Today is the last day of the financial year 2024-25,and tomorrow i.e. from April 1,the new financial year 2025-26 is starting. Crores of people make new financial plans with the new financial year and invest in various options. If you are also looking for a safe investment,then Fixed Deposit (FD) can be a great option. Here we are going to tell you about those banks that are giving the highest interest on 5-year FD to the common citizens so that you can increase your hard-earned money with safe and better returns!
These are the banks giving the highest interest on 5-year FD
If you want to get good returns while keeping your savings safe,then a 5-year FD can be a great option. Below is a list of five banks that are currently offering the highest interest rates on 5-year FDs to common citizens:
Utkarsh Small Finance Bank
Utkarsh Small Finance Bank is ranked 5th in the list of banks offering the highest interest on 5-year FDs. This bank is offering 7.75 percent interest to its customers on 5-year FDs.
Read More:-India Launches Its First Hydrogen Train,A Game Changer for Green Transport
Read More:- Big Financial Changes from April 1: New UPI,Credit Card & Tax Rules You Must Know
NorthEast Small Finance Bank
NorthEast Small Finance Bank is ranked fourth on this list. This bank is offering 8 percent interest to its customers on 5-year FDs.
Unity Small Finance Bank
Unity Small Finance Bank is ranked third in the list of banks offering the highest interest on 5-year FDs. This bank is offering 8.15 percent interest to its customers on 5-year FDs.
Jana Small Finance Bank
Jana Small Finance Bank is second in the list of banks giving the highest interest on 5-year FDs. Jana Small Finance Bank is giving its customers 8.2 percent interest on 5-year FDs.
Suryoday Small Finance Bank
Suryoday Small Finance Bank is first in this list. Suryoday Small Finance Bank is giving its customers the highest interest of 8.6 percent on 5-year FDs.
Left regular banks behind
Let us tell you that Small Finance Banks have also left regular banks behind in terms of giving high returns on FDs. These Small Finance Banks are giving more interest to their customers than regular banks not only on FDs of 2-3 years but also on FDs of all tenures. If you are looking for better returns with safe investment,then Small Finance Banks can prove to be an attractive option for you. However,before investing in any bank,it is important to read its complete information and rules carefully.
Read More:- EPFO UAN Update: Remove Wrong Member ID with This Simple Online Process
