Small Finance Bank FD Interest on FD attracts only more benefit to someone. If you are also planning to invest in FD, then this article can be of new information for you.
FD is your deposit capital. For every person, FD is a great financial help that comes in handy at the time of need. For FD, every customer is attracted by more benefits. If you are also making a long list of different banks for FD, then this article can be of your information.
RBI only regulates
Let us tell you that there are many small finance banks that offer higher interest rates on FDs than any big public and private sector bank. The good thing is that these small finance banks are also regulated by the Reserve Bank of India. However, before making any investment, its complete information is necessary.
Before investing for FD in any small finance bank, it is necessary to check that the bank comes under Deposit Insurance and Credit Guarantee Corporation insurance of Rs 5 lakh.
In this article, you are giving information about different banks, where FD interest rate up to 9.5 percent is available-
Unity Small Finance Bank
Unity SBS is offering 4.50 per cent to 9 per cent interest on FDs with maturity of 7 days to 10 years for general customers. For senior citizens, the bank is offering 4.50 percent to 9.50 percent interest on FDs with maturity of 7 days to 10 years.
On FDs with a maturity of 1001 days, customers can get a maximum interest of up to 9 percent and senior citizens up to 9.50 percent.
Suryoday Small Finance Bank
Suryoday SBS is offering 4 percent to 8.51 percent interest on FDs with maturity of 7 days to 10 years for general customers. For senior citizens, the bank is offering 4.50 percent to 8.76 percent interest for maturity of different time periods. On FDs with a maturity of 999 days, customers can get a maximum interest of up to 8.51 percent and senior citizens up to 8.76 percent.
ESAF
ESAF Small Finance Bank is offering 4 percent to 8.50 percent interest on FDs with maturity of 7 days to 10 years for customers. For senior citizens, the bank is offering 4.50 percent to 9 percent interest on FDs with maturity of 7 days to 10 years.
On FDs with a maturity of 999 days, customers can get a maximum interest of up to 8.50 percent and senior citizens up to 9 percent.