Highest FD interest rates: Top banks in India offering interest rates up to 9%
Are you looking to invest in fixed deposits with high-interest rates? Look no further as we have compiled a list of top banks in India offering interest rates up to 9% for regular citizens.
Unity Small Finance Bank: This bank offers the highest interest rate of 9% for regular citizens on a tenure of 1001 days. It also offers 8.75% on tenures of 501 days and 181-201 days. These rates are applicable from February 15, 2023. In case of premature withdrawal, a penalty of 1.00% will be applied to the rate in effect for the time the deposit was held by the bank or the contracted rate, whichever is lower.
Utkarsh Small Finance Bank: Utkarsh SFB offers the highest interest rate of 8.25% on a tenure of 700 days. The penalty on premature withdrawal is 1% (not applicable for closure within 7 days) i.e. 1% less than the card rate as on the date of deposit, for the period for which the deposit has remained with the Bank or 1% less than the contracted rate, whichever is lower.
Fincare Small Finance Bank: This bank offers the highest interest rate of 8.41% on a tenure of 1000 days. It also offers 8.25% on tenures of
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