Bank’s FD interest rates: There are many banks that offer interest rates ranging from 7.5% to 8.5% on fixed deposits (FDs). Term deposits or FDs are considered ideal for those who are looking at high liquidity and cannot stomach much risk. Top lenders like State Bank of India (SBI), ICICI, HDFC Bank, Axis Bank, and others offer FDs ranging from 7 days to 10 years. Some Small Finance Banks are offering more than 8% interest to general customers, and more than 8.5% to senior citizens across select maturities. These banks have also reduced the interest rate in the coronavirus pandemic. Earlier these banks were offering up to 9% interest rate.

Jana Small Finance Bank latest FD interest rates

Jana Small Finance Bank gives 3.5% to 7.50% interest on FDs ranging from 7 days to 10 years. Senior citizens get an additional 50 basis points on these deposits. These deposits will fetch interest rates ranging from 4% to 8% for senior citizens. The bank gives the highest rate of interest on deposits with a maturity period of 2 years to 3 years. These deposits will fetch an interest rate of 7.50% and 8% to general customers and senior citizens respectively. Jana Small Finance Bank’s latest FD interest rates are with effect from 11 August.

7-14 days 3.50%

15-60 days 4.25%

61-90 days 5.50%

91-180 days 6.00%

181-364 days 6.50%

1 Year[365 Days] 6.90%

> 1 Year – 2 Years 7.00%

>2 Years-3 Years 7.50%

> 3 Year- < 5 Years 7.00%

5 Years 7.00%

5 Years – 10 Years 6.50%

Suryoday Small Finance Bank newest FD curiosity rates

Suryoday Small Finance Bank supplies a common fixed deposit to its clients with a minimal deposit quantity of 1000. Suryoday Bank FD rate ranges from 4% to eight.25% for common clients and 4.5% to eight.60% for senior residents relying upon the tenure. The financial institution offers the best rate of curiosity on deposits maturing in 5 years. These deposits will fetch pursuits 8.25%, 8.5% to common folks, and senior residents respectively. For deposits maturing in additional than 2 years to three years, Suryoday Small Finance Bank offers 8.10% to common clients and eight.60% to senior residents. Suryoday Bank’s newest FD curiosity rates are with impact from 1 August.

7 days to 14 days 4.00%

15 days to 45 days 4.00%

46 days to 90 days 5.00%

91 days to six months 5.50%

Above 6 months to 9 months 6.50%

Above 9 months to lower than 1 Year 7.00%

1 Year to 2 years 7.25%

Above 2 Years to three Years 8.10%

Above 3 Years to lower than 5 Years 7.75%

5 Years 8.25%

Above 5 years to 10 years 7.25%

North East Small Finance Bank newest FD interest rates

North East Small Finance Bank offers curiosity rate starting from 4% to eight% to common public and 4.5% to eight.50% to senior residents on FDs maturing in 7 days to 10 years. The financial institution offers the best rate of curiosity on deposits maturing in 730 days to lower than 1095 days. These deposits will fetch pursuits 8%, 8.5% to common folks, and senior residents respectively. Nort East Small Finance Bank’s newest FD curiosity rates are with impact from 1 June.

7-14 Days 4.00%

15-29 Days 4.00%

30-45 Days 4.00%

45-90 Days 4.25%

91-180 Days 4.50%

181-364 Days 5.50%

12 months to 729 days 7.50%

730 days to lower than 1095 8.00%

1096 days to lower than 1825 days 7.00%

1826 days to lower than 3650 days 6.50%

Utkarsh Small Finance Bank newest FD interest rates

Utkarsh Small Finance Bank offers curiosity rate starting from 3.25% to eight% to common public and three.75% to eight.50% to senior residents on FDs maturing in 7 days to 10 years. The financial institution offers the best rate of curiosity on deposits with maturity interval 700 days. These deposits will fetch senior residents 8.5% curiosity. For common customers, the rate of curiosity shall be 8%. These deposits are with an impact on 14 August.

7 Days to 45 Days 3.25%

46 Days to 90 Days 3.75%

91 Days to 180 Days 4.50%

181 Days to 364 Days 6.50%

365 Days to 699 Days 7.25%

700 Days 8.00%

701 Days to 3652 Days 7.25%