Fixed deposits are the safest investment option for many Indians as they offered assured returns with capital safety. You can open an FD account with the public, private, small finance as well as foreign banks. Take a look at interest rates offered by different small finance banks in India.
|Bank||<1 Year||>=1 to <=2||2 to <=3||3 to <=5|
|AU Small Finance Bank||7||7.63||7.77||7.5|
|Equitas Small Finance Bank||7.5||8||8.25||7|
|Fincare Small Finance Bank||7||8.5||9||8|
|Jana Small Finance Bank||8.25||8.5||8.4||8.25|
|Suryoday Small Finance Bank||7.75||8.25||8.5||9|
|Ujjivan Small Finance Bank||7||8||8.1||7|
Data taken from respective bank’s website as on 31 Dec 19. For each year range, maximum offered interest rate is considered; Interest Rate for normal fixed deposit amount below Rs 1 Cr. Compiled by BankBazaar.com, a neutral online marketplace for loans and credit cards.