Utility News: You will also get benefit if you have an account in these banks

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Even after the increasing rates of RBI, many banks are increasing the interest rates on FDs to retain their customers and attract new customers. In this, many new banks and many old banks are also involved. If you have also got FD done in these banks, then you are also sure to get the benefit.

If you get FD done in Shriram Transport Finance, then you are getting an interesting offer of up to 8.90 percent per annum. Bajaj Finserv is also offering up to 7.95 percent interest on FD deposits of up to Rs 5 crore.

Similarly, Unity Small Finance Bank is offering up to 9 percent annual interest for 501 days to senior citizens. SBI is offering common citizens to invest in FDs to its customers for different tenures at interest rates ranging from 3 percent to 6.25 percent.