Even today, when it comes to secure returns, people prefer to invest in fixed deposit schemes. In such a situation, if you are also planning to invest in FD, then you must first check the interest rates offered by different banks.
Many times, in haste or by mistake, we end up losing ourselves. At present, many big banks of the country are getting less interest than small finance banks. Let us know which are those banks which are giving better returns than banks like SBI, HDFC.
Some small finance banks are offering interest on FDs between 6.75% to 7%.
Suryoday Small Finance Bank
According to the website of Suryoday Small Finance Bank, the bank is getting 3.25% to 6.75% interest on fixed deposits from 7 days to 10 years.
North East Small Finance Bank
North East Small Finance Bank is getting 3% to 7% interest on FDs from 7 days to 10 years.
Jana Small Finance Bank
Jana Small Finance Bank is offering interest ranging from 2.5% to 6.75%. Utkarsha Small Finance Bank is offering interest ranging from 3% to 6.75%.
State Bank Of India
State Bank of India is offering interest ranging from 2.9% to 5.4% on FDs of 7 days to 10 years to general customers.
HDFC Bank
HDFC Bank is offering returns ranging from 2.50% to 5.50% on FDs of 7 days to 10 years.
ICICI Bank
ICICI Bank is offering interest ranging from 2.5% to 5.50% for the same period.
