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After decreasing the interest rates of the US Federal Reserve by 0.50%, now the Reserve Bank of India can also reduce the repo rate in the meeting of the Monetary Policy Committee. If this happens, it will also affect the interest rates of firing deposits and the bank will reduce interest. Currently, up to 9.5 percent interest is being received on FD in the country.
For two years, investors have been getting great interest on banks and NBFC FD accounts. If you also want to take good interest on FD, then you should put money now. The reason for this is that there is a possibility of decrease in FD interest rates ahead, the possibility of increase is very low. Today we will tell you about those banks of the country who are giving the most interest on firing deposits.
Unity Small Finance Bank is giving the highest interest on FD in the country. The bank is paying 9% to common customers at FDs with a duration of 1001 days and 9.5% to senior citizens annually. At the rate of 7.85% on 1 year FD, 8.15% for 3 years and 8.15% for 5 years is being given. Senior citizens are being given 0.50% more interest.
North East Small Finance Bank is also giving 9 per cent interest to common customers on a period of 1111 days and 9.5% annually to senior citizens. Similarly, the bank is giving interest to the common customer at 7% on FD of 1 year, 9% on 3 years FD and 6.25% for depositing money on a period of 5 years.
Sunrise Small Finance Bank is offering 8.65% to the common customers and 9.15% to senior citizens on a period of 2 years 2 days. The bank’s interest rate for FD of 1 year duration is 6.85%, 8.60% for 3 years and 8.25% for 5 years.
Shivalik is giving interest to common customers at an annual rate of 8.55% and senior citizens at an annual rate of 9.05% in Small Finance Bank. The bank is being given 6% for FD for one year, 7.50% for depositing money for 3 years and 6.50% interest for 5 years.
If you do FD for a period of 2 to three years in Utkarsh Small Finance Bank, then you will get 8.5% interest. At the same time, the bank is giving 9.10% annual interest to the citizens. The interest rate of FD of 1 year FD is being given 8%, 8.5% on firing deposits and 7.75% on 5 years FD.
