Business News Desk – In the month of September, there are 15 such banks which are giving more than 8 percent interest on FD. If you also want to take advantage of 8 percent interest on FD, then you can invest in them. The list of banks giving 8 percent interest on FD includes government banks, private banks, small finance banks and foreign banks. Some of these banks like Northeast Small Finance Bank are giving interest rates up to 9 percent. Unity Small Finance Bank and RBL Bank are also giving 9 percent and 8.10 percent interest rates respectively. Yes Bank and Deutsche Bank are also giving 8 percent interest. See the complete list of interest and banks here. These are the 15 banks which are giving 8% or more interest rate on FD:
1. AU Small Finance Bank
Interest Rate: 8%
Duration: 18 months
2. Equitas Small Finance Bank
Interest Rate: 8.50%
Duration: 444 days
3. ESAF Small Finance Bank
Interest Rate: 8.25%
Duration: 2 years to less than 3 years
4. Jana Small Finance
Interest Rate: 8.25%
Tenure: 365 days to 1095 days
5. Northeast Small Finance Bank
Interest Rate: 9%
Duration: 546 days to 1111 days
6. Suryoday Small Finance Bank
Interest Rate: 8.65%
Duration: 2 years 2 days
7. Ujjivan Small Finance Bank
Interest Rate: 8.25%
Duration: 12 Months
8. Unity Small Finance Bank
Interest Rate: 9%
Duration: 1001 days
9. Utkarsh Small Finance Bank
Interest Rate: 8.50%
Tenure: 2 years to 3 years; 1500 days
10. Bandhan Bank
Interest Rate: 8%
Duration: 1 year 9 months
11. DCB Bank
Interest Rate: 8.05%
Tenure: 19 months to 20 months
12. RBL Bank
Interest Rate: 8.10%
Duration: 500 days
13. SBM Bank India
Interest Rate: 8.25%
Duration: More than 18 months to less than 2 years 3 days
14. Yes Bank
Interest Rate: 8%
Duration: 18 months
15. Deutsche Bank
Interest Rate: 8%
Duration: 1 year to more than 3 years
These banks have recently revised FD rates
Four banks Karnataka Bank, Bank of Baroda, City Union Bank of India and Bank of India have recently revised their FD rates. A complete list of FD rates available for the general public and senior citizens is available on the official websites of the banks. If you want to get a higher interest rate on your savings, this may be the right time to invest in fixed deposits.
