FD Rates: In the month of September, there are 15 such banks which are giving more than 8 percent interest on FD. If you also want to take advantage of 8 percent interest on FD, then you can invest in them. Public banks, private banks, small finance banks and foreign banks are included in the list of banks giving 8% interest on FD.
These are the 15 banks giving interest rate of 8% or more on FD:
1. AU Small Finance Bank
Interest rate: 8%
Period: 18 months
2. Equitas Small Finance Bank
Interest rate: 8.50%
Period: 444 days
3. ESAF Small Finance Bank
Interest rate: 8.25%
Period: 2 years to less than 3 years
4. Jana Small Finance
Interest rate: 8.25%
Period: 365 days to 1095 days
5. Northeast Small Finance Bank
Interest rate: 9%
Period: 546 days to 1111 days
6. Suryoday Small Finance Bank
Interest Rate: 8.65%
Period: 2 years 2 days
7. Ujjivan Small Finance Bank
Interest rate: 8.25%
Period: 12 months
8. Unity Small Finance Bank
Interest rate: 9%
Period: 1001 days
9. Utkarsh Small Finance Bank
Interest rate: 8.50%
Period: 2 years to 3 years; 1500 days
10. Bandhan Bank
Interest rate: 8%
Period: 1 year 9 months
11. DCB Bank
Interest rate: 8.05%
Period: 19 months to 20 months
Also Read-Â Â Post Office Senior Citizens Savings Scheme Account: Senior Citizens will get monthly benefit of Rs 20500, check scheme details
12. RBL Bank
Interest rate: 8.10%
Period: 500 days
13. SBM Bank India
Interest rate: 8.25%
Period: More than 18 months to less than 2 years 3 days
14. Yes Bank
Interest rate: 8%
Period: 18 months
15. Deutsche Bank
Interest rate: 8%
Period: More than 1 year to 3 years
These banks have recently revised FD rates
Four banks Karnataka Bank, Bank of Baroda, City Union Bank of India and Bank of India have recently revised their FD rates. The official websites of the banks have a complete list of FD rates available to the general public and senior citizens. If you want to avail higher interest rates on your savings, then this may be the right time to invest in fixed deposits.
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IDFC FD Rates: IDFC First Bank has revised the interest rate on FD, check the interest rate
