After increasing the repo rate by the Reserve Bank of India, many banks have increased the interest rates of fixed deposits. Unity Small Finance Bank and Fincare Small Finance Bank are paying more than 9 percent interest on FD.
Bank FD Rates : Fixed Deposit is considered a great way of investment. Many banks have increased FD interest rates after the RBI increased the repo rate. Some banks are even paying up to 9% interest on FDs. If you also want to earn profit by investing in Fixed Deposit, then this news can prove to be of great use to you. Here is the list of such banks which are offering more than 9% interest on FD.
Unity Small Finance Bank
Unity Small Finance Bank is offering attractive interest on fixed deposits. Ordinary citizens are getting 9 percent interest on FDs of 1001 days by the bank. At the same time, senior citizens are getting 9.50 percent interest.
Fincare Small Finance Bank
Fincare Small Finance Bank is also offering more than 9 per cent interest on its special fixed deposit scheme. The bank is offering this facility on 1000 days FD. Senior citizens are getting 9.01 percent interest. On the other hand, general customers will get the benefit of 8.41 percent interest.
Attractive interest will also be available on FD of these banks
Suryoday Small Finance Bank, Ujjivan Small Finance Bank, Jana Small Finance Bank, Utkarsh Small Finance Bank and North East Finance Bank are also providing interest of more than 8 percent to the customers.