Highest FD rates of interest: These two banks supply 9% returns on mounted deposits

Highest FD rates of interest: Customers can now reap the benefits of increased mounted deposit (FD) rates of interest provided by these two banks. You can now obtain over 9 per cent rate of interest on FDs with Unity and Suryoday small finance banks. The FD charges provided by these two small finance banks on choose tenures are approach increased than a lot of the funding schemes just like the Public Provident Fund (PPF), Employees’ Provident Fund (EPF), Sukanya Samriddhi Yojana (SSY), amongst others.

Here are banks providing 9% rate of interest to normal prospectsUnity Small Finance Bank newest FD rates of interest

For common customers, it gives rates of interest between 4.5% to 9%. It at present offers senior residents with an rate of interest of 9.5% p.a. on mounted deposits invested for phrases of 1001 days, respectively, whereas retail buyers get 9% for a similar phrases. Senior residents get an rate of interest starting from 4.5% to 9.5% on deposits maturing in seven days to 10 years. The deposit rate of interest stands revised from 14th June 2023. The highest rate of interest of 9% is obtainable on a tenure of 1001 days.

1001 Days 9.00% (normal prospects)

1001 Days 9.50% (senior residents)

Suryoday Small Finance Bank will now present mounted deposit rates of interest between 4% to 9.1% to normal prospects on deposits maturing in seven days to 10 years. Senior Citizens will get an rate of interest starting from 4.5% to 9.6% on deposits maturing in seven days to 10 years. The highest rate of interest of 9.1% is obtainable on tenure of 5 years. These charges are relevant from July 5, 2023. “The best part is that regular customers can now get a 9.10% interest rate on 5 years deposit, while senior citizens can get a 9.60% interest rate,” statedSuryoday Small Finance Bank in an official assertion.

5 Years 9.10% (normal prospects)

5 Years 9.60% (senior residents)

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Updated: 18 Jul 2023, 02:02 PM IST