1. News

These Banks Offer High Interest on FDs than HDFC, SBI Fixed Deposits

M Kanika
M Kanika
Banks to offer High Interest on FDs
Banks to offer High Interest on FDs

When it comes to savings, you would logically go for a bank that provides you best interest rates. However, the issue that majority of people face these days is banks with the best interest rates for their fixed deposits (FDs) often go unnoticed. The reason being, big banks often takes up the spotlight & the small lenders lose that foothold in public’s eyes.

The rates offered by the top lenders such as HDFC Bank, State Bank of India & ICICI Bank amongst others have been falling for quite some times now.  

Here are some of the Small Finance Banks, which provides you the best interest rates on FDs. Most of them give better rates than that of the aforementioned top lenders. Small finance banks can offers the customers anywhere between 3% to 7% and above on their FD rates, depending on your age & the tenure of the scheme you opt for.  

North East Small Finance Bank 

S.No 

Days 

General Citizens % 

Senior Citizen % 

15 to 29 Days 

3% 

3.50% 

30 to 45 Days 

3% 

3.50% 

46 to 30 Day 

3.50% 

4% 

91 to 180 Days 

4% 

4.50% 

181 to 365 Days 

5% 

5.50% 

366 to 729 Days 

6.75% 

7.25% 

730 to less than 1095 Days 

6.75% 

7.25% 

777 Days 

7% 

7.50% 

1,096 to less than 1,825 Days 

6.50% 

7% 

10 

1,826 Days to less than 3,650 Days 

6.25% 

6.75% 

Jana Small Finance Bank 

S.No 

Days 

General Citizen % 

Senior Citizen % 

1             

7 to 14 Days 

2.50% 

3% 

15 to 60 Days 

3% 

3.0% 

3 

61 to 90 Days 

3.75% 

4.25% 

91 to 180 Days 

4.50% 

5% 

 

181 to 364 Days 

5.50% 

6% 

1 year  

6.25% 

6.75% 

1 to 2 years 

6.50% 

7% 

2 to 3 years 

6.50% 

7% 

3 to 5 years 

6.75% 

7.25% 

10 

5 years 

6.50% 

7% 

11 

5 to 10 years 

6% 

6.50% 

Suryoday Small Finance Bank 

S.No 

Days 

General Citizen % 

Senior Citizen % 

7 to 14 Days 

3.25% 

3.25% 

15 to 45 Days 

3.25% 

3.25% 

46 to 90 Days 

4.25% 

4.25% 

91 to 6 months 

4.75% 

4.75% 

6 months to 9 months 

5.25% 

3.50% 

91 Days to 6 months 

3.50% 

4% 

6 months & 1 Day to 9 months 

5.25% 

5.25% 

Above 9 months to less than 1 year 

5.75% 

5.75% 

1 year to 1 year 6 months 

6.50% 

6.75% 

10 

Above 1 year 6 months 

6.50% 

6.50% 

11 

Above 2 years to less than 3 years 

6.25% 

6.50% 

12 

3 years 

6.75% 

6.75% 

13 

5 years 

6.50% 

6.50% 

14 

5 to 10 years 

6% 

6% 

 

Utkarsh Small Finance Bank 

S.No 

Days 

General Citizen % 

Senior Citizen % 

7 to 45 Days 

3% 

3.50% 

46 to 90 Days 

3.25% 

3.75% 

91 to 180 Days 

4% 

4.50% 

181 to 364 Days 

5.75% 

6.25% 

365 to 699 Days 

6.25% 

6.75% 

700 Days 

6.75% 

7.25% 

701 to 3,652 Days 

6% 

6.50% 

For more details, you can visit the official websites of these small lenders.

Like this article?

Hey! I am M Kanika. Did you liked this article and have suggestions to improve this article? Mail me your suggestions and feedback.

Share your comments

Subscribe to our Newsletter. You choose the topics of your interest and we'll send you handpicked news and latest updates based on your choice.

Subscribe Newsletters