Bank FD Rates: For the last two years, investors have been getting excellent interest on FD accounts of banks and NBFCs. If you also want to get good interest on FD, then you should invest money now. The reason for this is that there is a possibility of reduction in FD interest rates in the future, the possibility of increase is very less. Today we will tell you about those banks of the country which are giving the highest interest on fixed deposits.
Bank FD Rates: Unity Small Finance Bank is giving the highest interest on FD in the country. The bank is giving 9% annual interest to general customers and 9.5% to senior citizens on FDs of 1001 days duration. Interest is being given at the rate of 7.85% on 1 year FD, 8.15% for 3 years and 8.15% for 5 years. Senior citizens are being given 0.50% more interest.
North East Small Finance Bank is also giving 9% interest to general customers on 1111 days period and 9.5% annual interest to senior citizens. Similarly, the bank is giving 7% interest to general customers on 1 year FD, 9% on 3 year FD and 6.25% interest on depositing money for 5 years period.
Suryodaya Small Finance Bank is offering 8.65% interest to general customers and 9.15% interest to senior citizens on 2 years 2 days period. The bank’s interest rate for FD with a duration of 1 year is 6.85%, 8.60% for 3 years and 8.25% for 5 years.
Shivalik Small Finance Bank is giving 8.55% annual interest to general customers and 9.05% annual interest to senior citizens on FD with a duration of 18 months to 24 months. The bank is giving 6% interest on FD for one year, 7.50% for 3 years and 6.50% for 5 years.
If you make FD for a period of 2 to 3 years in Utkarsh Small Finance Bank, you will get 8.5% interest. The bank is giving 9.10% annual interest to senior citizens. The interest rate on 1 year FD is 8%, 8.5% on 3 year fixed deposit and 7.75% interest is being given on 5 year FD.
