Business News Desk – Fixed Deposit (FD) is still considered one of the best options for Indian customers to invest their deposits in a safe manner. If you are also planning to earn bumper profits by investing your deposits in FD in the near future, then this news is of your use. In fact, for the last few years, apart from the country’s large private and public sector lending banks, non-banking financial companies (NBFCs) are also giving bumper returns to customers on FD. Many of these NBFC companies are offering more than 9.50 percent return to customers on FD. In such a situation, let us know about 5 such non-banking financial companies which are offering the highest interest rate on FD to their customers.
1.Suryoday Small Finance Bank
If you are planning to invest in FD, then Suryoday Small Finance Bank can prove to be a better option for you. Suryoday Small Finance Bank is offering 9.10 percent interest to its general customers and 9.60 percent interest to senior citizen customers for a period of 5 years.
2. Unity Small Finance Bank
Unity Small Finance Bank is offering up to 9 per cent interest on 1001 days FD to its general customers and up to 9.50 per cent to senior citizen customers.
3. Fincare Small Finance Bank
Fincare Small Finance Bank is offering up to 8.51 per cent interest on 1000 days FD to its general customers and up to 9.11 per cent to senior citizen customers.
4. Equitas Small Finance Bank
Equitas Small Finance Bank is offering 8.50 percent interest on FDs of 888 days to its general customers. Whereas for the same period, the bank is offering 9 percent interest to its senior citizen customers.
5. ESAF Small Finance Bank
Let us tell you that ESAF Small Finance Bank is giving 8.50 percent interest to its general customers on FDs of 2 years to less than 3 years. Whereas for the same period, the bank is giving 9 percent interest to its senior citizen customers.