Banks have rapidly increased the interest rates of fixed deposits since last year. Young and old are getting attracted to invest in bank FDs due to the guarantee of returns.
Highest Interest Rates On FD Schemes: Fixed deposit (FD) interest rates have increased rapidly since last year. Many small finance banks are still offering interest rates up to 9 percent on Fixed Deposit. In such a situation, from youth to the elderly are investing in FDs, because investors get the benefit of guaranteed returns. 4 Banks are giving the highest interest rate on FDs maturing in three years.
Equitas Small Finance Bank FD Interest Rate
Equitas Small Finance Bank FD interest rate offers 8 percent interest rate on FDs maturing between 889 to 1095 days (3 years). The bank gives an interest rate of 8.5 per cent to senior citizens on FDs maturing in the same tenure.
Fincare Small Finance Bank FD Interest Rate
Fincare Small Finance Bank FD interest rate is offering an interest rate of 8 percent for FDs maturing between 1001 to 1095 days (3 years). Whereas, senior citizens have been offered an interest rate of 8.6 percent on FDs of the same duration.
Utkarsh Small Finance Bank FD Interest Rate
Utkarsh Small Finance Bank is offering an interest rate of 8.25 percent on fixed deposits maturing between 1000 to 1500 days. At the same time, it has been announced to give interest rate up to 8.85 percent on Fixed Deposit of the same duration for senior citizens.
Suryoday Small Finance Bank FD Interest Rate
Suryoday Small Finance Bank is offering investors an interest rate of 8.6 percent to the general public for FDs maturing between two to three years. At the same time, for senior citizens, the FD interest rate for the same period is being given up to 9.1 percent.
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