FD- Want to earn more on FD? These small finance banks are giving up to 7.77% return

FD Update- If you are thinking of making a fixed deposit (FD) and want to get more interest, then Small Finance Banks (SFBs) can be a better option for you. Usually, big banks like State Bank of India (SBI) offer 6.25 percent to 6.45 percent interest on FDs of 1 to 3 years. On the other hand, Small Finance Banks offer higher returns to attract customers. The interest rate in these banks ranges from 7.1 percent to 7.77 percent.

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Jana Small Finance Bank

Jana Small Finance Bank (Jana SFB) is at the top of this list. It gives 7.77 percent interest on FDs of 1-3 years i.e. on an FD of Rs 1 lakh, you will get Rs 7,770 annually.

Suryoday Small Finance Bank

Suryoday Small Finance Bank (Suryoday SFB) gives 7.75 percent interest. Here, an annual return of Rs 7,750 will be available on an FD of Rs 1 lakh.

Utkarsh Small Finance Bank

Utkarsh Small Finance Bank (Utkarsh SFB) offers an interest rate of 7.65 percent, which means there will be a benefit of Rs 7,650 on an FD of Rs 1 lakh.

Equitas Small Finance Bank and ESAF Small Finance Bank

Equitas Small Finance Bank (Equitas SFB) and ESAF Small Finance Bank both offer 7.6 percent interest. Here, an FD of Rs 1 lakh will give an annual return of Rs 7,600.

Ujjivan Small Finance Bank

Ujjivan Small Finance Bank (Ujjivan SFB) gives 7.45 percent interest, which means an annual return of Rs 7,450 will be given on an FD of Rs 1 lakh.

AU Small Finance Bank

AU Small Finance Bank (AU SFB) offers 7.1 percent interest, which means you will get Rs 7,100 annually on an FD of Rs 1 lakh. Overall, if you are looking for higher returns than big banks like State Bank of India, then FDs of Small Finance Banks may be a better fit for you.