Fixed Deposit Latest Rates: If you also want to get more interest on FD, then this news is for you. Actually this bank is giving more than 9 percent interest on FD.. because of which people are investing heavily in it.
Although the Reserve Bank did not make any change in the repo rate, but there are many financial institutions that have changed the fixed deposit rates to attract customers. Equitas Small Finance Bank is offering up to 9 percent interest to FD investors. The new interest rate is applicable from 11 April. Here, the inflation data that has come for the month of March was 5.66 percent. In such a situation, getting a return of up to 9 percent is an attractive option for traditional investors.
Up to 9 percent interest to senior citizens
According to the information available on the website of Equitas Small Finance Bank, the bank is offering a bumper interest of 9 percent to senior citizens on FDs of 888 days. This interest rate for individual is 8.5 percent. The new interest rate is applicable from 11 April. This interest rate will be applicable on fixed deposits of less than 2 crores. The minimum interest rate is 3.50 percent and the maximum interest rate is 8.50 percent.
3.5% interest on 7 days FD-
According to the data available on the website of Equitas Small Finance Bank, the interest rate is 3.50 per cent on FDs of 7-29 days, 4 per cent on FDs of 30-45 days, 4.50 per cent on FDs of 46-90 days, 91-180 days FDs. But 5.25 per cent, 6.25 per cent interest is being received on FDs of 181-364 days.
8.50% interest on FD for 888 days-
8.20 percent on FDs from 1 year to 18 months, 7.75 percent on FDs from 18 months 1 day to 2 years, 8 percent on FDs from 2 years 1 day to 887 days and 8.50 percent on FDs of 888 days. Are getting. NRE / NRO account holders will also get its benefit. Senior citizens will get an additional benefit of 50 basis points in the interest rate. In this case, the interest rate for them becomes 9 percent.
8% interest will be given for 889 days-
8% on FDs from 889 days to 3 years, 7.50% on FDs from 3 years 1 day to 4 years, 7.25% on FDs from 4 years 1 day to 5 years and 5 years 1 day to 10 years 7.25 percent interest is available on FDs up to one year. Senior citizens will get an additional benefit of 50 basis points in the interest rate. However, this is not applicable for NRE/NRO accounts.
