Utkarsh Small Finance Bank is a small finance bank. We hold a dated rate for one of its products, a fixed deposit, and it scores 3.5 out of 5 on our published formula. Overall bank rating: 3.5 out of 5.
Best for: savers who want a large-balance-sheet bank for a deposit, and are willing to give up rate for it.
Where it falls short
- Pays 0.15 percentage points less on a fixed deposit than Suryoday Small Finance Bank, the best payer we track. Ranked #2 of 12.
Utkarsh Small Finance Bank products, rated
We score each product against every other provider we track for it. The same formula runs on every bank on this site.
Fixed deposit — 3.5 out of 5
| Rate up to | 8.10% for a regular customer |
|---|---|
| Senior citizens | 8.25% |
| Tenure band | 666 days |
| Our ranking | #2 of the 12 providers we track |
How it compares: the best-paying provider we track for this product is Suryoday Small Finance Bank at 8.25%, 0.15 percentage points better. The whole table is on best FD rates.
Rates and fees
| Product | Advertised rate | Maximum rate | Terms | Fee band |
|---|---|---|---|---|
| Fixed deposit | 8.10% | — | 8.25% for senior citizens | 666 days |
Checked at source 2 Oct 2026 · Utkarsh Small Finance Bank’s rate cards and published comparisons, across 1 product.
How we rated this bank
We take no money for ratings, and no bank can influence one. Every score above is simple maths on a dated rate table: change the table and the score moves by itself. One product rated, 12 competitor rates compared, ₹0 paid for this rating. No bank can buy, change or even see a Credsir score before you do, because the formula has no input for it. Read the full method.
A small finance bank pays more than a large one because it is funding a different loan book, and deposit insurance is what makes the trade reasonable. Cover runs to ₹5 lakh per depositor per bank, so the practical move is to split a large corpus rather than chase the top rate with all of it. What a given tranche matures to is arithmetic — the FD calculator will do it.
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