FD Rates: If you are looking for higher interest rate options for FD, then this news is for you. In the month of March, three banks have increased the interest rates on FD. These banks are offering customers more than 9 percent interest rates on FD.
FD Rates: If you are looking for higher interest rate options for FD, then this news is for you. In the month of March, three banks have increased the interest rates on FD. These banks are offering more than 9 percent interest rates to customers on FD. These banks are offering maximum interest of 9.25 percent on FD up to Rs 2 crore.
Ujjivan Small Finance Bank
Ujjivan Small Finance Bank is offering interest ranging from 3.75 percent to 8.50 percent to general investors. The bank is giving maximum interest of 8.5 percent on FD of 15 months. Senior citizens are getting 0.50 percent additional interest on FD. Apart from this, 8.25 percent interest is being given on one year FD, 7.75 percent interest on 990 day FD and 6.50 percent interest on 5 year FD. The bank had changed the interest rates on March 7.
Shivalik Small Finance Bank
Shivalik Small Finance Bank is offering interest ranging from 3.50 percent to 8.70 percent to general investors. The bank is giving interest ranging from 4 percent to 9.20 percent to senior citizens. The bank is giving the highest interest on FDs of 12 months to 18 months. The bank is giving 7 percent interest on 5 year FD. The bank had changed the interest rates on FD on March 2.
Suryoday Small Finance Bank
Suryoday Small Finance Bank is offering investors interest ranging from 4 percent to 9.01 percent. Senior citizen investors are getting interest ranging from 4.40 percent to 9.25 percent. The bank is giving the highest interest on FD of 9.25 percent. The bank is giving 8.25 percent interest on 5 year FD. The bank had changed the interest rates on March 1.
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