Fixed Deposit Interest Rates: If you are afraid of investing in the stock market and you do not like to take too much risk, then FD can be a better option for you. Investing in fixed deposits means guaranteed returns. Before Holi, FD rates have been increased by State Bank of India and ICICI Bank. At present, there is also a bank which is giving interest up to 7% on FD of 3 years.
Also read: FD Rates: Before Holi, ICICI Bank gave a big gift to customers, FD rates changed
Suryodaya Small Finance Bank has also changed the FD rates. According to the information given by the bank, the bank is giving 7% interest to ordinary citizens on an FD for 3 years. FD rates are effective from 10 March 2022. 0.50 percent more interest is being given to senior citizens by the bank. That is, senior citizens will get 7.50 interest on FD of 3 years.
The bank is giving 3.25% interest on FDs of 7 to 45 days. 4.25% interest on FDs of 46 to 90 days and 4.75% on FDs of 91 to 6 months, 5.25% on FDs from 6 months to 9 months and 5.75% on FDs from 9 months to 1 year. . Suryoday Small Finance Bank is offering 6.50% interest on FDs of 1 year to 1 year 6 months and 6.50% interest on FDs of 1 year 6 months and 2 years. 6.25% interest is being given by the bank on FDs of 2 years or more and less than 3 years.