List of top 3 banks that offer up to 9.50% interest on fixed deposits(FD).
In the last 11 months, the effect of a 2.5 percent increase in the repo rate by the Reserve Bank was seen on fixed deposits.
There has been a significant increase in the interest rates on fixed deposits by almost all the banks.
Let us know about three such small finance banks. Which are offering more than 9 percent interest on FD.
Utkarsh Small Finance Bank FD Rates: General Customer: Minimum 4.5% and maximum 9% Senior Citizens: Minimum 4.5% and Maximum 9.50%
Utkarsh Small Finance Bank revised the interest rates on February 15, and since then these rates are applicable.
Unity Small Finance Bank FD Rates: Duration: 700 days For General Customer: 8.50% For Senior Citizens: 9.25%
Unity Small Finance Bank revised the interest rate on February 27, and since then these rates have remained stable.
Fincare Small Finance Bank Rates: General Customer: Minimum 3% and maximum 8.41% Senior Citizen: Minimum 3.60% and maximum 9.01%
Next: Good news for customers, SBI increased FD interest, Here are the Latest Fixed Deposit Rates for April 2023.