Best FD Interest Rates: Fixed deposits (FDs) are one of the most popular ways to save money in India. Here the investment is safe. Along with this, good returns are available and opening an account in this scheme is also easy. In Fixed Deposit, you can deposit a lump sum amount in the bank for a fixed period. At the end of the period, you get interest along with the amount invested by you.
If you are also thinking of investing in FD in the coming days, then you should know where you will get the best interest. Small finance banks will give more interest than big banks like SBI, PNB in the country. While you get up to 7% interest on FD in SBI, PNB. At the same time, you can earn interest up to 9% in small finance banks. Let us know the interest rate on FDs in some small finance banks.
9 Months- 7.50%
9 months 1 day to less than 12 months – 7.00%
12 Months- 8.25%
12 months 1 day to 560 days – 8.00%
561 days to 990 days – 7.75%
991 days to 60 months – 7.20%
365 days to 699 days – 8.00%
700 days to less than 2 years – 8.25%
2 years to 3 years – 8.50%
More than 3 years to less than 4 years – 8.25%
4 years to 1499 days – 7.75%
1500 days- 8.50%
501 days – 8.75%
502 days to 18 months – 7.85%
18 months to 700 days – 7.90%
701 days - 8.75%
702 days to 1000 days – 7.90%
1001 days - 9.00%
6 months 1 day to 12 months – 7.25%
12 months 1 day to 15 months – 7.85%
15 months 1 day to less than 18 months – 7.50%
18 Months- 8.00%
18 months 1 day to 24 months – 7.75%
24 months 1 day to 36 months – 7.50%
Note: The interest rate details given are taken from the websites of these Small Finance Banks.