Even though there are different ways to invest, many people prefer putting their money in FD schemes.
We’re sharing information about small banks that offer better interest rates to customers for a period of only three years compared to other banks. This list is based on data from BankBazaar.
Suryoday Small Finance Bank
Suryoday Small Finance Bank is giving a 8.60 percent interest rate to customers who invest in a three-year FD.
If you put Rs 1 lakh for three years, you will get Rs 1.29 lakh when it matures.
Jana Small Finance Bank and Utkarsh Small Finance Bank
Jana Small Finance Bank and Utkarsh Small Finance Bank are giving an interest rate of 8.50 percent on a three-year FD.
If you invest Rs 1 lakh, you will get a return of Rs 1.29 lakh.
Fincare Small Finance Bank
Fincare Small Finance Bank is giving an 8.11 percent interest rate on a three-year FD. If you invest Rs 1 lakh, you will get back Rs 1.27 lakh.
AU Small Finance Bank
AU Small Finance Bank is giving an 8 percent interest rate to its customers on a 3-year FD.
If you invest Rs 1 lakh for three years, you will receive Rs 1.27 lakh in return.
North East Small Finance Bank
North East Small Finance Bank is providing customers with a 7.75 percent interest rate on a three-year FD. If you invest Rs 1 lakh, you will receive Rs 1.26 lakh after three years.