Business News: In the case of fixed deposits (FD), many small banks are currently paying huge interest. These small finance banks are paying up to 9.75 percent interest on their FDs. Let us know where the highest interest is being offered on FDs right now.
State Bank of India: Talking about big banks, SBI is giving interest between 3.50 to 7.00 percent on its FDs ranging from 7 days to 10 years. 7.10 percent interest is being given on the 400-day special FD Amrit Kalash scheme, while 7.25 percent interest is being given on the 444-day Amrit Vrishti scheme. There is up to 0.50 percent more interest for senior citizens.
AU Small Finance Bank: AU Small Finance Bank is offering interest rates of up to 8.00 percent on FDs ranging from 7 days to 10 years. The maximum interest of 8 percent is being offered on fixed deposits of 18 months or one and a half years.
Utkarsh Small Finance Bank: Utkarsh Small Finance Bank is offering interest ranging from 4% to 8.50% on fixed deposits ranging from 7 days to 10 years. Senior citizens are getting interest rates ranging from 4.60 to 9.10% for FDs of the same tenures.
Suryoday Small Finance Bank: Suryoday Small Finance Bank is offering interest ranging from 4% to 8.65% for the general public and 4.50 to 9.10% for senior citizens on its FDs ranging from 7 days to 10 years.
Unity Small Finance Bank: This bank is offering 4.50 to 9 percent interest on fixed deposits of 7 days to 10 years. 9 percent interest is being offered on 1001 day fixed deposit while 8.75 percent interest is being offered on FDs of 501 days and 701 days. Senior citizens are being offered 0.50 percent more interest on this.
North East Bank: North East Small Finance Bank is offering interest rates of 3.25 to 9 percent on FDs of 7 days to 10 years. For senior citizens, interest rates start from 3.75 percent and go up to 9.50 percent. If you make a non-callable FD of 546 to 1,111 days and the amount is between Rs 1 to 5 crore, you will get 9.25 percent interest. The interest rate for senior citizens is 9.75 percent.
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