FD interest rate: After increasing the repo rate by the Reserve Bank of India (RBI), banks have also increased the interest rates of fixed deposits. If your intention is also to get FD, then you should know about FD interest rates of different banks.
Small finance banks are paying more interest than big banks. Big lenders like State Bank of India, HDFC, ICICI, Punjab National Bank are giving comparatively less interest on FD. Let us tell that in which bank it will be in your interest to have FD at present.
FD is a risk-free investment in banks. Small finance banks pay more interest on fixed deposits than big banks. Due to the absence of risk of money sinking and getting good returns, many people put money in fixed deposits. Today we are telling you about those 6 banks, which are currently giving the highest interest on FD.
Unity Small Finance Bank is giving the highest interest on FD. The bank is offering 9.00 per cent interest to general customers and 9.50 per cent to senior citizens on FDs maturing in 1001 days.
Jana Small Finance Bank is paying interest at the rate of 8.10 percent to the general public on FDs of 1001 days. The bank is offering 8.80 percent interest to senior citizens.
If you make FD for 1001 days in Suryoday Small Finance Bank, then you will get interest at the rate of 8.51 percent per annum. If you are a senior then the bank will give you interest at the rate of 8.76 percent.
Ujjivan Small Finance Bank (Ujjivan Small Finance Bank) is offering interest at the rate of 8.00 percent per annum to the general customer on FD of 1001 days. The bank is currently offering 8.75 percent interest to senior citizens.
The name of Utkarsh Small Finance Bank is also included in the list of banks that pay more interest on FDs. The bank is giving 8.00 per cent interest to general public and 8.75 per cent interest to senior citizens on FDs maturing in 1001 days.
North East Small Finance Bank is offering 8.00% interest to general customers and 8.75% to senior citizens on FDs maturing in 1001 days.
