Small Finance Bank Fixed Deposit Rates
Image Source : PixabayThere are several Small Finance Banks in India. Small Finance Banks were introduced with the objective of furthering financial inclusion. These banks are offering 9 per cent or above interest rates on FDs.
Image Source : PixabayNorth East Small Finance Bank: It is offering 9.25 per cent interest rate on non-callable FDs for amounts between Rs 1 to Rs 3 crore for tenure ranging from 18 months 1 day to 36 months.
Image Source : PixabayUnity Small Finance Bank: The bank is offering a 9.10 per cent interest rate to senior citizens on investments of less than 3 crores for 1001 days.
Image Source : PixabayUtkarsh Small Finance Bank: It offers a 9.10 per cent interest rate to senior citizens on investments of less than Rs 3 crore for deposits between 730 days to 1095 days.
Image Source : PixabayEquitas Small Finance Bank: The highest interest rate offered by the bank is 9 per cent for senior citizens on a tenure of 888 days.
Image Source : PixabayMost banks offer slightly higher interest rates to senior citizens.
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