Fixed Deposit Interest Rate: FD investors are in for a treat, these banks are offering 9.5% interest...

Talking about investment, some people like to invest in the stock market, while some like to invest in mutual funds. There are many investment options available in the market. But these days the option of FD i.e. Fixed Deposit is becoming very popular.

Indian people mostly like to invest in FD. The biggest reason for this is good returns and safe investment. If you are looking for banks that give higher interest to invest in FD, then this news is useful for you. Actually, at present, some banks in the country are offering up to 9.5 percent interest on FD (FD interest rate).

Most of the banks in the country give more interest to senior citizens on FD than to common citizens. Similarly, compared to big banks SBI, HDFC, and Axis Bank, small banks give more interest to customers on fixed deposits. Some Small Finance Banks (Small Finance Bank FD Interest Rate) are now giving up to 9.5 percent interest on FD to senior citizens.

North East Small Finance Bank is currently giving the highest interest on FD in the country. If a senior citizen opens an FD account in the bank for 3 years, then the bank will give him interest at the rate of 9.5 percent per annum.

Suryoday Small Finance Bank is second in terms of giving the highest interest on FD (Best FD Rate). The bank is giving 9.1 percent interest to senior citizens on 3-year fixed deposits.

Utkarsh Small Finance Bank is also giving a maximum of 9.1 percent interest to senior citizens on FDs of 3 years duration. In this way, the interest rates of Suryoday Small Finance Bank and Utkarsh Small Finance Bank are the same.

If a senior citizen makes a fixed deposit for 3 years in Jana Small Finance Bank, then he will get interest at the rate of 8.75 percent per annum.

Unity Small Finance Bank and Equitas Small Finance Bank are also included in the list of banks giving the highest interest to senior citizens. Both the banks are offering 8.5 percent interest on three-year FD.

AU Small Finance Bank is offering 8 percent interest to senior citizens. This offer is also for bank FDs made for 3 years.

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