Equitas Small Finance Bank is offering 4 to 9 percent interest on FD for common citizens.
When it comes to investing money, many times people avoid any investment due to market risks. In such a situation, fixed deposit is considered to be the first choice of people, where along with the guarantee of principal amount, there are also good chances of high returns on your money.
Different banks offer different interest rates on their FD schemes. However, due to the rapid growth made by the Reserve Bank in recent times, FD returns have also become attractive. Senior citizens get the most benefit because banks offer additional interest to senior citizens at the normal rate.
Many banks are currently offering interest above 9 percent to their customers. Today we are going to tell you about some such options where you can get more than 9 percent interest.
Equitas Small Finance Bank:
This small finance bank is offering 4 to 9 percent interest on FD for common citizens. The interest rates on FDs of different tenures are different. Talking about the highest interest, this bank is giving 9 percent interest on FD of 444 days. Whereas senior citizens are getting half percent more interest on these rates. That means senior citizens are getting maximum interest of 9.5 percent.
Unity Small Finance Bank
This bank is also offering interest of 9 percent or more to its customers. This offer is for both general customers and senior citizens. In this bank, 9 percent interest is being given to common citizens and 9.5 percent interest to senior citizens on FD of 1001 days duration. Apart from this, banks are offering interest of 9.25 percent for 501 days and 9.45 percent for 701 days to senior citizens.
Fincare Small Finance Bank
Talking about Fin Care Small Finance Bank, here also the bank is offering a maximum interest rate of 9.21 percent. This interest is being offered only to senior citizens. Whereas if someone takes an FD of 750 days, then 9.21 percent interest is being offered on this period. At the same time, common citizens are getting maximum interest of 8.89 percent on the same period.
Jana Small Finance Bank
is also offering 3.5% to 9% interest to senior citizens in this bank. The bank is offering 9 percent interest on FD for 365 days period. Whereas a maximum interest rate of 8.5 percent has been offered to common citizens.
