Today we are going to tell you about such banks which are offering good returns to their customers. Let us tell you that the small finance banks included in the list are giving higher interest rates to their customers than many banks in the country.
In the midst of rising inflation, Indian banks are giving relief to the general public. To encourage people to save, banks are continuously increasing the interest rates on their FD ie Fixed Deposit. In such a situation, people are getting the option of investing in fixed deposits. Many banks are offering interest of up to 9% to senior citizens. In such a situation, it is a matter to think whether the time has come to invest in fixed deposits.
Today we are going to tell you about such banks which are offering good returns to their customers. Let us tell you that the small finance banks included in the list are giving higher interest rates to their customers than many banks in the country.
These banks are getting bumper returns
Small finance banks are also giving you premature withdrawal facility along with fixed deposits. In this, 8-9 percent interest is being offered to regular citizens on fixed deposits of less than two crore rupees. The list of these banks includes Unity Small Finance Bank, Utkarsh Small Finance Bank, Fincare Small Finance Bank, Suryoday Small Finance Bank and Shivalik Small Finance Bank.
Unity Small Finance Bank is offering 9% interest on 1001 days Fixed Deposit.
- Shivalik Small Finance Bank is offering up to 8% return on FDs of 18 to 24 months.
- Suryoday Small Finance Bank is giving up to 8.51% returns on 999 days FD.
- Fincare Small Finance Bank is giving up to 8.41% returns on 1000 days Fixed Deposit.
- Utkarsh Small Finance Bank is giving up to 8.25% returns on 700 days fixed deposits.
Getting more interest than SBI-HDFC
Where on one hand, the country’s big banks SBI, HDFC and ICICI Bank are giving 6.25% to 7% interest to regular citizens. At the same time, Utkarsh Small Finance Bank is paying 8.25 percent interest on 700 days fixed deposit. Fincare Small Finance Bank is giving a return of up to 8.41% on 1000 days FD.
