Fixed Deposit Rates 2025: If you are looking for FD options to get more interest, then it can be beneficial to keep an eye on the top rates of these small finance banks.
Fixed Deposits Interest Rate 2025: In this period, if you are looking for higher returns in fixed deposits i.e. FD, then some small finance banks can still prove to be a good option. While many big banks have recently reduced the interest rates of FD, some small finance banks are still giving more than 8% interest. Slice Small Finance Bank is currently offering the highest interest of 9%, while the top FD rates of Unity, Suryodaya, Utkarsh and Jana Small Finance Bank are up to 8.60%, 8.40%, 8.25% and 8.20%.
Let us tell you that RBI has cut the repo rate by 100 basis points since February 2025. After this, most of the banks have reduced the interest on FD. But there are still some small finance banks which are giving more than 8% interest to regular customers. Experts believe that if you want higher returns on FD, then it would be better to lock in these rates soon, because the rates in these banks can also decrease anytime.
More than 8% interest is available in these banks:
- Slice Small Finance Bank: Formerly known as North East Small Finance Bank, this bank is currently giving 9% interest on FDs of 18 months 1 day to 18 months 2 days.
- Unity Small Finance Bank: This bank is giving 8.60% interest on FDs of 1001 days.
- Suryoday Small Finance Bank: This bank is giving 8.40% interest on FDs of more than 30 months and up to 3 years.
- Utkarsh Small Finance Bank: This bank is offering 8.25% interest on FDs of 2 years i.e. 730 days to 3 years i.e. 1095 days.
- In Jana Small Finance Bank, the interest rate of this bank on FD of 5 years i.e. 1825 days is 8.20%.
If you want to do FD for 1 year, 3 years or 5 years, then options like Suryodaya, Jana and Unity Bank can give better returns. Based on these interest rates, you can decide your investment plan.
Interest rates are as follows-
Interest rates on 1 year FD:
If you want to do FD for only 1 year, then in this period the highest interest rate is being given by Suryodaya Small Finance Bank, which is 7.90%. After this, Jana Bank is giving interest at 7.50% and Unity Bank at 7.00%. While the rates of Slice and Utkarsh Bank are comparatively lower.
- Suryodaya Bank: 7.90%
Jana Bank: 7.50% - Unity Bank: 7.00%
- Slice Bank: 6.75%
- Utkarsh Bank: 6.25%
Interest rates on 3-year FDs:
The highest interest rates on FDs for a period of 3 years are offered by Slice Bank and Utkarsh Bank – both at 8.25%. This is followed by Unity Bank and Jana Bank at 8.00% and 7.75% respectively. Suryodaya Bank is offering the highest interest rate of 8.40%, but it is applicable for a period of 30 months or more, which is a little over 2.5 years.
- Suryodaya Bank (30 months+): 8.40%
- Slice Bank: 8.25%
- Utkarsh Bank: 8.25%
- Unity Bank: 8.00%
- Jana Bank: 7.75%
Interest rates on 5-year FD:
If you want to do FD for a long period i.e. for 5 years, then Jana Bank is giving the highest interest rate of 8.20%. Apart from this, both Unity and Suryodaya Bank are giving returns at the rate of 8.00%, while Slice and Utkarsh Bank are at 7.75%.
- Jana Bank: 8.20%
- Unity Bank: 8.00%
- Suryodaya Bank: 8.00%
- Slice Bank: 7.75%
- Utkarsh Bank: 7.75%
What things should be kept in mind while doing FD in a small finance bank?
Deposits made in small finance banks are insured up to Rs 5 lakh under DICGC. However, experts believe that caution is necessary while making FDs in such banks, as their operating model is slightly different from regular commercial banks.
Get good returns in a short time
If you want good returns in a short time, then 1 year FD of Suryodaya can be a good option. At the same time, Suryodaya and Slice Bank are better for medium term (2.5 to 3 years). And if you want to invest for 5 years, then Jana Bank’s FD gives the highest return. Before investing, definitely check your relationship, bank’s credit rating and TDS rules.
If you are looking for FD options to get more interest, then it can be beneficial to keep an eye on the top rates of these small finance banks. However, it would be better to invest with caution.
