FD Rates: Small finance banks in India are offering attractive interest rates on Fixed Deposits (FDs) to senior citizens, which gives senior citizens the opportunity to earn good returns while keeping their savings safe.
These banks are offering the highest interest rates
1. North-East Small Finance Bank
It is offering an interest rate of 9.00% on FDs of 1 year to 3 years, making it the most attractive short-term investment.
2. Suryodaya Small Finance Bank
This bank is offering an interest rate of 9.10% on 5-year FD, which makes it a good option for long-term investors.
3. Unity Small Finance Bank
It is giving 9.50% interest on 1001 days FD and 8.65% on 3 years FD. This bank is giving high returns.
4. Jan Small Finance Bank
It is offering 8.75% interest on FDs of 1 year to 3 years, which makes it a profitable opportunity for short and medium term investors.
5. Equitas Small Finance Bank
It is offering 8.60% interest on 1 year FD and 8.50% interest on 3 year FD, which is the best option to get safe and good returns.
6. Ujivan Small Finance Bank
It is offering 8.60% interest on 18-month FDs, which is an attractive option for medium-term investors. Small finance banks such as Northeast (9.00%), Suryoday (9.10%), and Unity Bank (9.50%) are offering higher returns on FDs than larger banks. Senior citizens who want higher interest while keeping their savings safe can invest in FDs of these banks.
Related Articles:-
- Public Holidays ALERT! Schools, colleges and many other institutions will remain closed
- New Bank Note: RBI will issue 100 and 200 rupee notes!, what will happen to the old currency?
- India’s largest domestic airline IndiGo announces affordable Holi airfares starting at Rs 1,199
- Akasa Air: Up to 15% off on flights across domestic and international routes
- Good news for 1.2 crore central government employees and pensioners, announcement on DA hike possible tomorrow
