Fixed Deposit Return: If you want to invest in Fixed Deposit ie FD, then this news can be useful for you. We are telling you about two such banks where you can get a strong return on FD. We are talking about Unity Small Finance Bank and Suryoday Small Finance Bank. Customers can now avail over 9 per cent interest on their FDs in these banks, which are offered by various other investment schemes like Public Provident Fund (PPF), Employees’ Provident Fund (EPF), and Sukanya Samriddhi Yojana (SSY). higher than the applicable rates. Let’s know in detail…
Unity Small Finance Bank: The new FD interest rates of Unity Small Finance Bank are between 4.5 percent to 9 percent for regular customers. Senior citizens of Unity Small Finance Bank can avail an interest rate of 9.5 per cent annually on FDs invested for a tenure of 1001 days. The highest interest rate of 9 per cent is offered for a tenure of 1001 days. Explain that these rates are applicable from June 14, 2023.
Suryoday Small Finance Bank: Suryoday Small Finance Bank offers FD interest rates between 4 per cent and 9.1 per cent to general customers on deposits maturing between seven days and ten years. Suryoday Small Finance Bank interest rate for senior citizens ranges from 4.5 percent to 9.6 percent for the same tenure. The bank offers the highest interest rate of 9.1 per cent for a tenure of five years. Explain that these rates are applicable from 5 July 2023. An official statement by Suryoday Small Finance Bank said that regular customers can now avail 9.10 per cent interest rate on 5-year deposits, while senior citizens can avail a higher rate of 9.60 per cent.
