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Revision in Interest Rates and Slabs of all

Savings Bank Accounts

NOTICE

To all Jana Small Finance Bank Customers

Subject: Revision in Interest Rates and Slabs of all Savings Bank Accounts

Revised Interest Rates are as follows and are effective 11 th November, 2018 onwards

Interest
Sr. Rate
Savings Account Balance Illustration
No. Per
Annum

1 Up to Rs. 1 Lac 5% 5 % will be paid on balances up to Rs. 1 lac

More than Rs. 1 Lac 6% will be paid on incremental balances above


2 6%
up to Rs. 10 Lacs Rs. 1 Lac & up to Rs. 10 Lacs

7% will be paid on incremental balances above


More than Rs. 10 Lacs
3 7% Rs. 10 Lacs & up to Rs. 5 Crores
up to Rs. 5 Crores

7.5 % will be paid on incremental balances


More than Rs. 5 Crores
4 7.5% above Rs. 5 Crores & up to Rs. 25 Crores
up to Rs. 25 Crores

8 % will be paid on incremental balances


5 More than Rs. 25 Crores 8% above Rs. 25 Crores

Note:

1. Interest will be calculated on a daily product basis


2. The interest is paid / credited savings account on quarterly basis on 30th June, 30th
September, 31st December and 31st March each year.

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