Highest Interest Rate on FD: FD i.e. Fixed Deposit is the safest and most popular means of investment. People put their savings in FD for safe investment with guaranteed income. If you want better returns on FD, then you can invest your money in banks offering bumper interest rates. Let us tell you that banks and non-banking financial companies (NBFCs) offer bumper interest rates to attract customers. We are going to tell you about five such NBFCs, where instead of 6, 7 or 8 percent interest, interest rates of up to 9.6 percent are being offered on FD.
Suryodaya Small Finance Bank
If you are planning to invest in FD, then Suryodaya Small Finance Bank is a good option. Suryodaya Small Finance Bank is offering bumper returns on FD. This bank is offering you up to 9.60 percent interest on FD. If you make an FD here for 5 years, then you get bumper interest offer ranging from 9.10 percent to 9.60 percent for senior citizens.
Unity Small Finance Bank
Similarly, Unity Small Finance Bank gives 9 percent interest to general citizens and 9.50 percent interest to senior citizens on FD of 1001 days. Let us tell you that senior citizens get 0.5 percent additional interest as compared to common people.
Fincare Small Finance Bank
Similarly, in Fincare Small Finance Bank, 8.51 percent interest is available on FD of 1000 days. If senior citizens make FD in this bank, then they get 9.11 percent interest.
Equitas Small Finance Bank
In this Small Finance Bank, while common people get 8.50 percent interest on FD of 888 days, senior citizens get up to 9 percent interest for the same period.
ESAF Small Finance Bank
Customers investing in ESAF Small Finance Bank get 8.50 per cent interest on deposit tenure of less than 3 years, while senior citizens get 9 per cent interest.