Many banks are currently offering attractive interest on two-year fixed deposits. If you are also planning to invest in the year 2024, then these FDs can become the best option for you. Let us know which bank is giving how much return.
Bank FD: Many people like to invest at the beginning of the new year. Fixed Deposit (Fixed Deposit) is considered a better option for savings and investment. You can get strong returns on 2 year FD. There are many banks and NBFCs which are offering attractive interest on tenure of 2 years. Many banks are giving 9% interest to senior citizens. Let us know about some such banks-
Suryo day Small Finance Bank
It is a small finance bank recognized by the Reserve Bank of India as a scheduled bank. Currently this bank is offering 8.50% interest to general citizens and 9% interest to senior citizens on two-year FD.
Jana Small Finance Bank
It is a digitalized bank, which is regulated by RBI. This bank is also giving strong returns on two-year fixed deposits. The rates are 8.50% for general citizens and 9% for senior citizens.
ESAF Bank
It is a scheduled bank recognized by RBI, which is famous for providing loans to rural and semi urban customers. This bank is currently giving 8.50% interest to general citizens and 9% interest to senior citizens on two-year FD.
Utkarsh Small Finance Bank
This small finance bank provides banking and financial services. This bank is offering 8% interest to general citizens and 8.60% interest to senior citizens.
IndusInd Bank
This private sector bank may be offering less than 8% interest to common citizens. But it is giving 8.25% interest to senior citizens on 2 years tenure. Whereas the interest rate for general citizens is 7.75%, which is much higher than SBI.
