Best FD rates- Indian people are now getting interested in the stock market and mutual funds. Due to high returns, a large number of common people are looking for new options by leaving the traditional options of investment.
Best FD Rate: However, experts advise common investors to invest only a small part of their investment in the market instead of investing the entire investment in the market. FD i.e. Fixed Deposit is also one of these safe investment options. Some banks are still giving up to 9.5 percent interest on FD.
Banks give more interest on FD to senior citizens as compared to common customers. Similarly, smaller banks give more interest on fixed deposits to customers as compared to big banks like SBI, HDFC and Axis Bank. Some Small Finance Banks are now giving up to 9.5 percent interest on FD to senior citizens. Today we will give you information about which banks are giving great returns on FD.
North East Small Finance Bank is currently giving the highest interest on FD in the country. If a senior citizen opens an FD account in the bank for a period of 3 years, then the bank will give him interest at the rate of 9.5 percent per annum.
Surya Small Finance Bank is at second place in terms of giving the highest interest on FD. The bank is giving 9.1 percent interest to senior citizens on 3-year fixed deposits.
Utkarsh Small Finance Bank is also giving a maximum interest of 9.1 percent to senior citizens on FDs of 3 years duration. In this way, the interest rates of Suryodaya Small Finance Bank and Utkarsh Small Finance Bank are the same.
If a senior citizen makes a fixed deposit for a period of 3 years in Jana Small Finance Bank, then he will get interest at the rate of 8.75 percent per annum.
Unity Small Finance Bank and Equitas Small Finance Bank are also included in the list of banks offering the highest interest to senior citizens. Both the banks are offering 8.5 percent interest on three-year FDs.
AU Small Finance Bank is offering 8 percent interest to senior citizens. This offer is also for bank FDs made for a period of 3 years.
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