Small finance banks FD: FD is still considered the best option for investment. But many times people shy away from investing in FD due to low returns, but today we will tell you about the fixed deposits of many such banks where you will get interest up to 9 percent. Small finance banks provide the benefit of higher interest rates to the customers.
Small finance banks are giving 8 to 8.5 percent interest to customers. So you should also check the interest rates of all the banks before investing. From AU Small Finance Bank to Jana Small Finance Bank, many names are included in this list.
AU Small Finance Bank
AU Small Finance Bank is offering interest at the rate of 3.75% to 8% to ordinary citizens for a period between 7 days to 10 years. Apart from this, interest at a record rate of 8% is available on FD maturing in 18 months. Rates are effective from January 24, 2024.
Equitas Small Finance Bank
Equitas Small Finance Bank offers interest rates ranging from 3.5% to 8.50% to general citizens for deposit tenures between 7 days to 10 years. Apart from this, the bank is giving record interest rate of 8.50% on FD maturing in 444 days. These rates are effective from 21 August 2023.
ESAF Small Finance Bank
ESAF Small Finance Bank offers interest on FDs ranging from 4% to 8.25% to ordinary citizens for tenures between 7 days to 10 years. A record interest rate of 8.25% is being given on FDs maturing between two years to less than three years. These FD interest rates are effective from January 1, 2024.
Fincare Small Finance Bank
Fincare Small Finance Bank is offering FD interest ranging from 3% to 8.61% to general citizens for tenure between 7 days to 10 years. Apart from this, the bank is giving the highest interest of 8.61% on FD maturing in 750 days. These rates are effective from October 28, 2023.
Jana Small Finance Bank
Jana Small Finance Bank is offering interest at the rate of 3% to 8.50% to the general citizens for the tenure ranging from 7 days to 10 years. At the same time, customers are getting interest at the rate of 8.50% on FDs maturing in 365 days. FD rates are effective from January 2, 2024.
Suryoday Small Finance Bank
Suryoday Small Finance Bank is offering interest on FD ranging from 4% to 8.65% to general citizens for a period between 7 days to 10 years. At the same time, interest is being given at the rate of 8.65% on FD maturing in 2 years and 2 days.
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