Fixed Deposit Interest Rate: If you want up to 9 percent return on FD, invest money in this bank today itself...
Indians invest a lot of money in fixed deposits i.e. FD Interest Rate. People prefer FD because of the guarantee of returns and the risk of losing money. For those who want to invest money for the long term, FD is also a good way to keep their capital safe in the short term. The special thing is that small finance banks pay more interest on FD as compared to big banks.
If you make a fixed deposit in a small finance bank, you can easily get 8 to 8 percent annual interest. Big government and private banks are nowhere ahead of small finance banks in terms of interest on FD. However, the risk level of these banks is slightly higher than other government and private banks.
Unity Small Finance Bank is currently offering the highest interest on fixed deposits. If you invest money in FD maturing in 1001 days in Unity Small Finance Bank, then you will get interest at the rate of 9 percent per annum.
Suryoday Small Finance Bank is offering 8.65 percent interest on FDs maturing in two years and two days. Similarly, Ujjivan Small Finance Bank is offering 8.5 percent interest to customers on FD maturing in 15 months.
You can also get good returns by making a fixed deposit in Jana Small Finance Bank FD Interest Rate. The bank is giving interest at the annual rate of 8.5 percent on FD rates maturing in 365 days. Similarly, Equitas Small Finance Bank is also offering 8.5% interest on FD maturing in 444 days.
Utkarsh Small Finance Bank FD Rate is offering 8.5% annual interest on FDs maturing between two years to three years. ESAF Small Finance Bank is also not lagging in terms of interest and the bank is offering 8.25% interest on FDs maturing between more than two years and less than three years.
AU Small Finance Bank is offering 8 percent interest to customers on FDs maturing in 18 months. This interest is much higher than the interest offered by the State Bank of India and HDFC Bank for the same period.
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