If you are planning to invest in Fixed Deposit (FD), then this news is very useful for you. Actually, at present, apart from the big public and private sector lender banks of the country, Small Finance Banks are also offering huge interest to their customers on FD.
However, the risk of investing in Small Finance Bank is slightly higher than normal banks. Whereas in terms of returns, Small Finance Banks (SFB) offer much higher interest than normal banks. At present, some Small Finance Banks are offering up to 9.60 percent interest to their customers on FD. Let us know about 10 such Small Finance Banks which are offering the highest interest to their customers on investing in FD.
The highest interest rate available here is 9.60%
Suryodaya Small Finance Bank is offering 9.10 percent interest to its general customers on 5-year FDs and up to 9.60 percent interest to its senior citizen customers. While Unity Small Finance Bank is offering 9 percent interest to its general customers on 101-day FDs and 9.50 percent interest to senior citizen customers. Apart from this, Fincare Small Finance Bank is offering 8.51 percent interest to its general customers on 1000-day FDs and 9.1 percent interest to senior citizen customers.
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On the other hand, Equitas Small Finance Bank is offering 8.50 percent interest to its general customers on 888-day FDs and 9 percent interest to senior citizen customers. At the same time, ESAF Small Finance Bank is offering 8.50 percent interest to its general customers on FDs ranging from 2 years to less than 3 years and 9 percent interest to senior citizen customers.
Here you are getting 9% interest on FD
On the other hand, Jana Small Finance Bank is giving 8.50 percent interest to its general customers and 9 percent interest to senior citizen customers on FDs of 500 days. While Utkarsh Small Finance Bank is giving 8.25 percent interest to its general customers and 8.85 percent interest to senior citizen customers on FDs of 1000 to 1500 days. Apart from this, Ujjivan Small Finance Bank is giving 8.25 percent interest to its general customers and 8.75 percent interest to senior citizen customers on FDs of 560 days.
While Shivalik Small Finance Bank is giving 8.15 percent interest to general customers and 8.65 percent interest to senior citizen customers on FDs of 24 months to 36 months. On the other hand, Au Small Finance Bank is giving 7.75 percent interest to its general customers on FDs of 24 months 1 day to 36 months, while it is giving 8.25 percent interest to its senior citizen customers.
