Introduction
In today’s fast-paced financial landscape, finding safe and rewarding investment options is paramount for both seasoned investors and newcomers. Jana Small Finance Bank (SFB) has introduced an attractive opportunity with its new ‘Liquid Plus Fixed Deposit’ scheme, designed specifically for those looking to invest excess funds for a short duration. With competitive interest rates and flexible investment terms, this scheme is poised to meet the needs of a wide range of investors.
Overview of Jana Small Finance Bank’s FD Scheme
The Liquid Plus Fixed Deposit scheme at Jana Small Finance Bank allows investors to commit their funds for brief periods, ranging from just 7 days to a maximum of 180 days. This is an excellent opportunity for individuals or businesses looking to park their surplus cash temporarily while still earning impressive returns.
Investment Limits
Jana Small Finance Bank has set specific investment limits to accommodate various investor profiles. Here are the key details:
- Minimum Investment: ₹10 lakh
- Maximum Investment for Retail Deposits: Up to ₹3 crore
- Maximum Investment for Bulk Deposits: Ranges from ₹3 crore to ₹200 crore
Compelling Interest Rates
The interest rates offered by Jana Small Finance Bank for this FD scheme are highly competitive, standing at 6.75% irrespective of the deposit duration until 19 September 2024. This attractive rate is particularly beneficial for investors who seek a secure avenue to harness returns on their short-term investments.
Why Choose Jana Small Finance Bank’s FD?
The Liquid Plus Fixed Deposit scheme is an ideal choice for investors who:
- Require flexibility in terms of investment duration.
- Wish to earn higher returns on large sums of money in a safe environment.
- Want a quick, hassle-free method of managing excess funds without locking them away for extended periods.
Conclusion
Jana Small Finance Bank’s Liquid Plus Fixed Deposit scheme stands out as an excellent investment choice for those looking to maximize the returns on surplus funds during short-term conditions. Its attractive interest rate, combined with flexible investment options, makes it a vital addition to any real estate or business investment portfolio. Investors are encouraged to evaluate their financial plans and consider this appealing offer to make the most of their excess finances.
