Fixed Deposit: If you want to invest your savings in a safe way, then Fixed Deposit (FD) can be a very good option for you. Investing in FD gives you guaranteed returns ie income after a fixed period
Fixed Deposit: If you want to invest your savings in a safe way, then Fixed Deposit (FD) can be a very good option for you. Investing in FD gives you guaranteed returns ie income after a fixed period. In this era of rising inflation, if a bank gives you more than 8 per cent interest, then it is a very good return. Let us know today about 4 such banks which are giving interest of up to 8.6% to their customers from the month of August.
Suryoday Small Finance Bank
Suryoday Small Finance Bank is offering 4% to 8.60% interest on FDs of 7 days to 10 years to its general customers. The bank is paying the highest interest of 8.60% on FDs ranging from 2 years to 3 years. Apart from this, the bank is also giving an additional 50 basis points interest to its senior citizen customers. These interest rates are applicable from 7th August.
Jana Small Finance Bank
Jana Small Finance Bank is offering 3% to 8.50% interest on FDs of 7 days to 10 years to its customers. At the same time, the bank is paying a maximum interest of 8.50% on FDs of 1095 days. The increased new interest rates have come into effect from 15 August.
Utkarsh Small Finance Bank
Utkarsh Small Finance Bank is offering 4% to 8.50% interest on FDs of 7 days to 10 years to its customers. While the bank is paying the highest interest of 8.50% on FDs of 2 years to 3 years. These increased new interest rates have come into effect from 21 August.
Equitas Small Finance Bank
On investing in FDs of 7 days to 10 years in Equitas Small Finance Bank, customers get interest ranging from 3.5% to 8.50%. While the bank is paying the highest interest of 8.50% on FD of 444 days. The increased new interest rates have come into effect from 21 August.
