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Fixed Deposit: If you also want to get bumper returns by investing your accumulated capital, Fixed Deposit (FD) can be a good option. After investing in FD, you get guaranteed income after a fixed period. Currently, there are some Small Finance Banks (SFBs) that offer up to 9.50% interest to their customers, especially senior citizen customers. Let’s know about 5 banks which are offering highest returns on FD to their customers.
JANA SMALL FINANCE BANK
Jana Small Finance Bank offers 3.50% to 9% interest on 7 day to 10 year FD to its senior citizen customers. Customers are getting 9% interest on FDs from 2 years to 3 years.
Unity Small Finance Bank
Unity Small Finance Bank offers 4.50% to 9.50% interest on 7 day to 10 year FD to its senior citizen customers. Let us tell that customers are getting 9.50% interest on 1001 day FD.
Fincare Small Finance Bank
Fincare Small Finance Bank offers 3.60% to 9.10% interest on 7 day to 10 year FD to its senior citizen customers. Customers are getting 9.10% interest on 750 day FD.
Suryodaya Small Finance Bank
Suryodaya Small Finance Bank offers 4.50% to 9.10% interest on 7 day to 10 year FD to its senior citizen customers. Explain that you will get 9.10% interest on FD from 2 years to 3 years.
ESAF Small Finance Bank
ESAF Small Finance Bank offers 4.50% to 9% interest on 7 day to 10 year FD to its senior citizen customers. Explain that customers will get 9% interest on FDs of 2 years to less than 3 years.
Disclaimer: Information provided here is only about stock performance, not investment advice. Investing in the stock market is subject to risk and you should consult your advisor before investing.