FD Rate Hike: Many banks have increased the interest rates on FD in the month of March. Now investors are getting interest up to 9.25 percent on FD.
Latest FD Rates: If you are looking for high interest rate options for FD, then this news is for you. In the month of March, FD interest rates have been increased by three banks. In these banks, interest up to 9.25 percent is being given on FDs of less than Rs 2 crore.
Ujjivan Small Finance Bank
Ujjivan Small Finance Bank is offering interest ranging from 3.75 percent to 8.50 percent to general investors. Maximum interest of 8.5 percent is being given by the bank on FD of 15 months. Senior citizens are getting additional 0.50 percent interest on FDs of all tenures. Apart from this, 8.25 percent interest is being given on one year FD, 7.75 percent interest on 990 day FD and 6.50 percent interest on 5 year FD. The interest rates were changed by the bank on March 7.
Shivalik Small Finance Bank
Shivalik Small Finance Bank is offering interest ranging from 3.50 percent to 8.70 percent to general investors. At the same time, the bank is giving interest ranging from 4 percent to 9.20 percent to senior citizens. The highest interest in the bank is available on FDs of 12 months to 18 months. 7 percent interest is being given on 5 year FD in the bank. The bank had changed the interest rates on FD on March 2.
Suryoday Small Finance Bank
Suryoday Small Finance Bank is offering interest ranging from 4 percent to 9.01 percent to investors. Senior citizen investors are getting interest ranging from 4.40 percent to 9.25 percent. The highest interest being given in the bank is on FD of 9.25 percent. 8.25 percent interest is being given on 5 year FD in the bank. The bank had changed the interest rates on March 1.
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