Bank FD Interest Rate: Banks are offering attractive interest rates on FDs after increasing the repo rate from RBI. Today, in this report, we are going to tell about such bank FDs in which you are getting interest of 9 percent or more. Investment in FD is considered safe.
When it comes to safe investments. FD ie Fixed Deposit is a good option for investors. There is no risk of sinking money in this. Today we are going to tell you about two such FDs in our report, in which investors are getting an annual interest of more than 9 percent. This interest is also higher than small savings schemes like PPF, EPF, Sukanya Samriddhi Yojana etc.
In which bank FD investors are getting 9 percent interest?
Unity Small Finance Bank 1001 Day FD
On behalf of Unity Small Finance Bank, 9.00 percent interest is being given to general investors and 9.50 percent to senior citizens on 1001 days FD. The bank is currently offering investors 4.5 per cent to 9 per cent interest on FDs. The highest interest is being given on FD of 1001 days.
Suryoday Small Finance Bank 5 Year FD
Investors are being given 9.1 percent interest on five-year FDs by Suryoday Small Finance Bank. At the same time, 9.60 percent interest is being given on FDs of this period for senior citizens. Interest ranging from 4 percent to 9.1 percent is being given by the bank to the general citizens. Senior citizens are being given interest ranging from 4.5 percent to 9.6 percent.
Advantages of FD
- There is no risk of sinking investment in FD.
- The return remains fixed on this.
- After increasing the repo rate from RBI, investors are getting attractive interest on bank FDs.
