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Home Personal Finance These three banks are paying more interest on FD than SBI, ICICI...

These three banks are paying more interest on FD than SBI, ICICI and HDFC Bank, check latest rate

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FD Interest Rates: Some Small Finance Banks (SFBs) are offering attractive interest rates as compared to top lenders. However, they have also cut rates. Small finance banks are offering the highest interest rates between 6.75 per cent and 7 per cent.

When it comes to investing with guaranteed returns, bank fixed deposits remain a popular investment product not only among senior citizens who are looking for guaranteed income, but also among investors who are looking for a low risk appetite. Looking for investment tools. Before doing FD, you should compare the interest rates of banks, otherwise you may have to suffer a loss.

Investors put their money in the bank which gives them the highest interest rate, but the rate offered by top lenders like State Bank of India (SBI), HDFC Bank, ICICI Bank and others is sometime. falling from. Conversely, some Small Finance Banks (SFBs) are offering attractive interest rates as compared to top lenders. However, they have also cut rates.

Small finance banks are offering the highest interest rates between 6.75 per cent and 7 per cent. We are telling you about some banks which are offering more interest on FD than big lenders.

FD interest rates-

>> Suryoday Small Finance Bank FD rates Suryoday Small Finance Bank FD rates

According to the website of Suryoday Small Finance Bank, Suryoday Small Finance Bank gives interest ranging from 3.25 percent to 6.75 percent on deposits maturing in 7 days to 10 years.

>> North East Small Finance Bank FD rates (North East Small Finance Bank FD rates)

North East Small Finance Bank offers an interest rate of 3 per cent to 7 per cent on FDs maturing in 7 days to 10 years.

>> Jana Small Finance Bank FD rates (Jana Small Finance Bank FD rates)

Jana Small Finance Bank offers interest rates ranging from 2.5 percent to 6.75 percent. Utkarsh Small Finance Bank is offering interest rates ranging from 3 percent to 6.75 percent.

Interest on FDs of big lenders

The country’s largest public sector bank State Bank of India (SBI) will give interest ranging from 2.9 percent to 5.4 percent to common customers on FDs between 7 days to 10 years.

HDFC Bank offers interest ranging from 2.50 percent to 5.50 percent on deposits maturing between 7 days to 10 years.

At the same time, ICICI Bank gives an interest rate of 2.5 percent to 5.50 percent on deposits maturing in 7 days to 10 years.

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