After increasing the repo rate of RBI, the interest rate on FD is being increased by banks in recent times. For this reason, some banks are offering interest of up to 9.00 percent on FDs.
Bank FDs are a good option for risk-averse investors. At present, after increasing the repo rate from RBI, along with big government and private banks, small finance banks and post offices are offering attractive interest to investors.
Compared to big banks, investors are being given more interest in small finance banks and post offices. Today, in this report, we will give information about the interest rate being received on FDs by investors in small finance banks.
Interest rate on FD in post office and small finance banks
- FD interest rate in post office : 7.00 percent interest is being given to general and senior citizens on five-year FD in post office.
- Unity Small Finance Bank is giving 9.00 percent interest to general citizens and 9.50 percent to senior citizens on 1001 days FD.
- In Jana Small Finance Bank, 8.10 percent interest is being given to general citizens and 8.80 percent interest to senior citizens on FDs for a period of two to three years.
- On behalf of Suryoday Small Finance Bank, 8.51 percent interest is being given to citizens below 60 years of age and 8.76 percent to senior citizens on 999 days FD.
- Equitas Small Finance Bank is giving 8.00 percent interest to general citizens and 8.50 percent interest to senior citizens on 888 days FD.
- Ujjivan Small Finance Bank gives 8.00 percent interest on 560 days FD and 8.75 percent interest to senior citizens.
- Fincare Small Finance Bank is giving interest of 8.11 percent to general public and 8.71 percent to senior citizens on 750 days FD.
- On behalf of Utkarsh Small Finance Bank, 8.00 percent interest is being given to general citizens and 8.75 percent interest to senior citizens on 700 days FD.
- North East Small Finance Bank is giving 8.00 percent interest to general citizens and 8.75 percent interest to senior citizens on 1111 days FD.
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We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
