Highest FD Rates: This bank has increased interest rates on FD, chance to get up to 9 percent return – equitas small finance bank is giving 9 percent interest on fd

Highest FD Rates: This bank has increased interest rates on FD, chance to get up to 9 percent return – equitas small finance bank is giving 9 percent interest on fd

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New Delhi:Most of the people in the country prefer to invest in FD. There are many advantages of investing in FD. The amount invested in it remains completely safe. If you are also thinking of getting FD, then you have a great opportunity. Equitas Small Finance Bank has increased the interest rates on FDs. The bank is now giving a handsome interest of 9% on FD. The new interest rates have become effective from 11 April 2023. The bank is giving investment opportunity on tenure ranging from 7 days to 10 years. Let us tell you that the repo rate has been increased several times by the Reserve Bank of India in the last few months. After the increase in repo rate, banks are also increasing the interest rate on FD. In this sequence, now Equitas Small Finance Bank has also increased the interest rates on FDs.

This post office scheme is giving more interest than bank FD, will also get the benefit of tax savings

These are the interest rates of FD

In Equitas Small Finance Bank, senior citizens will get an interest rate of 9 percent on the FD scheme maturing in 888 days. At the same time, the bank is giving 8.5 percent interest rate to ordinary citizens on the same tenure. 3.5% interest rate will be available on FDs maturing between 7 days to 29 days. Investors will get 4% interest on fixed deposits maturing between 30 days to 45 days. Will give an interest rate of 4.5 percent for FDs maturing between 46 days to 90 days. Paying an interest rate of 8.20 per cent on fixed deposits maturing in one year and 18 months. 7.75 percent interest rate will be available on FDs of 18 months and one day to two years.

Retail Inflation Data: Big relief! Inflation came to the lowest level of 15 months, the prices of these products decreased, see full details

Benefits to senior citizens

8 percent interest rate will be available for FDs maturing between two years and one day and three years. 7.5 percent interest rate will be available on FDs of three years and one day to four years. Offering an interest rate of 7.25 per cent for fixed deposits maturing in four years and one day to 10 years. Equitas Bank is offering 8.5 per cent interest rate on FDs maturing in 888 days.

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