FD Rates 2023: These small finance banks offer up to 9% return on fixed deposits
Fixed Deposits (FD) are popular investment options in India, thanks to the guaranteed returns banks, post office and NBFCs offer. After the Reserve Bank of India hiked the benchmark lending rate to 6.50 per cent in the recent MPC meeting, several banks have increased their FD rates. Here, we will tell you about 5 small finance banks that offer up to 9 per cent return on FDs.
North East Small Finance Bank
The North East Small Finance Bank is offering an 8 per cent return to the general public and 9 per cent to senior citizens on FDs of 1111 days.
Unity Small Finance Bank
The Unity Small Finance Bank is offering a 9 per cent return to the general public and 9.50 per cent to senior citizens on FDs on 1,001 days.
Suryoday Small Finance Bank
Suryoday Small Finance Bank is offering an interest rate of 8.51 per cent to the general public and 8.76 per cent to senior citizens on FDs for a tenure of 999 days.
Jana Small Finance Bank
Jana Small Finance Bank is offering an 8.10 per cent return to the general public and 8.80 per cent to senior citizens on FDs having a tenure of 2 to 3 years.
AU Small Finance Bank
AU Small Finance Bank is offering a 7.75 per cent return to the general public and 7.98 per cent to senior citizens on FDs with a tenure of 24 Months 1 Day to 36 Months.