Fixed Deposits (FDs) are a popular and secure investment choice, providing guaranteed returns. For those seeking higher returns, several banks
and non-banking financial companies (NBFCs) offer attractive interest rates to entice investors. Let’s delve into some notable options offering interest rates of up to 9.6 percent on FDs.
Suryoday Small Finance Bank
Suryoday Small Finance Bank presents a compelling option for FD investments.
With an offer of up to 9.60 percent interest, investors can secure substantial returns.
Notably, senior citizens can enjoy even higher interest rates ranging from 9.10 percent to 9.60 percent on a 5-year FD.
For a five-year deposit, the bank presents an attractive interest range from 9.10 percent to 9.60 percent for senior citizens.
Unity Small Finance Bank
Unity Small Finance Bank follows suit with its competitive interest rates.
Offering 9 percent interest to the general populace and up to 9.50 percent to senior citizens on a 1001-day FD, it ensures attractive returns.
Senior citizens receive an additional 0.5 percent interest compared to regular investors.
Notably, senior citizens enjoy an additional interest rate of 0.5 percent compared to regular investors, further enhancing their returns.
Fincare Small Finance Bank and Equitas Small Finance Bank
Both Fincare Small Finance Bank and Equitas Small Finance Bank offer lucrative interest rates on FDs.
While ordinary investors receive 8.50 percent interest on an 888-day FD,
Senior citizens can avail themselves of up to 9 percent interest for the same tenure.
Senior citizens benefit from an increased interest rate of up to 9 percent for the same tenure.
ESAF Small Finance Bank
ESAF Small Finance Bank appeals to investors with its competitive interest rates. With 8.50 percent interest on deposits under 3 years, regular customers find value in their investments.
Senior citizens, on the other hand, enjoy a higher interest rate of 9 percent for the same duration.enhancing the appeal of FD investments in the bank.
