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Platina Fixed Deposit—Ujjivan SFB

Published on January 24, 2022
Current Context: The Ujjivan Small Finance Bank launched the Platina Fixed Deposit scheme.
Platina Fixed Deposit—Ujjivan SFB
  • It grants interest of 15 basis points in addition to term deposit rates of Ujjivan SFB.
  • It is the non-callable deposit, i.e. in this partial or premature withdrawals cannot be performed.
  • The interest amount will be received monthly or quarterly or at the end of the maturity period will be received.
  • The minimum FD amount is Rs 20 lakhs and the maximum amount is fixed to Rs 2 core.
  • The tenure is ranging from 1 year to 5 years.
  • Static Part: 
    • HQ of Ujjivan SFB: Bangalore

Question: 

Q.1 Which SFB launched the Platina Fixed Deposit scheme in which the minimum FD amount is Rs 20 lakhs and the maximum amount is fixed to Rs 2 core?
a. Ujjivan SFB
b. Capital SFB
c. Suryoday SFB
d. Equitas SFB
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