Bank Fixed Deposit (Bank FD) is a safe investment. This is the reason why risk-averse people get bank FDs. The special thing is that small finance banks are paying more interest on fixed deposits than the big banks of the country.
Fincare Small Finance Bank: Currently, Fincare Small Finance Bank is paying the highest interest on fixed deposits in the country. The bank is paying 7.50 percent interest on FDs with a tenure of 3 to 5 years up to Rs 1 crore. For more information, you can visit the website of the bank.
Jana Small Finance Bank: After Fincare Small Finance Bank, Jana Small Finance Bank is the second number in the list of banks paying high interest on FD. The bank is offering interest at the rate of 7.35 per cent per annum on FDs with a tenure of 3 to 5 years up to Rs 1 crore.
Ujjivan Small Finance Bank: Ujjivan Small Finance Bank is also offering good interest on fixed deposits. If you make an FD here for a period of 3 to 5 years up to Rs 1 crore, then you will get 7.20 percent interest.
AU Small Finance Bank : AU Small Finance Bank is number four in the list of banks paying high interest on FD. The bank is giving interest at the rate of 6.90 percent on FD. This interest is available on those term deposits of Rs 1 crore which mature in 3 to 5 years.
Suryoday Small Finance Bank: If you make a fixed deposit in this bank too, you will get 6.75 percent interest.