Fixed Deposit: Senior citizens are being given maximum interest rate on FD by small finance banks. Unity Small Finance Bank is giving maximum interest of 9% on FD.
Highest FD Rates: After the increase in interest rates by the Reserve Bank, many banks have increased the interest of FD along with the loan. Apart from SBI, PNB, HDFC among major banks, small finance banks have increased the interest of their fixed deposits. For this reason, banks are now offering more than 7 per cent interest for common citizens and up to 9 per cent interest for senior citizens.
Unity Small Finance Bank has increased the interest on fixed deposits and is now giving maximum interest of up to 9% to senior citizens. This is the highest interest rate offered on FD by any bank. However, apart from this, there are some other small finance banks, which are giving 8.5% to 9% interest. Here information is being given about 5 such banks, which are giving up to 9% interest on fixed deposits to senior citizens.
Unity Small Finance Bank
This bank is offering 4.50% to 7% interest for common citizens on fixed deposits ranging from 7 days to 10 years, while for senior citizens, this bank is offering 4.50% to 7.50% interest. Is. At the same time, this bank is giving 8.50 percent interest for common citizens and 9 percent interest for senior citizens on 501 days tenure.
ESAF Small Finance Bank
This small finance bank is offering 4.50 to 8.50 percent interest on fixed deposits for its senior citizen customers with tenures ranging from 7 days to 10 years. Under Special FD, on 999 days tenure, this bank is giving 8.50 percent interest for senior citizens and 8 percent interest for common citizens.
