Many big and small banks in the country have increased the interest rates on fixed deposits and the annual interest on FD (fixed deposit) has now reached above 8. Some banks are offering up to 9% interest to senior citizens. Let's know the complete information about it in the news below.

Every customer who opens FD and savings accounts in banks wants to get more interest on his deposited capital, so every person tries to know which is the bank in the country that offers FD (Highest Interest Rate on FD) and Gives the highest interest on other accounts.

If you are also looking for such a bank, then we are making your search easy. The interest rates have also increased due to the continuous increase in the repo rate by the RBI and that is why many government and private banks are offering more interest on FDs and other savings schemes.

In the last few months, many big and small banks in the country have increased the interest rates on fixed deposits and the annual interest on FD has now reached above 8. Some banks are offering up to 9% interest to senior citizens. Let us know about those banks which are giving the highest interest to the customers on savings schemes.

This bank is at the forefront of giving more interest

Small finance banks are at the forefront of giving the highest interest to customers on other savings schemes including FD (fixed deposit). The first name in this list comes from Suryoday Small Finance Bank, which offers the highest interest rate of 8.51% per annum on most FDs, while Unity Small Finance Bank offers interest at the rate of 8.50% per annum on the second number. . At the same time, DCB Bank gives the highest interest rate of 7.85% among scheduled private sector banks.

Banks giving up to 9% interest on FD

According to Paisabazaar.com, Suryoday Small Finance Bank FD 8.51, Unity Small Finance Bank 8.50, ABM, Equitas Small Finance Bank, ESAF Small Finance Bank, Ujjivan Small Finance Bank, Fincare Small Finance Bank and Utkarsh Small Finance Bank 8 percent interest on FD. Let's give At the same time, Jana Small Finance Bank and DCB Bank give interest up to 7.85 percent. Apart from this, AU Small Finance Bank and North East Small Finance Bank offer 7.75% interest.

RBL Bank offers 7.55%, Yes Bank 7.50%, Bandhan Bank 7.50%, IDFC First Bank 7.50%, Shivalik Small Finance Bank 7.50%, Union Bank of India 7.30%, Punjab National Bank 7.25% and IndusInd Bank 7.25%.

However, these rates of interest are applicable for fixed deposits of less than Rs 2 crore and different tenures. At the same time, more than 0.50 percent interest is offered to senior citizens, so the interest on FD goes up to 9 percent.

Interest rates on FD in major public and private banks

According to Bank Bazaar, the country's largest bank State Bank of India has 6.75% on fixed deposit schemes, HDFC Bank 7%, ICICI 7%, IDBI Bank 6.25%, Kotak Mahindra Bank 7%, Canara Bank 7% %, 7% in Axis Bank, 6.75% in Bank of Baroda and 7.25% in Karur Vysya Bank.