AU Small Finance Bank launches 'Planet First-AU Green Fixed Deposit' with 8.5% interest rate
Banking & Finance
AU Small Finance Bank (AU SFB) has launched its first green fixed deposit (FD), called Planet First – AU Green Fixed Deposit, which aims to support renewable and green projects including solar energy, electric mobility solutions etc. Is. AU Green Fixed Deposit offers interest rates up to 8.5% with a minimum investment requirement of only ₹5,000. This new offering allows both existing and new customers of AU SFB to easily secure their Green FD through Video Banking, AU 0101 App, NetBanking or simply by visiting their nearest AU Small Finance Bank branches. Speaking at the launch, Sanjay Agarwal, Founder, Small Finance Bank and MD & CEO, AU, said, “Climate change is considered one of the most pressing challenges facing the global society and economy in the 21st century and the Government of India has responded to it is accepted.
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