Small bank fixed deposit: The Reserve Bank of India i.e. RBI keeps increasing the repo rate from time to time, where RBI had increased the repo rates by 2.5% after May last year. After which many banks had increased the interest rates of fixed deposits, while this increase is continuing even at present. In such a situation, if you are about to make a fixed deposit or are thinking about it, then this news is for you. Let us tell you that many small banks are offering attractive interest rates on fixed deposits, while these interest rates are more than 9%. Today we are going to give you important information about this.
Unity Small Finance Bank is offering this
Unity Small Bank is offering attractive interest rates on fixed deposits below Rs 2 crore, while this bank has increased the interest rates on fixed deposits only till February 15, 2023. Where this bank is giving 9.50% interest on 1001 days fixed deposit to senior citizens and 9% interest to common people. Along with this, this bank is giving 9.25% interest to senior citizens and 8.75% interest to common people on fixed deposits of 181-201 and 501 days.
Fincare Small Bank Fixed Deposit Scheme
Fincare Small Bank has recently increased the interest rates on fixed deposits i.e. on March 24, 2023, where the bank is offering 9.01% interest to senior citizens through the 1000 days Fixed Deposit scheme. Along with this, 8.41% interest is being given to the common people during the same period through fixed deposit scheme.
Utkarsh Small Finance Bank Fixed Deposit Scheme
Utkarsh Small Finance Bank has increased the interest rates on fixed deposits with effect from February 27, 2023. On the other hand, this bank is giving 9% interest to senior citizens on fixed deposits of 700 days, as well as 8.25% interest is being provided by the bank to common people in the same period.