FD Interest Rate: Small Finance Banks of India are offering attractive interest rates on Fixed Deposits (FDs) to senior citizens. Many banks are offering 8.5% or more interest, so that senior citizens can earn good returns while keeping their savings safe.
FD Interest Rate: Small Finance Banks of India are offering attractive interest rates on Fixed Deposits (FDs) to senior citizens. Many banks are offering 8.5% or more interest, so that senior citizens can earn good returns while keeping their savings safe.
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These banks are offering the highest interest rates
1. Northeast Small Finance Bank
It is offering 9.00% interest rate on FDs ranging from 1 year to 3 years, making it the most attractive short-term investment.
2. Suryodaya Small Finance Bank
It is offering 9.10% interest rate on 5-year FDs, making it an excellent option for long-term investors.
3. Unity Small Finance Bank
It is offering 9.50% interest on FDs of 1001 days and 8.65% interest on FDs of 3 years. This bank is offering higher returns.
4. Jan Small Finance Bank
It is offering 8.75% interest on FDs of 1 year to 3 years, making it a profitable opportunity for short and medium term investors.
5. Equitas Small Finance Bank
It is offering 8.60% interest on FDs of 1 year and 8.50% on FDs of 3 years, which is the best option to get safe and good returns.
6. Ujjivan Small Finance Bank
It is offering 8.60% interest on FDs of 18 months, which is an attractive option for medium term investors. Small finance banks like Northeast (9.00%), Suryodaya (9.10%), and Unity Bank (9.50%) are offering higher returns on FDs than the big banks. Senior citizens who want higher interest while keeping their savings safe can invest in FDs of these banks.
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