Small Finance Banks FD Rates: When it comes to safe investments, people often think of bank FDs. After the RBI reduced interest rates earlier this month, many government and private banks have also lowered their rates. However, many small finance banks are still offering 8% to 9% interest on fixed deposits for senior citizens.
01. ESAF Small Finance Bank
Senior citizens get the highest interest rate of 8.25% on fixed deposits with a tenure of 444 days.
02. AU Small Finance Bank
Senior citizens get the highest interest rate of 8.25% on fixed deposits with a tenure of 18 months.
03. Equitas Small Finance Bank
Senior citizens get the highest interest rate of 8.55% on fixed deposits with a tenure of 888 days.
04. Ujjivan Small Finance Bank
Senior citizens get the highest interest rate of 8.75% on fixed deposits with a tenure of 18 months.
05. Jana Small Finance Bank
Senior citizens get the highest interest rate of 8.75% on fixed deposits with a tenure of 2 to 3 years.
06. North East Small Finance Bank
Senior citizens get the highest interest rate of 9% on fixed deposits with a tenure ranging from 18 months 1 day to 36 months.
07. Suryoday Small Finance Bank
Senior citizens get the highest interest rate of 9.1% on fixed deposits with a tenure of 5 years.
08. Unity Small Finance Bank
Senior citizens get the highest interest rate of 9.1% on fixed deposits with a tenure of 1001 days.
09. Utkarsh Small Finance Bank
Senior citizens get the highest interest rate of 9.1% on fixed deposits with a tenure of 2 to 3 years.