Fixed Deposit: If you want to invest money in fixed deposit schemes without risk, then here is information about some banks, which have increased FD rates during August.
Here is the fixed deposit interest rate of four banks, which have revised their interest rates in the month of August and they are giving 8.6 percent interest to regular customers.
These banks are offering 0.5 percent more interest to senior citizens. Although these are small finance banks, which are giving less and more interest to people on different tenures.
Suryoday Small Finance Bank is giving interest ranging from 4% to 8.6% for General Public. It is offering the highest interest on tenure of 2 to 3 years. At the same time, 0.5 percent more interest is being given to senior citizens. On August 7, it had changed the interest rate.
Jana Small Finance Bank is giving interest of 3 percent to 8.50 percent to the common people on tenure ranging from 7 days to 10 years. This interest rate is effective from 15 August 2023. Its high rate is on tenure of 2 to 3 years.
Utkarsh Small Finance Bank is giving 4% to 8.5% interest to citizens on tenure ranging from 7 days to 10 years. The new rate is effective from 21 August 2023.
The Fixed Deposit interest rate of Equitas Small Finance Bank ranges from 3.5% to 8.50%, which is being offered on tenures ranging from 7 days to 10 years. Its new interest rate is effective from 21 August 2023.
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