Many small finance banks in the country are offering handsome interest on special FD schemes. Union Small Finance Bank is paying 9.5% interest on 1001 days fixed deposit. Other banks are also included in the list.
Bank FD : Fixed deposit is considered a very good option for savings. The Reserve Bank of India (RBI) did not change the repo rate in April. But despite this, many banks have increased the interest rates on FDs. At the same time some banks are already giving attractive interest on FD. One of these is Union Small Finance Bank. The bank is offering up to 9.5 per cent interest on its special FD schemes.
9.50% interest on 1001 days FD
Union Small Finance Bank is giving 9% interest to general customers on 1001 days FD. At the same time, senior citizens will get the benefit of 9.50 percent interest. Attractive interest is also available on other FD schemes of the bank.
501 days FD is also special
General customers will get the benefit of 8.75 per cent interest on the 501-day Fixed Deposit scheme. At the same time, senior citizens are getting 9.50 percent interest for this scheme.
These two banks are also giving great interest on FD
Many other banks are also giving interest of up to 9% on FD. Utkarsh Small Finance Bank is giving 8.25% interest to general customers on 700 days FD. At the same time, senior citizens are getting 9 percent interest. Apart from this, Equitas Small Finance Bank has 8.5 percent interest rates for general customers on its 888 days FD. On the other hand, senior citizens will get the benefit of 9% interest on this scheme.
( Disclaimer: The purpose of this article is only to share information. discountwalas.com does not recommend investing in any scheme and FD.)
