Highest Interest Rate on FD: People invest their savings in FD for safe investment with guaranteed income. If you want better returns on FD, then you can invest your money in banks offering bumper interest rates.
Safe investment
Highest Interest Rate on FD: FD i.e. Fixed Deposit is the safest and most popular means of investment. For safe investment with guaranteed income, people invest their savings in FD. If you want better returns on FD, then you can invest your money in banks offering bumper interest rates. Let us tell you that to attract customers, banks and non-banking financial companies (NBFCs) offer bumper interest rates. We are going to tell you about five such NBFCs, where instead of 6, 7 or 8 percent interest, interest rates up to 9.6 percent are available on FD.
Suryoday Small Finance Bank
If you are planning to invest in FD then Suryoday Small Finance Bank is a good option. Suryodal Small Finance Bank is getting bumper returns on FD. This bank is offering you up to 9.60 percent interest on FD. If you get an FD here for 5 years, you get a bumper interest offer ranging from 9.10 percent to 9.60 percent for senior citizens.
Unity Small Finance Bank
Similarly, Unity Small Finance Bank offers 9 percent interest to general citizens and up to 9.50 percent interest to senior citizens on FD of 1001 days. Let us tell you that senior citizens get additional interest of 0.5 percent compared to ordinary people.
Fincare Small Finance Bank
Similarly, in Fincare Small Finance Bank, you get 8.51 percent interest on FD of 1000 days. If senior citizens make FD in this bank then they get 9.11 percent interest.
Equitas Small Finance Bank
In this small finance bank, where common people get 8.50 percent interest on FD of 888 days, senior citizens get up to 9 percent interest for the same period.
ESAF Small Finance Bank
Customers investing in ESAF Small Finance Bank get 8.50 percent interest on deposit tenure of less than 3 years, while senior citizens get 9 percent interest.
Also Read-
- Cyber fraud in income tax return filing, know how to protect yourself
- Best SIP Invest: SIP of only Rs 5,400 will make you a millionaire, know how to invest?
- New Rules: New rules of credit card will be implemented from June 18
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
