MUMBAI: AU Small Finance Bank (AU SFB), India’s largest Small Finance Bank and the first institution in over a decade to receive in-principle approval from the Reserve Bank of India to transition into a Universal Bank, has revised its deposit interest rates across Fixed Deposits (FDs), Recurring Deposits (RDs), and Foreign Currency Non-Resident [FCNR (B)] deposits, effective June 10, 2026.

Under the revised structure, customers can now earn up to 7.40% p.a. on FDs and RDs, while senior citizens can earn up to 7.90% p.a., making AU SFB’s offering among the more competitive and attractive savings avenues in the current rate cycle.

The revision comes at a time when savers across India are increasingly looking for stable, high-yield deposit options, while NRIs continue to seek secure and efficient avenues to manage savings across geographies.

The revised peak interest rates are as follows:

* Interest on FCNR (B) deposits is paid out semi-annually.

In parallel, the Bank has also enhanced its FCNR deposit rates, further strengthening its NRI banking proposition by offering attractive foreign currency deposit options alongside competitive domestic deposit rates. Together, the revised rates position AU SFB as a comprehensive savings partner catering to both resident Indians seeking higher returns and NRIs looking for efficient cross-border savings solutions.

The revised rates apply to both new and existing customers and are available across AU SFB’s 2,790+ touchpoints spanning 21 States and 4 Union Territories, as well as through its digital channels, including the AU 0101 app, WhatsApp Banking, and 24×7 video banking.

For detailed tenure-wise interest rates, customers may visit www.aubank.in

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The rate cut is over and above the rate reduction by the Bank post the 100 basis points cut in the policy repo rate by the Reserve Bank of India (RBI). The new rate beginning at 8.15% p.a. is applicable to loans for the purchase of a new car and is linked to a borrower’s credit profile.

The Bank has also reduced interest rates on Baroda Mortgage Loan (Loan Against Property) from 9.85% p.a. to 9.15%* p.a. with immediate effect.

Commenting on the announcement, Shri Sanjay Mudaliar, Executive Director, Bank of Baroda, said, “The festive season is an auspicious time for new beginnings with many families looking to fulfil their aspirations of owning a new vehicle. Bank of Baroda is pleased to introduce a special offer on our car loan rates that makes car ownership more accessible and affordable. In addition, our mortgage loan offering is now even more competitive, giving a great opportunity to unlock higher value for property, and customers can raise additional funds with a reduction in interest rates from 55 bps to 300 bps, depending on CIBIL score.”

Applicants can apply for a Bank of Baroda Car Loan digitally through the Bank’s Digital Lending Platform – Baroda Digital Car Loan or by visiting the nearest bank branch.

The Bank also offers an attractive fixed rate of interest on Baroda Car Loans, linked to the Bank’s 6-month MCLR, starting at 8.65%* p.a.

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