Even today, when it comes to secure returns, people prefer to invest in fixed deposit schemes. In such a situation, if you are also planning to invest in FD, then you must first check the interest rates offered by different banks.
Many times, in haste or by mistake, we end up losing ourselves. At present, many big banks of the country are getting less interest than small finance banks. Let us know which are those banks which are giving better returns than banks like SBI, HDFC.
Some small finance banks are offering interest on FDs between 6.75% to 7%. According to the website of Suryoday Small Finance Bank, the bank is offering 3.25% to 6.75% interest on fixed deposits from 7 days to 10 years. At the same time, interest is getting from 3% to 7% on FDs of 7 days to 10 years in North East Small Finance Bank. Jana Small Finance Bank is offering interest ranging from 2.5% to 6.75%. Utkarsha Small Finance Bank is offering interest ranging from 3% to 6.75%.
State Bank of India is offering interest ranging from 2.9% to 5.4% on FDs of 7 days to 10 years to general customers. HDFC Bank is offering returns ranging from 2.50% to 5.50% on FDs of 7 days to 10 years. ICICI Bank is offering interest ranging from 2.5% to 5.50% for the same period.
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