Banks that provide the highest interest on FD in 2023- By the way, in India, if the word government is added to anything, then people’s trust in that thing increases.
It is the same with banks. People trust government banks more than private banks. In this episode, we are going to tell you, that, there are also some private banks that are giving the highest interest rates on FDs as compared to the government banks.
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Banks that provide the highest interest on FD in 2023?
Unity Small Finance Bank
1 Unity Small Finance Bank tops the list of these banks. This bank offers the highest interest rate on fixed deposits as compared to other banks. This bank is giving you up to 9% interest on FD for 101 days and the same for senior citizens, getting an interest rate on FD at the rate of 9.50%.
Utkarsh Small Finance Bank
2 Utkarsh Small Finance Bank is at the second number, this bank also provides an 8% interest rate on FD for 101 days, and for senior citizens 8.75% interest on FD.
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North East Small Finance Bank
3 North East Small Finance Bank comes on the third number. This bank also offers 8% on FD for 101 days and 8.75% for senior citizens.
Ujjivan Small Finance Bank
4 Ujjivan Small Finance Bank comes at number four and provides an 8% interest rate on FD for 101 days and for Senior Citizens the interest rate on FD is 8.75%.
Disclaimer – This is our opinion based on the latest data on the interest about the highest interest rate on FD. Here, we are not giving any suggestions about investing and going with these banks. We are not taking any responsibility for the banks mentioned above. You should go with these banks or not it totally depends on you.
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State Bank of India (SBI) FD interest rates 2023
On the other hand, if you talk about government banks, then, if you open an FD account in India’s largest government bank, State Bank of India (SBI). Then, on FD there you are given an interest rate from 3% to 7.10% per annum, for 7 days to 10 years. The SBI Interest rate on FD given to senior citizens is 3.50% to 7.50% per annum for 7 days to 10 years.