7.00% | 7.50% |
| 5 years to 10 years | 7.10% | 7.75% |
Capital Small Finance Bank NRO Fixed Deposit Interest Rates
Capital Small Finance Bank offers NRO Fixed Deposits to non-resident Indians (NRIs). NRO stands for Non-Resident Ordinary Account.
The interest rates offered on NRO Fixed Deposits are higher than the interest rates offered on domestic Fixed Deposits.
| Tenure | General Public |
| 15 days to 45 days | 2.75% |
| 46 days to 90 days | 3.00% |
| 91 days to 180 days | 3.25% |
| 181 days to 364 days | 3.50% |
| 1 year to less than 2 years | 4.00% |
| 2 years to less than 3 years | 4.50% |
| 3 years to less than 5 years | 4.75% |
| 5 years to 10 years | 5.00% |
Capital Small Finance Bank NRE Fixed Deposit Interest Rates
NRE deposits (Non-Resident External Deposit) are bank deposits open to Non-Resident Indians (NRIs). NRE fixed deposits can be opened in multiple currencies, such as US dollars, euros, and pounds sterling.The capital small finance bank FD rates earned on NRE fixed deposits are not taxable in India.
| Tenure | Interest Rates (%p.a.) |
| 365 Days | 7.60% |
| 400 Days | 7.40% |
| 600 Days | 7.40% |
| 900 Days | 7.40% |
| 1 year to 5 years | 7.15% |
| 5 years to 10 years | 7.10% |
Types of Capital Small Finance FD Schemes
Capital Small Finance Bank offers a variety of FD schemes to suit different investor needs and risk appetites. These include:
- Cumulative Deposit: This is the most common type of FD. The interest earned on a cumulative FD gets added to the principal amount, and the total amount gets paid out at maturity.
- Non-Cumulative Deposit: With a non-cumulative FD, the interest earned gets paid out periodically, either monthly, quarterly, or annually.
- Monthly Income Deposit (MID): This type of FD offers a monthly income to the investor. The interest earned gets paid out monthly, and the principal amount gets paid out at maturity.
- Quarterly Income Deposit (QID): This type of FD offers a quarterly income to the investor. The interest earned gets paid quarterly, and the principal amount gets paid at maturity.
- Tax Saver Fixed Deposit: This type of FD offers tax benefits under Section 80C of the Income Tax Act, 1961. The interest earned on a tax saver FD is exempt from income tax up to a certain limit.
Capital Small Finance Bank FD rates are competitive and vary depending on the type of FD, tenure, and the amount invested. You can check the latest interest rates on the bank’s website or by contacting the bank’s customer care.
Benefit of Capital Small Finance Bank FD
On April 24, 2016, Capital Small Finance Bank officially opened for business operating as India’s first largest community bank since January 14, 2000, prior to the conversion. With capital bank’s FD rates in par with other great banks, their service offers additional features and benefits on their FD schemes like ::
Optional Loan facility:
Capital Small Finance Bank offers an optional loan facility against your FD. This means that you can borrow money from the bank against your FD, without having to encash it.
Quarterly Interest payout:
Capital Small Finance Bank offers a quarterly interest payout option for its FDs. This means that you will receive your interest every quarter, instead of having to wait for the end of the tenure.
Nomination Facility:
If the primary account holder of a term deposit with a nominee in place passes away, the nominee can withdraw the deposit early.
Early Withdrawal Facility:
Up to 92.5% of the deposit amount is available as a loan or overdraft facility.The penalty amount will depend on the tenure of the FD and the amount withdrawn.
Monthly Interest Deposit Scheme(MIDS) allows you to withdraw 92.5% of the deposit amount.
Extensive Network:
The Capital Small Finance Bank is renowned for its banking operations in the most outlying locations. The Capital Small Finance Bank also covers rural and semi-urban areas.
After discussing Capital Small Finance Bank interest rates, we can also explore different products too.
It offers a range of banking products and services, including savings accounts, fixed deposits, loans, and insurance. The bank also offers microfinance products and services to underserved segments of the population.
The bank positions itself as a good choice for people who want to use fixed deposits to manage their finances. They offer good rates, flexibility, and clear communication..
So, what do you think about our blog? Do you agree or do you have other concerns? Tell us in the comments.
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FAQs
Q. Is Capital Small Finance Bank a private bank?
A. No, Capital Small Finance Bank is not a private bank. It is a small finance bank, which is a type of bank that is regulated by the Reserve Bank of India (RBI) but is not a part of the scheduled banking system.
Q. What is the FD rate in Capital bank India?
A. The FD rates in Capital Bank India vary depending on the type of FD, tenure, and the amount invested.
Q. What is the rating of Capital Small Finance Bank?
A. ICRA has assigned a rating of A-. CARE Ratings has assigned a rating of AA-. Brickwork Ratings has assigned a rating of BB+.
Q. Is capital bank safe?
A. Yes, it is a safe option.
Q. Is Capital Small Finance Bank under RBI?
A. Yes, Capital Small Finance Bank is under the Reserve Bank of India (RBI). Capital Small Finance Bank was granted a licence by the RBI in 2016,headquartered in Jalandhar, Punjab. It is the first small finance bank to be granted a licence by the RBI.
Q. Is Capital Bank an online bank?
A. No, Capital Small Finance Bank is not an online bank.
