The highest interest on FD should earn bumper profits by investing money in these 5 banks

News India Live, Digital Desk: DICGC: Whenever we think of making fixed deposits (FD), our mind first comes to the name of big banks like SBI, HDFC or ICICI. We put our hard earned money in these banks in the name of trust. But do you know that some small banks are paying more interest than these big banks, which can increase your money even faster?

If you also want the most strong returns on your FD, then take a look at the interest rates of these 5 banks.

These 5 banks are giving the most spectacular interest (2 -year -old FD)

1. Sunrise Small Finance Bank (Suryoday Small Finance Bank)
This bank is currently giving one of the most attractive interest rates.

2. Utkarsh Small Finance Bank
This bank is also not behind in the matter of paying interest.

3. DCB Bank (DCB Bank)
DCB Bank is also giving great interest to its customers on FD.

4. RBL Bank (RBL Bank)
RBL Bank is also offering good interest rates.

5. Indusind Bank
This private bank is also giving competitive interest rates to its customers on FD.

Is it safe to keep money in these banks?

Now the question must be coming in your mind whether it is safe to keep money in these small finance banks or small private banks? So let us tell you that according to the rules of the Reserve Bank of India (RBI), your bank in every bank Deposit up to Rs 5 lakh (Principal + interest) is completely safe. On this DICGC (Deposit Insurance and Credit Guarantee Corporation) Get an insurance cover of.

This means that even if a bank sinks, you will get your money back up to Rs 5 lakh.

So next time you think of getting FD, do not be limited to big banks only. By doing some research, you can earn more profits on your hard earned money.

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