Top Fixed Deposits Offered Mostly By Small Finance Banks
In today's scenario of falling interest rates it's a concern for most people especially senior citizens whose monthly income is the interest earn from FD's. There is some respite offered to them especially small finance banks who are offering interest rates up to 9%.
Below are some of the best rates offered by banks.
Highest Fixed deposit Rate for 6 months - At present ESAF, Equitas, Ujjivan, Utkarsh Small Finance Bank is giving interest rate of 7.50% p.a for 6 months along with Suryoday Small Finance Bank at 7.75% p.a.
Highest Fixed deposit Rate for 1 Year - For 1 year tenure ESAF, Equitas, Fincare Small Finance Bank is giving 8.75%. Utkarsh Small Finance Bank 1 year rate is 9.00%.
Highest Fixed deposit Rate for 2 Years - In 2 years tenure again Suryoday Small Finance Bank and Fincare Small Finance Bank are giving highest interest rate at 9.00% p.a.
Highest Fixed deposit Rate for 3 Years to 4 Years - In 3 year to 4 year tenure AU Small Finance Bank and Fincare Small Finance Bank are offering 8.00%, DCB Bank is giving 8.05% whereas IDFC Bank is giving 8.25%.
Highest Fixed deposit Rate for 4 Years to 5 Years - IDFC Bank is offering 8.25% in this tenure along with Utkarsh Bank at 8.00%
AU Small Finance Bank FD Rates
|
|
|
|---|---|---|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equitas Small Finance Bank FD Rates
wef 5th-July-2018| Tenure | Domestic Interest Rates for Less than Rs 1 crore |
|---|---|
| 7 days- 14 days | 5.00% |
| 15 days- 29 days | 5.50% |
| 30 days to 45 days | 6.00% |
| 46 days to 90 days | 6.25% |
| 91 days to 180 days | 6.50% |
| 181 days to 270 days | 6.75% |
| 271 days to 364 days | 7.50% |
| 1 year to 18 months | 8.50% |
| 18 months 1 day to 2 years | 8.75% |
| 2 years 1 day to 3 years | 8.80% |
| 3 years 1 day to 10 years | 7.00% |
Fincare Small Finance Bank Interest Rates
INTEREST RATES (PER ANNUM)| TENURE | General Public | Senior Citizens** |
|---|---|---|
| 7 days to 45 days | 4.00% | 4.50% |
| 46 days to 90 days | 4.00% | 4.50% |
| 91 days to 180 days | 6.00% | 6.50% |
| 181 days to 364 days | 7.00% | 7.50% |
| 12 months to 15 months | 8.00% | 8.50% |
| 15 months 1 day to 18 months | 8.25% | 8.75% |
| 18 months 1 day – 21 months | 8.50% | 9.00% |
| 21 months 1 day – 24 months | 8.75% | 9.25% |
| 24 months 1 day – 36 months | 9.00% | 9.50% |
| 3 years 1 day – 5 years | 8.00% | 8.50% |
| 5 years 1 day – 7 years | 7.00% | 7.50% |
ESAF Small Finance Bank FD Rates
Rate of Interest effective from 1st November 2018| Retail Term Deposit (Less than INR 1 Cr) | RATE OF INTEREST# | |
|---|---|---|
| Domestic# | ||
| Tenure | NORMAL | SENIOR CITIZEN |
| 7 days to 14 days | 5.50% | 6.00% |
| 15 - 59 days | 5.50% | 6.00% |
| 60 days to 90 days | 6.25% | 6.75% |
| 91 days to 179 days | 6.75% | 7.25% |
| 180 days to 363 days | 7.50% | 8.00% |
| 364 days | 5.60% | 6.10% |
| 365 - 727 days | 8.75% | 9.25% |
| 728 days | 6.80% | 7.30% |
| 729 - 1091 days | 8.00% | 8.50% |
| 1092 days | 5.66% | 6.16% |
| 1093 - 1819 days | 7.00% | 7.50% |
| 1820 days | 5.65% | 6.15% |
| 1821 - 3652 days | 7.00% | 7.50% |
