look news india
FD Rates: Suryoday Small Finance Bank has increased the interest rates on FDs maturing after 25 months. The bank has increased the interest rate on this FD by 41 basis points (bps) to 9.25 percent. The bank said that this interest rate will be 9.01 percent for regular customers and 9.25 percent for senior citizens.
9.25 percent interest will be available on FD
According to Suryoday Small Finance Bank, banks are offering 4 percent to 9.01 percent interest on FD to the general public and 4.50 percent to 9.25 percent to senior citizens. This interest rate is on FD maturing in seven days to 10 years. This interest rate is available on FD of less than Rs 2 crore. The bank is also offering interest rates up to 7.75 percent to its savings account customers in the slab of Rs 5-25 crore. The bank's total deposits increased by 38 per cent to Rs 6,484 crore at the end of October-December quarter of 2023-24 from Rs 4,697 crore.
These five banks are also giving interest of more than 9 percent
1. Equitas Small Finance Bank FD Interest Rate
Equitas Small Finance Bank is offering FDs ranging from 7 days to 10 years to common citizens. Interest on these FDs ranges from 4% to 9%. The highest interest rate on FD maturing in 444 days is 9%. Senior citizens get 0.50% additional interest. These rates are applicable from 21 August 2023.
2. Fincare Small Finance Bank FD Interest Rate
Fincare Small Finance Bank is offering 3.60% to 9.21% interest to senior citizens on FDs maturing between 7 days to 10 years. The highest interest of 9.21% is being given on FD maturing in 750 days. These rates are applicable from 28 October 2023.
3. Jana Small Finance Bank FD Interest Rate
Jana Small Finance Bank is offering 3.50% and 9% interest to senior citizens on FD of 7 days to 10 years. The highest interest rate of 9% is offered on FDs maturing in 365 days. FD rates are effective from January 2, 2024.
4. Utkarsh Small Finance Bank FD Interest Rate
Utkarsh Small Finance Bank is offering 4.60% to 9.10% interest to senior citizens on FD of 7 days to 10 years. Maximum interest of 9.10 percent is available on FD of two years to three years. These rates are applicable from 21 August 2023.
5. Unity Small Finance Bank FD Interest Rate
Unity Small Finance Bank offers senior citizens interest rates ranging from 4.50% to 9.50% on FDs maturing between 7 days to 10 years. Maximum 9% interest is available on FD maturing in 1001 days. These rates are the second highest interest rates offered. Rates are applicable from 2 February 2024.
