New Delhi: North East Small Finance Bank has hiked fixed deposit interest rate has been hiked. No other SFB currently gives this high interest rates on term deposits. Small Finance banks are currently giving the highest interest rates on fixed deposits in the industry. These banks are certainly paying higher interest than both public and private banks. Let’s find out which other SFBs are currently industry best interest rates on term deposits and for what tenure.
North East Small Finance Bank FD interest rate
North East Small Finance Bank has hiked fixed deposit interest rate to as high as 9.75 per cent on the tenure of 546-1111 days. This North East Small Finance Bank FD interest rate is applicable for senior citizens. General citizens will get 9.25 per cent on this FD.
Equitas Small Finance Bank FD rates
Equitas Small Finance Bank gives as high as 8.50 per cent on FDs of tenure of 444 days. Senior citizens will get an additional of 0.50 per cent i.e. 9.00 per cent on FD of this tenure.
Suryoday Small Finance Bank FD rates
Suryoday SFB is giving as high as 8.65 per cent interest on FDs of tenure of 2 years and 2 days. The elderly get as high as 9.01 per cent rate.
AU Small Finance Bank FD Rates
Whereas, AU Small Finance Bank is giving highest of 8.00 per cent on FDs of 18 months. Plus, senior citizens will get 0.50 per cent additional rates.
Utkarsh Small Finance Bank FD rates
Utkarsh Small Finance Bank is giving interest rate of as high as 8.50 per cent but on FDs of 1,500 days. Senior citizens get 9.10 per cent rate on this FD.
Unity Small Finance Bank FD Rates
Unity Small Finance Bank currently gives as high as 8.95 per cent on FDs of tenure of 701 days. The elderly get as high as 9.45 per cent rate of interest on this term deposit.
Small Finance Banks Fixed Deposit Interest Rates:
Bank
Tenure
Interest Rate (%) General Citizens
Interest Rate (%) Senior Citizens
North East SFB
546-1111 days
9.25
9.75
Unity Small Finance Bank
701
8.95%
9.45%
Suryoday Small Finance Bank
2 yrs 2 days
8.65%
9.1%
Equitas Small Finance Bank
444 days
8.5%
9%
AU Small Finance Bank
18 months
8%
8.5%
Utkarsh Small Finance Bank
1500 days
8.5%
9.1%
Source: Banks’ Website
North East Small Finance Bank FD interest rate goes as high as 9.75 per cent for senior citizens. Unity Small Finance Bank FD rates go as high as 8.95 per cent for general citizens. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today