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Check Which Small Finance Bank Is Offering The Highest FD Returns

·1-min read
Image by Pixabay
Image by Pixabay

Fixed deposit is one of the most preferred investment instruments in our country as their offer assured returns, ease of investment and high liquidity. Small finance banks usually offer the highest fixed deposit rates compared to public, private or foreign banks. Investors could consider investing in FDs of these banks to earn higher returns after a thorough risk assessment. Take a look at interest rates offered by different small finance banks in India on different tenures.

Bank

<1
year

1 to 2
years

2 to 3
years

3 to 5
years

w.e.f

AU Small Finance Bank

5.25

6.35

6.5

6.25

Apr 01

Equitas Small Finance Bank

5.25

6.35

6.5

6.25

Jun 01

Fincare Small Finance Bank

5

6

6.25

6.5

May 17

Jana Small Finance Bank

5.5

6.5

6.5

6.75

May 07

Suryoday Small Finance Bank

6.25

6.75

7

7.25

Feb 15

Ujjivan Small Finance Bank

5.2

6.5

6.75

6.75

Mar 05

Disclaimer: Data as on respective banks’ websites on June 18, 2021. Interest rates are for normal fixed deposits amounting below Rs. 1 crore for tenures up to 5 years. Compiled by BankBazaar.com.

BankBazaar.com is India’s leading online marketplace for credit cards, loans and more.

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