Invest in FDs: If you are looking to invest in Fixed Deposits (FDs), you can easily earn interest rates of up to 8.1% through these banks. Small finance banks are leading the way with the highest FD rates, while private and public sector lenders are also offering attractive returns across various tenures.
Even a slight difference in FD interest rates can significantly boost returns over the long term, especially for senior citizens investing large sums. Comparing rates across different banks before booking an FD can help maximize interest income without taking on extra risk.
Here is a list of banks offering the highest returns:
Suryoday Small Finance Bank is offering FD interest rates of up to 8.10%.
Utkarsh Small Finance Bank is offering FD interest rates of up to 8.10%.
Equitas Small Finance Bank is offering FD interest rates of up to 8.00%.
Jana Small Finance Bank is offering FD interest rates of up to 8.00%.
Shivalik Small Finance Bank is offering FD interest rates of up to 8.00%.
Ujjivan Small Finance Bank is offering FD interest rates of up to 7.80%.
Disclaimer: This content has been sourced and edited from Money Control. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
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