HDFC Bank is giving 7.75 percent interest to senior citizens on FDs maturing between 5 years 1 day to 10 years. For others, the interest rate for the same period has been fixed at 7 percent.

Fincare Small Finance Bank Senior citizens can get an interest rate of 9.01 percent on FDs maturing in 1000 days. For others, the interest rate has been fixed at 8.41 per cent for the same period.

Unity Small Finance Bank Senior citizens can get an interest rate of 9.50 percent on FDs maturing in 1001 days. For others, the interest rate is 9 per cent for the same tenure.

Utkarsh Small Finance Bank is giving 9% interest to senior citizens on FDs maturing in 700 days. For ordinary citizens, the interest rate for the same period is 8.25 percent.

Equitas Small Finance Bank is giving 9 percent interest to senior citizens on FDs maturing in 888 days. Others are getting 8.5 percent interest for the same period.

State Bank of India (SBI) has extended the validity of Amrit Kalash Special FD (FD) scheme till 30 June 2023. In this, 7.10 percent interest is being offered on 400 days FD. Apart from this, there is an interest rate of 7.60% for senior citizens.

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After May 2022, the Reserve Bank of India (RBI) has increased the repo rate at frequent intervals. After this increase in the repo rate, many big government and private banks of the country have increased their fixed deposit (FD) rates. These banks include big banks like State Bank of India (SBI) and HDFC Bank. Let us know today about those banks which are giving maximum interest on FD to their customers.

Getting 7.80% interest from here

After this increase in interest rates, SBI is giving 3% to 7.10% interest to its general customers. While HDFC Bank is giving 3% to 7.10% interest to its general customers and ICICI Bank is giving 3% to 7.10% interest to its general customers. Apart from this, Punjab National Bank (PNB) is giving interest of 3.50% to 7.25%, RBL Bank 3.50% to 7.80% and Axis Bank 3.50% to 7.26% to its general customers.

Maximum 8.30% interest is being received

On the other hand, SBI is giving interest of 3.50% to 7.60%, HDFC Bank 3.50% to 7.75% and ICICI Bank 3.50% to 7.60% to its senior citizen customers. On the other hand, Punjab National Bank is giving 4% to 7.75% interest to its senior citizen customers while Axis Bank is giving 3.50% to 8.01% interest to its senior citizen customers and RBL Bank is giving 4% to 8.30% interest to its senior citizen customers.

The post Best FD Rate: These banks including SBI are paying interest up to 8.30% on FD, check full list here first appeared on Rightsofemployees.com.