FD Rates: Small finance banks in India are offering attractive interest rates on fixed deposits (FD) to senior citizens. Many banks are offering 8.5% or more interest, so that senior citizens can earn good returns while keeping their savings safe
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FD Rates: Small finance banks in India are offering attractive interest rates on fixed deposits (FD) to senior citizens. Many banks are offering 8.5% or more interest, so that senior citizens can earn good returns while keeping their savings safe.
These banks are offering the highest interest rates
1. Northeast Small Finance Bank
It is offering 9.00% interest rate on FDs ranging from 1 year to 3 years, making it the most attractive short term investment.
2. Suryodaya Small Finance Bank
Offers 9.10% interest rate on 5-year FDs, making it an excellent option for long-term investors.
3. Unity Small Finance Bank
Offers 9.50% interest on 1001 days FD and 8.65% interest on 3-year FDs. This bank is offering higher returns.
4. Jana Small Finance Bank
Offers 8.75% interest on FDs of 1 year to 3 years, making it a profitable opportunity for short and medium-term investors.
5. Equitas Small Finance Bank
It is offering 8.60% interest on 1-year FD and 8.50% interest on 3-year FD, which is the best option to get safe and good returns.
6. Ujjivan Small Finance Bank
It is offering 8.60% interest on 18-month FD, which is an attractive option for medium-term investors. Small finance banks like Northeast (9.00%), Suryodaya (9.10%), and Unity Bank (9.50%) are offering higher returns on FDs than big banks. Senior citizens who want higher interest while keeping their savings safe can invest in FDs of these banks.
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