North East Small Finance Bank (NESFB) has rolled out an enticing array of fixed deposit (FD) schemes, aiming to revolutionize savings growth opportunities in the Northeast. Boasting interest rates of up to 8.50% for the general public and an impressive 9.25% for senior citizens, NESFB sets a new benchmark for financial empowerment in the region.
The move reflects NESFB’s commitment to bolstering financial stability, particularly among the elderly population, by providing reliable income avenues during retirement years. With FD plans tailored to diverse needs, including specialized schemes ranging from 400 to 1111 days, NESFB ensures a comprehensive suite of investment solutions for its clientele.Satish Kumar Kalra, MD & CEO of North East Small Finance Bank, emphasized the institution’s dedication to enhancing customer financial well-being. Kalra highlighted NESFB’s innovative approach and customer-centric ethos, underscoring the bank’s commitment to excellence in service delivery.
Furthermore, 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 signals NESFB’s strategic growth initiatives and expansion plans, aimed at broadening its reach and offerings to better serve the community.
