Bank FD Interest Rate 2023: Bank FD News In today’s time, fixed deposit is considered a good option for investment. If you are also planning to make a fixed deposit, then now your money can double in a few months. Apart from government banks, many small finance banks are also giving bumper returns on FDs.
Reserve Bank hikes repo rate
In the first week of February, in its bi-monthly monetary policy review, RBI announced to increase the repo rate, after which many banks have increased FD rates. There are many banks in which you can get better returns by doing FD.
Come, let us know which banks are offering you more than 9 percent interest. Many small finance banks are offering good interest on fixed deposits.
Unity Small Finance Bank
Unity Small Finance Bank is giving the highest interest on FD as compared to other banks. This bank is giving you up to 9% interest on FD in 101 days and up to 9.50% interest to senior citizens.
Utkarsh Small Finance Bank
Utkarsh Small Finance Bank is also offering higher interest on FD as compared to other banks. It is giving you 8% interest on FD in 101 days and 8.75% interest for senior citizens.
North East Small Finance Bank
North East Small Finance Bank is offering you much better interest. It is giving you 8% interest on FD in 101 days and 8.75% interest for senior citizens.
Ujjivan Small Finance Bank
Ujjivan Small Finance Bank is also giving more interest on FD than other banks. It is giving you 8% interest on FD in 101 days and 8.75% interest for senior citizens. Airtel made expensive plans in these 2 states, these customers of Airtel will be affected
