Best FD Rates: Earn bumper returns by opening an FD with these banks—interest rates up to 8.10% are on offer; check the list..

It is important to understand that interest rates vary across banks, depending on the bank category and the deposit tenure. Currently, select small finance banks are offering impressive interest rates of up to 8.10% to their customers. In contrast, major private sector banks are offering maximum returns of 7.35%, while public sector banks offer a maximum FD interest rate of 6.75%.

At present, Utkarsh Small Finance Bank offers the highest returns on fixed deposits. The bank is offering a record interest rate of 8.10% on a special FD tenure of 666 days. For other tenures, the bank offers 6.00% for a 1-year FD, 7.50% for 3 years, 7.00% for 5 years, and 6.75% for a long-term FD of 10 years.

Suryoday Small Finance Bank is also offering 8.10% interest on FDs with a 30-month tenure. The bank offers 7.25% interest on 1-year and 3-year FDs, 7.90% on 5-year FDs, and 7.25% on 10-year FDs.

Shivalik Small Finance Bank offers an attractive interest rate of 7.80% on a special short-term FD scheme with a tenure of 21 to 22 months. Additionally, the bank offers 6.00% interest on a 1-year FD, 6.75% for 3 years, and 6.25% for long-term FDs of 5 and 10 years.

Jana Small Finance Bank is also among the banks offering excellent returns on FDs. The bank offers 7.77% interest to customers on fixed deposits with tenures ranging from 3 to 5 years. If you wish to opt for shorter or longer tenures, the bank offers interest rates of 7.00% on a 1-year FD, 7.50% on a 3-year tenure, and 6.50% on a long-term 10-year FD.

ESAF Small Finance Bank is offering an attractive interest rate of 7.75% on medium-term FDs (2 to 3 years). Interest rates stand at 4.75% for a 1-year FD and 6.00% for a 3-year tenure, while 5-year and 10-year fixed deposits earn 5.75% interest.

To attract customers, Slice Small Finance Bank is offering 7.75% interest on an FD with a unique tenure of 18 months and 2 days. Additionally, investors can earn annual interest of 6.25% on a 1-year FD, 7.50% on a 3-year tenure, 7.00% on a 5-year tenure, and 6.50% on a 10-year FD.

Equitas Small Finance Bank is offering customers 7.75% interest on a special 888-day FD. Furthermore, those opting for 1-year and 3-year FDs will receive 7.10% interest, while the bank offers 7.00% interest on long-term fixed deposits of 5 and 10 years.

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