Highest FD Rates: These small banks are paying up to 9% interest on FD, see the complete list here – these banks offer best fixed deposit rates between eight and nine percent

Highest FD Rates: These small banks are paying up to 9% interest on FD, see the complete list here – these banks offer best fixed deposit rates between eight and nine percent

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New Delhi: RBI has increased the repo rate by 2.5 per cent since May last year. It is believed that the repo rate may be increased by 0.25 percent once again in the RBI MPC meeting to be held next week. With the increase in the repo rate, banks have increased the interest rate on Fixed Deposits (FD). Many banks are giving more than eight percent interest on FDs to senior citizens. But very few banks are offering this much interest for regular citizens. Here we are telling you about such banks which are giving up to nine percent interest to regular citizens. The interest rate of these banks is much higher than big banks like SBI, HDFC Bank and PNB.

These banks are offering eight to nine per cent interest on deposits below Rs 2 crore to regular citizens with premature withdrawal facility. These include Unity Small Finance Bank, Utkarsh Small Finance Bank, Fincare Small Finance Bank, Suryodaya Small Finance Bank and Shivalik Small Finance Bank. Shivalik Small Finance Bank) Banks. Unity Small Finance Bank is giving 9% interest on 1001 days tenure. The interest rate for 501 days and 181-201 days tenure is 8.75 per cent.

This scheme, which gives pension of Rs 9,250 every month, is going to be closed, there is a chance of investing in these schemes till 31

interest of big banks

Utkarsh Small Finance Bank is offering 8.25% interest for 700 days tenure. Similarly, Fincare Small Finance Bank is giving 8.41 per cent return for 1000 days tenure. The bank is offering 8.25 per cent interest for tenures of 36 months and 1 day to 42 months. Suryoday Small Bank is offering the highest interest of 8.51% on 999 days tenure. Shivalik Small Finance has the highest rate of 8.15% for a tenure of less than 18 months to 24 months. It will be available on FDs of Rs 25 lakh to Rs 2 crore. SBI is giving 6.25 percent interest to regular citizens and HDFC Bank and ICICI Bank are giving seven percent interest.

Bank Rate of interest tenure
Unity Small Finance Bank 9% 1001 days
Shivalik Small Finance Bank 8% 18 to 24 months
Suryoday Small Finance Bank 8.51% 999 days
Fincare Small Finance Bank 8.41% 1000 days
Utkarsh Small Finance Bank 8.25% 700 days

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