After this increase in the repo rate, apart from many big government and private banks of the country, small finance banks have also increased their fixed deposit (FD) rates.
During the last 9 months, the Reserve Bank of India (RBI) has increased the repo rate a total of 6 times. After this increase in the repo rate, apart from many big government and private banks of the country, small finance banks have also increased their fixed deposit (FD) rates. After this increase in FD rates, many small finance banks are giving 8% to 9% interest to their customers. Come, today we will know about the FD rates of some such small finance banks which are giving maximum interest to their customers.
Unity Small Finance Bank
Unity Small Finance Bank is giving 4.50% to 9% interest on FDs of 7 days to 10 years to its general customers. While this small finance bank is giving interest ranging from 4.50% to 9.50% to its senior citizen customers on the same period. The increased new interest rates are applicable from February 15.
Jana Small Finance Bank
Jana Small Finance Bank is giving interest ranging from 3.75% to 8.10% on FDs of 7 days to 10 years to its general customers. While the bank is giving interest ranging from 4.45% to 8.80% to its senior citizen customers for the same period. The increased new interest rates of Small Finance Bank are applicable from 1 February.
ESAF Small Finance Bank
ESAF Small Finance Bank is offering 4% to 8.10% interest on FDs of 7 days to 10 years to its general customers. While this small finance bank is giving 4.50% to 8.30% interest to its senior citizen customers for the same period. The increased new interest rates of the bank are applicable from 15 February.
Fincare Small Finance Bank
Fincare Small Finance Bank is paying 3% to 8.11% interest to its general customers on FDs of 7 days to 10 years. While the bank is giving interest ranging from 3% to 8.71% to its senior citizen customers on the same period.
Ujjivan Small Finance Bank
Ujjivan Small Finance Bank is offering 3.75% to 8% interest on FDs of 7 days to 10 years to its general customers. While the bank is giving interest up to a maximum of 8.75% to its senior citizen customers for the same time period. The increased new interest rates are applicable from 5 November 2022.
Suryoday Small Finance Bank
Suryoday Small Finance Bank is offering 4% to 8.51% interest on FDs of 7 days to 10 years to its general customers. While the bank is paying 4.5% to 8.76% interest to its senior citizen customers during the same period. The increased new interest rates are applicable from 21 December 2022.