But on the other hand, this is also bad news for the people investing in fixed deposits. Usually after the reduction in repo rate, commercial banks reduce the interest rates on fixed deposits, due to which the annual return on the investment amount decreases. But at present, some banks are still offering an annual return of 9.5 percent to their customers.

Unity Small Finance Bank is giving 9.5% annual return

Unity Small Finance Bank is offering attractive interest rates ranging from 4.50 percent to 9 percent to its general FD customers, while senior citizen customers are being given the highest interest rate of 9.5 percent. However, this return on FD will depend on the tenure. Let us tell you that these rates are applicable on FDs maturing in 7 days to 10 years. Let us tell you that Unity Small Finance Bank is offering the highest interest of 9.00% for FD of 501 days and 9.50% for 1001 days. The updated interest rates are applicable on February 12.

Suryoday SFB is getting 9.10 percent interest

At the same time, Suryoday Small Finance Bank is offering a return of 8.60% on FDs maturing in 5 years for its ordinary citizens, while for senior citizens, it is offering an interest rate of 9.10% on FDs of normal duration. At the same time, the bank is giving interest ranging from 4 percent to 8.60 percent on FDs maturing in a period of 7 days to 10 years, while senior citizens are getting 0.50 percent higher interest rate on the same period.

Utkarsh Small Finance Bank is giving this much percentage return

Apart from this, Utkarsh Small Finance Bank is offering the highest interest rate of 8.50% to its general customers on FDs maturing in 1500 days, while senior citizens are getting a return of 9.10 percent on FDs of similar duration. At the same time, the bank is offering 4 percent to 8.5 percent annual interest on fixed deposit schemes ranging from 7 days to 10 years for general citizens, while customers above 60 years of age are offering a return of 4.60 to 9.10 percent per annum for the same tenure.

Related Articles:-

• Big relief for employees! Major change in LTC rates, Cabinet approves
• New excise Policy: Now liquor will not be available without POS, heavy fine will be imposed
• Employees Transfer Rule: Government has amended the transfer rules for government employees, know all details
• School Closed: Big relief for children! Schools will remain closed for these many days, check all details
• Train Cancelled: Railways canceled many trains on this route, see the list

The post High Return on FD: These 3 banks are offering up to 9.5% annual return, know full details first appeared on Rightsofemployees.com.

The rate of interest given on the amount deposited in the savings account varies from bank to bank. Some banks are giving interest between 7 to 8 percent depending on the balance amount of the savings account. Today we are telling you about some such banks which are offering the highest interest rate on savings account.

DCB Bank (up to 8 percent)

DCB Bank offers 7 to 8 percent interest depending on the balance on the savings account. This bank is giving 8.00 percent interest rate on balance from 10 crores to less than 200 crores in the account. These interest rates are applicable from 8 May 2023.

Fincare Small Finance Bank (up to 7.5 per cent)

Fincare Small Finance Bank is offering 7.5 per cent interest on Savings Account. Changes have been made in the interest rates on 1 August. Accounts with a balance of Rs 5 lakh to Rs 25 lakh will get a maximum interest rate of 7.25 per cent. 7.25 percent interest will be available on the balance from Rs 25 lakh to Rs 50 lakh. If the balance is between Rs 50 lakh and Rs 2 crore, then the interest will be up to 7.5 percent.

IDFC FIRST Bank (up to 7%)

IDFC First Bank is offering up to 7% interest on balances above Rs 10 lakh and less than Rs 5 crore. These new rates are applicable from 1 July 2023.

Suryoday Small Finance Bank (up to 7 per cent)

Suryoday Small Finance Bank is offering 7.00 per cent interest on savings accounts with a balance of Rs 5 lakh to Rs 2 crore. At the same time, interest of 6.75 per cent is available on the balance from Rs 1 lakh to Rs 5 lakh.

ESAF Small Finance Bank (up to 7.5 per cent)

ESAF Small Finance Bank is offering up to 7.5 per cent interest on balances between Rs 10 crore and less than Rs 2 crore in savings accounts. The bank is paying 7.25 per cent interest on the balance of less than 50 lakhs to 2 crores in the savings account and 7 per cent interest on the balance of less than 5 crores to 10 crores.

The post These banks are offering..! Get up to 8% interest on savings account first appeared on Rightsofemployees.com.