Fixed Deposit Rates: These seven banks are giving 8.50% interest on FD, this is the best option for regular income

FD Rates: Investing in FD (Fixed Deposit) is the first choice of most people as it is the best option for secure returns. Today the interest on FD is higher than two years ago. Here we are telling you about those FDs in which common people are getting more than 8 percent interest. Most of the small finance banks of the country are giving more than 8 percent interest on FD.

1. AU Small Finance Bank

AU Small Finance Bank is offering FD to common citizens for the tenure of 7 days to 10 years. The interest on this ranges from 3.75% to 8%. Maximum 8% interest is available on FD maturing in 18 months. These rates are applicable from 24 January 2024.

2. Equitas Small Finance Bank

Equitas Small Finance Bank is offering FDs ranging from 7 days to 10 years to common citizens. The interest rate on this is 3.5% to 8.50%. Maximum interest of 8.50% is available on FD maturing in 444 days. These rates are applicable from 21 August 2023.

3. ESAF Small Finance Bank

ESAF Small Finance Bank is offering interest ranging from 4% to 8.25% to common citizens on FD of 7 days to 10 years. Maximum interest available on FD of two years to less than three years is 8.25 percent. These FD interest rates are applicable from January 1, 2024.

4. Fincare Small Finance Bank

Fincare Small Finance Bank is offering interest rates ranging from 3% to 8.61% to general citizens for tenures ranging from 7 days to 10 years. The highest interest rate available on FDs maturing in 750 days is 8.61%. These rates are applicable from 28 October 2023.

5. Jana Small Finance Bank

Jana Small Finance Bank is offering interest ranging from 3% to 8.50% to common citizens on FDs for tenure ranging from 7 days to 10 years. Maximum interest of 8.50% is available on FD maturing in 365 days. These FD rates are applicable from January 2, 2024.

6. Suryoday Small Finance Bank

Suryoday Small Finance Bank is offering 4% to 8.65% interest to common citizens on FD of 7 days to 10 years. Maximum interest of 8.65 percent is available on FD maturing in two years and two days. These rates are applicable from 22 December 2023.

7. Ujjivan Small Finance Bank

Ujjivan Small Finance Bank is offering interest ranging from 3.75% to 8.25% to the common citizens for the tenure ranging from 7 days to 10 years. It is offering maximum interest of 8.25% on FD maturing in 560 days. These rates are applicable from June 1, 2023.