Fincare Small Finance Bank - Incorporated in June 2017, Fincare Small Finance Bank Limited (‘Fincare SFB’) has its Registered Office at Ahmedabad, India, and Corporate Office at Bangalore, India. Fincare SFB, has been formed from the conversion of Disha Microfin Limited (‘Disha Microfin’), an NBFC-MFI. Disha Microfin was one among the 10 recipients of the ‘in-principle’ approval from the Reserve Bank of India (‘RBI’) in September 2015 to set up a Small Finance Bank with the objective of furthering financial inclusion under the “Guidelines for Licensing of Small Finance Banks in the private sector” issued in November 2014. In May 2017, Disha Microfin received the license from the RBI under Section 22 of the Banking Regulation Act, 1949 to carry on the Small Finance Bank business in India after complying with the requirements stipulated by the RBI.
Source- Fincare Small Finance Bank's website
Interest Rates for Domestic Savings Account
| SAVINGS ACCOUNT | INTEREST RATES (PER ANNUM) |
| Up to and including ₹1 Lakh | 6.00% |
| Above ₹1 Lakh | 7.00% |
Fincare Small Finance Bank Interest Rates
INTEREST RATES (PER ANNUM) with effect from 15-05-2018| TENURE | General Public | Senior Citizens** |
|---|---|---|
| 7 days to 45 days | 4.00% | 4.50% |
| 46 days to 90 days | 4.00% | 4.50% |
| 91 days to 180 days | 6.00% | 6.50% |
| 181 days to 364 days | 7.00% | 7.50% |
| 12 months to 15 months | 8.00% | 8.50% |
| 15 months 1 day to 18 months | 8.25% | 8.75% |
| 18 months 1 day – 21 months | 8.50% | 9.00% |
| 21 months 1 day – 24 months | 8.75% | 9.25% |
| 24 months 1 day – 36 months | 9.00% | 9.50% |
| 3 years 1 day – 5 years | 8.00% | 8.50% |
| 5 years 1 day – 7 years | 7.00% | 7.50% |
Customer Care No - South: 85 72335644, Rest of India 79 33564444
Branch Locator - Finacre Bank