Fixed deposits (FDs) remain a popular investment choice due to their assured returns, with interest rates ranging up to 9%. Small finance banks offer attractive interest rates, with North East Small Finance Bank offering 9% for FDs with maturities between 546 to 1111 days. Other small finance banks, such as Unity, Jana, and Equitas, offer interest rates between 8.25% to 8.60% for different term lengths. Private banks, like Bandhan, DCB, RBL, and IDFC First, offer interest rates between 7.90% to 8.05% for various term lengths. Public sector banks, such as Indian Bank, State Bank of India, and ICICI Bank, offer interest rates between 7.25% to 7.40% for different term lengths. IndusInd Bank stands out with a 7.99% interest rate for FDs maturing in 1 year and 5 months to less than 6 months. The article provides a comprehensive overview of the interest rates offered by various banks for fixed deposits, helping individuals make informed investment decisions.
Get up to 9% interest on your Fixed Deposits with these top banks offering the highest rates – see the list now!
by newsworm | Jan 6, 2025 | Banking, Equitas Small Finance Bank, ICICI Bank, IDFC Bank, Indian Bank, IndusInd Bank, Jana Small Finance Bank, RBL Bank, State Bank of India | 0 comments