Even today, millions of Indian investors consider fixed deposits (FDs) to be the safest way to invest. FDs are considered the best among risk-free investment options. If you are also planning to invest in FDs, then this story is for you.
Suryoday Small Finance Bank: The bank is paying interest at the rate of 4.00% to 8.60%.
Jana Small Finance Bank: Jana SFB is offering interest ranging from 3% to 8.50% for tenures between 7 days to 10 years
Utkarsh Small Finance Bank: Utkarsh SFB offers an interest rate between 4% and 8.50% for a typical tenor ranging between 7 days to 10 years.
Equitas Small Finance Bank Equitas SFB offers interest rates between 3.5% to 8.50% for tenors ranging from 7 days to 10 years.
the interest rates offered by these banks are significantly higher than the average interest rates offered by other banks. For example, the average interest rate on FDs offered by commercial banks is around 6%.
Note: Before making any decision, consult an expert and contact the nearest branch or official website of the bank. The information provided here is for informational purposes only. It was obtained from newspapers and news channels.
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