FDs play an important role in the financial planning of many individuals in india, providing stable and predictable investment returns. Despite the fluctuations in the financial markets, FDs remain a popular choice for investors in india who value stability and reliable returns. Whether you are looking for short-term allocation of money or planning a long-term investment.. Banks or many financial institutions are offering attractive fixed deposit interest rates to meet your financial needs.
Small Finance bank Interest Rates
The interest rates of Small Finance Banks on fixed deposits are high at the moment and due to this people are showing more interest in getting FDs in small banks. The interest rates on fixed deposits of these Small Finance Banks are high at the moment-
North east Small Finance bank offers a high interest rate of 9 per cent on fixed deposits for investment amount less than Rs 3 crore.
Suryodaya Small Finance bank offers an interest rate of 8.6 percent on fixed deposits.
Utkarsh Small Finance bank is offering 8.5 percent interest on fixed deposits.
Jana Small Finance bank offers a competitive interest rate of 8.25 percent on fixed deposits for a period of three years.
Unity Small Finance bank offers a return of 8.15 percent interest rate on fixed deposits.
Interest rate of the country's largest public sector bank SBI
State bank of india offers an interest rate of 5.30 percent to 5.40 percent on FD to general citizens and 5.80 percent to 6.20 percent interest to senior citizens.
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