diff --git a/src/libs/PolicyUtils.ts b/src/libs/PolicyUtils.ts
index f6f9da4ce685..bd59e849e4c9 100644
--- a/src/libs/PolicyUtils.ts
+++ b/src/libs/PolicyUtils.ts
@@ -126,7 +126,7 @@ function getNumericValue(value: number | string, toLocaleDigit: (arg: string) =>
     if (Number.isNaN(numValue)) {
         return NaN;
     }
-    return numValue.toFixed(CONST.MIN_TAX_RATE_DECIMAL_PLACES);
+    return numValue;
 }
 
 /**
@@ -151,11 +151,10 @@ function getRateDisplayValue(value: number, toLocaleDigit: (arg: string) => stri
     }
 
     if (withDecimals) {
-        const decimalPart = numValue.toString().split('.').at(1);
-        if (decimalPart) {
-            const fractionDigits = Math.min(decimalPart.length, CONST.MAX_TAX_RATE_DECIMAL_PLACES);
-            return Number(numValue).toFixed(fractionDigits).toString().replace('.', toLocaleDigit('.'));
-        }
+        const decimalPart = numValue.toString().split('.').at(1) ?? '';
+        // Set the fraction digits to be between 2 and 4 (OD Behavior)
+        const fractionDigits = Math.min(Math.max(decimalPart.length, CONST.MIN_TAX_RATE_DECIMAL_PLACES), CONST.MAX_TAX_RATE_DECIMAL_PLACES);
+        return Number(numValue).toFixed(fractionDigits).toString().replace('.', toLocaleDigit('.'));
     }
 
     return numValue.toString().replace('.', toLocaleDigit('.')).substring(0, value.toString().length);
diff --git a/tests/unit/PolicyUtilsTest.ts b/tests/unit/PolicyUtilsTest.ts
index 8178bb99e877..e760bb2040c7 100644
--- a/tests/unit/PolicyUtilsTest.ts
+++ b/tests/unit/PolicyUtilsTest.ts
@@ -34,14 +34,19 @@ describe('PolicyUtils', () => {
                 expect(rate).toEqual('10.50');
             });
 
+            it('should return non-integer value with 4 decimals as is', () => {
+                const rate = PolicyUtils.getRateDisplayValue(10.5312, toLocaleDigitMock, true);
+                expect(rate).toEqual('10.5312');
+            });
+
             it('should return non-integer value with 3 decimals as is', () => {
                 const rate = PolicyUtils.getRateDisplayValue(10.531, toLocaleDigitMock, true);
                 expect(rate).toEqual('10.531');
             });
 
-            it('should return non-integer value with 3+ decimals cut to 3', () => {
-                const rate = PolicyUtils.getRateDisplayValue(10.531345, toLocaleDigitMock, true);
-                expect(rate).toEqual('10.531');
+            it('should return non-integer value with 4+ decimals cut to 4', () => {
+                const rate = PolicyUtils.getRateDisplayValue(10.531255, toLocaleDigitMock, true);
+                expect(rate).toEqual('10.5313');
             });
         });
     });