Highest FD Interest Rates for Senior Citizens: The business of all the small finance banks working in India is continuously growing. Small finance banks are giving more interest on FDs to their customers than commercial banks. This is the reason why now people are increasingly opening FD accounts in these small finance banks along with banks. Here we will talk about those small finance banks which are giving the highest interest on fixed deposits to senior citizens. Let us tell you that senior citizens are given 0.5 percent more interest on FDs than normal customers. But there is also a small finance bank which is giving 0.6 percent more interest to senior citizens than normal customers.

Jana Small Finance Bank

Jana Small Finance Bank is offering the highest interest rate of 8.75% to senior citizens on FD schemes with tenures of 365 days, 730 days and 1095 days.

Equitas Small Finance Bank

Equitas Small Finance Bank is offering the highest interest rate of 9.00% to senior citizens on FD schemes with tenures of 444 days.

Also Read- Bank FD Rate Hike: PNB revises its fixed deposit interest rates; check latest rates here

Utkarsh Small Finance Bank

Utkarsh Small Finance Bank is offering 0.6 percent more interest to senior citizens on FD schemes than general customers. This bank is offering the highest interest rate of 9.10% to senior citizens on FD schemes with tenures of 730 days to 1095 days and 1500 days.

Suryodaya Small Finance Bank

Suryodaya Small Finance Bank is offering the highest interest rate of 9.10% to senior citizens on fixed deposit schemes with tenures ranging from 2 years and 1 day to 3 years.

Unity Small Finance Bank

Unity Small Finance Bank is offering the highest interest rate of 9.50% to senior citizens on FD schemes with tenures ranging from 1001 days.

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Highest FD Interest Rates for Senior Citizens: World Senior Citizen Day, celebrated for the first time in the year 1991, is now celebrated every year on 21 August. Today is 21 August and World Senior Citizen Day is being celebrated all over the world today. To make this special occasion memorable, you can open an FD account in the name of your parents, grandparents. Here we will tell you about those banks which are giving a huge return of 9.5 percent to senior citizens.

These banks are giving more interest than regular commercial banks

Yes, all the small finance banks of the country are offering higher interest on fixed deposits to senior citizens than regular commercial banks. Here we have taken out information about the highest interest plans being given on FDs to senior citizens by 6 different small finance banks. The maximum interest in these is 9.5 percent and the minimum interest is 8.75 percent.

Jana Small Finance Bank

Jana Small Finance Bank is giving 8.75% interest to senior citizens on FDs with tenure of 365 days, 730 days and 1095 days.

Equitas Small Finance Bank

Equitas Small Finance Bank is giving 9.00% interest to senior citizens on FDs with tenure of 444 days.

Utkarsh Small Finance Bank

Utkarsh Small Finance Bank is giving 9.10% interest to senior citizens on FDs with tenure of 730 days to 1095 days and 1500 days.

Also Read- Special FD: These banks are offering up to 8.85% interest on limited period FDs, get FD done quickly

Suryoday Small Finance Bank

Suryoday Small Finance Bank is offering 9.10% interest to senior citizens on FDs with tenures ranging from 2 years to 3 years.

Unity Small Finance Bank

Unity Small Finance Bank is offering 9.50% interest to senior citizens on FDs with tenures ranging from 1001 days.

North East Small Finance Bank

This bank is offering 9.50% interest to senior citizens on fixed deposits with tenures ranging from 546 days to 1111 days.

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The post Highest FD Interest Rates: These banks will give bumper interest up to 9.5% to senior citizens, check FD details first appeared on Rightsofemployees.com.

Highest FD Interest Rates: If you are planning to invest in FD this time after seeing good interest rates, then this news is useful for you. Bumper interest is being given on FD by some private banks. After the repo rate reached 6.5 percent, many banks are giving good returns on FD. Unity and Suryoday Small Finance Bank are giving more than 9 percent interest to their customers. The investment on some tenure FDs from both these small finance banks is much higher than investment schemes like PPF, Employees Provident Fund (EPF) and Sukanya Samriddhi Yojana (SSY).

Unity Small Finance Bank

Unity Small Finance Bank is giving interest between 4.5% to 9% to regular customers. The bank is giving an annual interest of 9.5% to senior citizens. This interest is being given on FD with a period of 1001 days. But for general investors this interest is 9%. Senior citizens get interest rates ranging from 4.5% to 9.5% from the bank on deposits maturing in 7 days to 10 years.

Suryoday Small Finance Bank

Suryoday Small Finance Bank is offering interest between 4% to 9.1% to general customers on FDs maturing between 7 days to 10 years. From the bank, senior citizens are getting interest ranging from 4.5% to 9.6% on deposits maturing in 7 days to 10 years. The highest interest rate of 9.1% is offered on a tenure of five years. Suryoday Small Finance Bank said that regular customers can get interest rate of 9.10% on deposits of 5 years. For senior citizens, this interest rate is 0.5 percent higher i.e. 9.60%.

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The post Highest FD Interest Rates: Good news! Interest in these banks is higher than PPF-Sukanya Samriddhi first appeared on Rightsofemployees.com.

Although there are many investment options available in the market. But even today Fixed Deposit (FD Rates) is considered the safest and best option. In which investors get a return in a fixed time. There is no effect of market fluctuations on this. At present, many big banks are giving better returns to their customers on fixed deposits. But today we have brought for you information about FD rates of some such banks in which customers are being given huge returns in just three years.

AU Small Finance Bank and Equitas Small Finance Bank

are offering 8 percent interest to customers making three-year fixed deposits in AU Small Finance Bank and Equitas Small Finance Bank. If an investor invests Rs 1 lakh in these FDs, then after three years this amount will become Rs 1.27 lakh. This FD, which gives huge returns in such a short period of time, remains a favorite of the people.

Suryoday Small Finance Bank

Suryoday Small Finance Bank is offering 8.60 percent interest to bank customers on three-year FD. If you invest in this FD scheme for three years, then after three years you will get 1.27 percent interest.

Deutsche Bank

Deutsche Bank is also giving tremendous returns to its customers on FD. You would be given 7.75 percent interest on FD only for three years. If you invest Rs 1 lakh in Deutsche Bank’s FD scheme for three years, then after three years you will get a return of Rs 1.26 lakh.

That means, if you want to invest your money for three years in a place where you get good returns and there is no risk of market fluctuations, then you can invest in these three banks.

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