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Fixed Deposit (FD rates) is an investment that people still trust a lot. There are two major reasons behind it. The first reason is the return guarantee and the second reason is the fear of losing money. Due to these two reasons it is popular among people even today. This is the reason why banks keep changing fixed deposits from time to time.
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1- Capital Small Finance Bank –
The bank is offering investors a return of up to 7.15 percent on one-year FDs. However, if a person keeps a 400-day FD in a bank, he will earn 7.6 percent interest. Senior citizens are getting 8.10 percent interest for the same time frame.
2- Equitas Small Finance Bank
The bank has fixed the interest rate for fixed deposits at 8.20 percent. Bank is offering 8.50 percent interest on 444 day FD to investors.
Which bank offers more than 9 percent interest?
1 – Capital Small Finance Bank – 8.10 percent —- 400 days (tenure)
2- Equitas Small Finance Bank – 8.5 percent — 444 days (time limit)
3- Utkarsh Small Bank – 9.10 percent —- 2-3 years (time limit)
4- Jana Small Finance Bank – 9.0 percent —- 2-3 years (Tenure)
5- Ujjivan Small Finance Bank — 8.25 percent — 560 days (time limit)
Jana Small Finance Bank – Bank offers 8 percent interest on 1 year FD. Senior citizens will get 9 percent interest on 2 to 3 year FD.
Ujjivan Small Finance Bank – Bank will offer 8.25 percent interest on 560 days FD. Also, senior citizens will get an additional 50 basis points.