Bank FD: Fixed Deposit is one of the safe and beneficial options for savings. Many banks have changed FD interest rates in June. If you are also planning to invest, then this can prove to be a golden opportunity for you. Many banks are offering great interest on FD these days. Recently some banks have increased the interest on fixed deposits.
Unity Small Finance Bank
Unity Small Finance Bank has increased the interest rates for FDs of less than 2 crores. The new rates have also come into effect from June 14. The bank is giving interest ranging from 4.50% to 9% on FDs to common citizens. The highest interest is available on FD of 1001 days.
IndusInd Bank
In the beginning of this month, IndusInd Bank has changed the interest rates for FDs of less than 2 crores. The bank is offering 3.50 per cent to 7.75 per cent interest to common citizens. The highest interest is being received on FDs ranging from 6 months to 2 years.
IDBI Bank
A few days back, IDBI Bank has increased the interest rates on FDs. There has been a change in the interest rates of schemes less than 2 crores. The bank is paying interest ranging from 3.50 per cent to 6.80 per cent on fire citizens. The highest interest is being received on Amrit Mahotsav FD.
Karur Vyas Bank
Karur Vyas Bank has recently changed the interest rates on Fixed Deposits. The new rates have also become effective from June 15. The bank is giving interest ranging from 4 per cent to 7.30 per cent to the common citizens. The highest interest is on 444 days FD scheme.
Apart from these banks, many other banks have also changed FD interest rates this month. Punjab National Bank had cut the interest rate of fixed deposits on 1 June. Apart from this, Ujjivan Small Finance Bank and RBL Bank had also increased the interest rates.
