9.5% FD interest rate: In today’s time, most of the investors look for such investment options for themselves in which they get higher returns. Most people consider FD for a safer investment than the stock market, mutual funds. Now the Reserve Bank of India (RBI) has got the benefit of increasing the repo rate to control the rising inflation.
9.5% FD interest rate: In today’s time, most of the investors look for such investment options for themselves in which they get higher returns. Most people consider FD for a safer investment than the stock market, mutual funds. Now the Reserve Bank of India (RBI) has got the benefit of increasing the repo rate to control the rising inflation.
Most of all public, private and small finance banks increased the interest on Fixed Deposit. Most of the small finance banks have increased the interest on FDs. These banks are offering the highest interest of 9.50 per cent on FD. Among all the banks, Unity Small Finance Bank is offering the highest interest rate. This bank is offering 9.50 percent interest to the customers. This interest is being given to senior citizens.
These are finance banks giving more than 9 percent interest on FD.
1) Unity Small Finance Bank : The bank is giving 9.00% interest to general public and 9.50% interest to senior citizens on 1001 days FD.
2) Jana Small Finance Bank: The bank is giving 8.10 per cent interest to general public and 8.80 per cent interest to senior citizens on FDs of more than two to three years.
3) Suryoday Small Finance Bank : The bank is giving 8.51 per cent interest to general public and 8.76 per cent interest to senior citizens on FDs of 999 days.
4) Ujjivan Small Finance Bank : The bank is giving 8.00 per cent interest to general public and 8.75 per cent interest to senior citizens on FDs of 560 days.
5) Utkarsh Small Finance Bank : The bank is giving 8.00 per cent interest to general public and 8.75 per cent interest to senior citizens on FDs of 700 days.
6) North East Small Finance Bank : The bank is giving 8.00 per cent interest to general public and 8.75 per cent interest to senior citizens on FDs of 1111 days.
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