North East Small Finance Bank (NESFB) announced the launch of its revamped fixed deposit (FD) schemes, aimed at revolutionizing the financial landscape in the Northeast. With interest rates reaching up to 8.50% for the general public and an impressive 9.25% for senior citizens, NESFB is setting the stage for unprecedented financial empowerment across the region.
Speaking at the conference, Satish Kumar Kalra, MD & CEO of North East Small Finance Bank, highlighted the bank’s commitment to fostering prosperity and inclusivity. “At NESFB, we believe in creating pathways to financial empowerment for all,” said Kalra. “Our enhanced FD rates are designed to provide our customers with unparalleled opportunities for savings growth and security.”
The initiative throws light on the significant impact these FD rates will have on individuals and communities in the Northeast. From providing retirees with a reliable source of income to enabling families to save for their children’s education, NESFB’s FD schemes promise to transform lives and uplift communities.Moreover, with the recent approval of a merger involving slice (Garagepreneurs Internet Private Limited), NESFB is poised to expand its reach and offerings, solidifying its position as a catalyst for socio-economic progress in Assam and beyond.