Some small finance banks are providing interest rates exceeding 9% on Fixed Deposits (FDs), offering higher returns compared to both government and private banks. However, it’s important to note that these banks typically carry a slightly higher level of risk than other government and private banks. Below, we present the interest rates available on FDs from such small finance banks, applicable to deposits up to Rs 2 crore.
Unity Small Finance Bank: Offers 9% interest on FDs maturing in 1001 days.
Suryoday Small Finance Bank: Provides 8.65% interest for FDs maturing in two years and two days.
Ujjivan Small Finance Bank: Offers 8.5% interest for FDs maturing in 15 months.
Jana Small Finance Bank: Provides 8.5% interest for FDs maturing in 365 days.
Equitas Small Finance Bank: Offers 8.5% interest for FDs maturing in 444 days.
Utkarsh Small Finance Bank: Provides 8.5% interest for FDs maturing between two to three years.
ESAF Small Finance Bank: Offers 8.25% interest for FDs maturing between two to less than three years.
AU Small Finance Bank: Provides 8% interest for FDs maturing in 18 months.
