FD Rates up to 9%: How much will you get in return by investing Rs 5 lakh in key FDs from Equitas, Ujjivan, Utkarsh, & other small finance banks
A Fixed Deposit (FD) is a low-risk investment where you deposit a fixed amount with a bank for a set tenure at a predetermined interest rate.
Following in the footsteps of main banks, many small finance banks have also increased their fixed deposit (FD) interest rates in the recent past. It has surely benefited investors who can now get a higher interest amount on the same FD. Since small finance banks face more competition in gaining customers, they often provide higher returns on similar duration FDs compared to what PSU lenders or other private sector banks offer.
Here’s a look at top FD interest rates offered by leading small finance banks. Also know how much you can earn on a Rs 5 lakh investment in each of the FDs.
Image: Pixabay, Freepik
(Disclaimer: Our calculations are projections and not investment advice. Do your due diligence or consult an expert for financial planning)
What is FD?
![What is FD? What is FD?](https://cdn.zeebiz.com/sites/default/files/2025/01/28/348503-india-3887568.jpg)
What are small finance banks?
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Small finance banks are specialised financial institutions set up to provide banking services to underserved and unbanked sections of society, such as small businesses, farmers, and low-income groups. These banks are regulated by RBI and offer basic banking services like savings accounts, fixed deposits, loans, and credit facilities.
Equitas Small Finance Bank
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ESAF Small Finance Bank
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Jana Small Finance Bank
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NorthEast Small Finance Bank
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Suryoday Small Finance Bank
![Suryoday Small Finance Bank Suryoday Small Finance Bank](https://cdn.zeebiz.com/ads/placeholder_image-zeebiz.jpg)
Ujjivan Small Finance Bank
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Unity Small Finance Bank
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Utkarsh Small Finance Bank
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