Latest fixed deposit (FD) interest rates that AU, Equitas, Jana, Ujjivan, and other small finance banks offer
Fixed deposits are one of the most popular modes of investment in India, considered to be risk-free investments that guarantee assured returns on maturity with attractive interest rates.
One of the best ways to secure your money is by investing in fixed deposits, which not only help you save money but also earn substantial interest. Competitive Bank FD interest rates enable depositors to get a good return on investment over a fixed tenure. Under the fixed deposit scheme, the depositor deposits the money only once at the time of opening the account. The interest rates offered depend on the bank, deposit amount, and the tenure you choose.
Fixed deposits are one of the most popular modes of investment in India, considered to be risk-free investments that guarantee assured returns on maturity with attractive interest rates.
Here are the top 10 small finance banks in India that offer competitive interest rates for fixed deposits:
AU Small Finance Bank
- Interest Rate: 8%
- Tenure: 18 months
ESAF Small Finance Bank
- Interest Rate: 8.25%
- Tenure: 2 years to less than 3 years
Jana Small Finance Bank
- Interest Rate: 8.25%
- Tenure: 365 days to 1095 days
NorthEast Small Finance Bank
- Interest Rate: 9%
- Tenure: 546 days to 1111 days
Suryoday Small Finance Bank
- Interest Rate: 8.65%
- Tenure: 2 years 2 days
Ujjivan Small Finance Bank
- Interest Rate: 8.25%
- Tenure: 12 months
Unity Small Finance Bank
- Interest Rate: 9%
- Tenure: 1001 days
Utkarsh Small Finance Bank
- Interest Rate: 8.5%
- Tenure: 2 years to 3 years; 1500 days
Equitas Small Finance Bank
- Interest Rate: 8.5%
- Tenure: 444 days