Bank FD Rates: These small banks are offering more than 8% interest on FD, Check FD details

Bank FD Rates: Small banks are helping customers earn more on FDs. The interest rates offered by them are 1 to 1.25 percent higher than big banks…

Bank FD Rates: Small banks are currently offering higher returns on fixed deposits than big banks. Customers are currently getting 1 to 1.25 percent more interest than big banks on FDs in small finance banks.

Utkarsh Small Finance Bank: This small finance bank is giving up to 8.5 percent interest on fixed deposits to customers. This interest rate is for FDs with a tenure of 2 to 3 years.

Unity Small Finance Bank: Unity Small Finance Bank is giving 9 percent interest to customers on FDs of 1001 days. This is the highest return on FD of any bank or small finance bank.

Equitas Small Finance Bank: Equitas Small Finance Bank is also offering a maximum of 8.5% interest on FDs, which is for FDs of more than 2 years but less than 3 years.

HDFC Bank: The country’s largest bank in terms of size is offering a maximum of 7.4% interest on FDs. Senior citizens are getting 0.50% extra interest, but even then the interest rate remains less than 8%.

State Bank of India: The largest government bank SBI is currently offering a maximum of 7.25% interest on FDs, which is for FDs of 444 days.

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