FD Interest Rates: Compared to many big government and public sector banks of the country, small finance banks are offering higher interest rates to customers on FD schemes.
Small Finance Banks FD Rates: Despite many investment options available, people still like to invest money in FD schemes. We are telling you about such small saving banks which are giving the benefit of higher interest rates to the customers in a period of only three years as compared to other banks. This list has been made on the basis of data from BankBazaar.
Suryoday Small Finance Bank is offering 8.60 percent interest rate to customers on three-year FD. In such a situation, if you invest Rs 1 lakh for a total of three years, you will get Rs 1.29 lakh on maturity.
Jana Small Finance Bank and Utkarsh Small Finance Bank are offering interest rate of 8.50 percent on three year FD. In such a situation, you will get a return of Rs 1.29 lakh on an investment of Rs 1 lakh.
Fincare Small Finance Bank is offering 8.11 percent interest on three-year FD. In such a situation, on an investment of Rs 1 lakh, you will get a return of Rs 1.27 lakh.
AU Small Finance Bank is offering 8 percent interest rate to its customers on 3 year FD. In such a situation, if you invest Rs 1 lakh for three years, you will get a return of Rs 1.27 lakh.
North East Small Finance Bank is offering customers an interest rate of 7.75 percent on three-year FD. In such a situation, instead of Rs 1 lakh, you will get Rs 1.26 lakh after three years.