After the increase in the repo rate, loans have become costlier in many banks. Many banks have increased FD interest rates. Yes Bank, Suryoday Small Finance Bank and Unity Small Finance Bank have fixed new rates for fixed deposits.
Bank FD Interest: If you too can earn handsome profits by investing in Fixed Deposits. RBI has already given a shock to the customers by increasing the repo rate. After which the burden of loan and EMI has also increased. But you can earn huge amount by investing in FD of these banks. Many banks have started different special schemes, which you can also take advantage of. In some banks, up to 9% interest is being received, while somewhere 8% interest is being received.
Yes Bank FD Rates
Yes Bank has increased the interest rates. Under the special scheme, interest of up to 3.25 per cent is being received on fixed deposits maturing in 7 days to 14 days. Interest rate of 3.70 on FDs of 15-45 days, 7 percent interest will be available on FDs of 1 year to 36 months. In the special scheme of the bank for 30 months, the general public will get the benefit of interest up to 7.50% and senior citizens up to 8%.
Suryoday Small Finance Bank FD
Senior citizens are getting interest ranging from 4.50% to 9.26% on the FD of this bank. The bank is offering good interest on fixed deposits of 7 days to 10 years. This special scheme is for a limited period, which is valid till 20 December only. In which general customers are getting 9.01% interest and senior citizens are getting 9.26% interest.
Fixed Deposit of Unity Small Finance Bank
Unity Small Finance Bank is also getting interest of more than 9 percent per annum to senior citizens. General customers are getting interest ranging from 4.5% to 8.50%. At the same time, senior citizens are getting interest up to 9%. This benefit is available on FDs below Rs 2 crore. More than 9 percent interest is being received on fixed deposits of 181 and 501 days.
