News India Live, Digital Desk: FD INTREST RATE: Putting money in fixed deposits (FD) has always been considered safe and reliable. This is a great option for those who want to get good returns on their money without taking risks. Nowadays some banks have brought such FD Investment Scheme, which can give you tremendous profits in a short time.
The special thing is that in these banks you will have FD Great interest up to 9% or more Are getting! Yes, you heard right. Let’s know which are these banks and what are their schemes.
Repo rate decreased, but FD interest increased in these banks!
You will remember that the Reserve Bank of India (RBI) cut the repo rate cut some time ago. The effect of lower repo rate is that it becomes cheaper for banks to take money from RBI, due to which banks often make home loans, car loans, etc. cheaper, but also reduce interest rates on FD and savings accounts.
Many big banks have also done this. But, some in this atmosphere Small Finance Bank There are still giving very attractive interest rates on the Best FD Scheme to woo customers and raise funds. Especially, Senior citizens (senior citizens) For this, the FD schemes of these banks are proving to be icing on gold.
Senior citizens are getting the most benefit!
If you are a senior citizen and want a good and safe return on your deposit capital, then it can be very beneficial for you to do FD in these small finance banks. While big banks are reducing interest rates, these banks are offering high interest rates to senior citizens on FD.
Know which bank is giving how much interest (for senior citizens):
Let’s look at some small finance banks who are giving great interest to senior citizens on a special period of FD:
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Utkarsh Small Finance Bank: This bank on certain periods 9.1% Is giving attractive interest up to.
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Northeast Small Finance Bank: Senior citizens here on 3 -year FD 9% You can get interest up to.
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Jana Small Finance Bank (Jana Small Finance Bank): This bank also on 3 -year -old FD for senior citizens 8.75% Is offering interest.
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Sunrise Small Finance Bank (Suryoday Small Finance Bank): Like Jana Bank, senior citizens here on 3 -year -old FD 8.75% Interest is being received.
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Unity Small Finance Bank (Unity Small Finance Bank): Interest rate for senior citizens in this bank 8.65% Till then.
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Equitas Small Finance Bank (Equitas Small Finance Bank): Senior citizens on 3 -year -old FD here 8.25% Can get interest till
Banks’ interest rates (for senior citizens – at a glance):
| Bank name | Annual interest (up to percentage) |
| Utkarsh Small Finance Bank | 9.1% |
| Northeast small finance bank | 9.00% |
| Jana Small Finance Bank | 8.75% |
| Sunrise small finance bank | 8.75% |
| Unity small finance bank | 8.65% |
| Equitas small finance bank | 8.25% |
,Note: These rates are for FD and senior citizens of the bank’s special period. The rates for ordinary citizens may be slightly low. Before investing, check the latest interest rates and terms and conditions before investing.)
So if you also want to earn great returns on your savings, then you can consider FD schemes of these banks.
The Post FD Investment: More than 9% interest on FD! Senior citizens bat-ball, these small banks are giving big returns, see the list soon! First appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
