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HomefinanceHighest Bank FD rates 2023: Up to 9.5% annual interest is available...

Highest Bank FD rates 2023: Up to 9.5% annual interest is available here, ₹ 5 lakh will become ₹ 8 lakh in 5 years

Highest Bank FD rates 2023: Unity Small Finance Bank and Utkarsh Small Finance Bank are offering more than 9 percent interest on fixed deposits to their senior citizen customers.

Highest Bank FD rates 2023: After the continuous increase in the interest rates of the Reserve Bank of India (RBI), now many banks are increasing the interest rates of fixed deposits for their customers. In such a situation, there can be a lot of profit in interest rates for senior citizens by getting FDs in these banks. Some small finance banks are offering interest ranging from 9% to 9.5% to their senior citizen customers. Let us see in which banks the customers are getting the benefit of more than 9 percent interest rates.

Unity Small Finance Bank

Unity Small Finance Bank is offering up to 9.50% interest on fixed deposits to its senior citizen customers. Customers are getting this interest on FDs of 1001 days. Apart from this, customers can get FDs from 7 days to 10 years in the bank, in which they get interest ranging from 4.75% to 9% for different periods.

 

If a senior citizen customer has made an FD of five lakh rupees in the bank for five years, then after five years he will get about 6.78 lakh rupees.

Utkarsh Small Finance Bank

Utkarsh Small Finance Bank is offering up to 9% interest on fixed deposits to its senior citizen customers. Customers are getting this interest on 700 days FD. Apart from this, customers can get FDs from 7 days to 10 years in the bank, in which they get interest ranging from 4.50% to 9.50% for different periods.

If a senior citizen customer has made an FD of five lakh rupees in the bank for five years, then after five years he will get about 7.52 lakh rupees.

Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap has over 3 years of experience in writing finance content, entertainment news, cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @insuranceindiaain@gmail.com
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