High FD Rates: If you are preparing to invest in Fixed Deposit then this can be a good opportunity for you. Because many banks are currently paying high interest on FD.
After increasing the repo rate by the Reserve Bank for the 6th time since May, the repo rate has been increased to 6.50 percent. Because of this, along with the increase in loan interest, the interest of bank schemes has also increased.
Many banks are offering high interest on fixed deposits. Here information is being given about some such banks, which are offering 9% interest on FD.
Fincare Small Finance Bank is offering up to 8.11 per cent interest on FDs to general public and up to 8.71 per cent interest to senior citizens on a minimum investment of Rs 5,000.
Senior citizens can avail interest of up to 8 percent in IDBI Bank’s FD. Also, common citizens can avail the benefit of 7.25 per cent.
Bandhan Bank can give 8.50% interest on FD to senior citizens on 600 days tenure. Yes Bank is paying 8.25 percent interest on 35-month FD.
Suryoday Finance Bank is giving 8.76 percent interest to senior citizens for 999 days. RBL Bank is paying 8.30% interest on FD of 725 days. Ujjivan Finance Bank is paying 8.75% interest on FD for 80 weeks.
