If you prefer less risk, putting your money in Fixed Deposits (FD) is a good choice.
Right now, banks are offering interest rates up to 9 percent on fixed deposits. These are the banks that currently offer the highest interest:
Unity Small Finance Bank
Unity Small Finance Bank is offering the highest interest rate of 9 percent. You can get this interest rate if you invest in an FD for 1001 days.
Suryoday Small Finance Bank
Suryoday Small Finance Bank provides an annual interest rate of 8.65 percent for a fixed deposit of 2 years and 2 days.
Fincare Small Finance Bank
Fincare Small Finance Bank offers the highest interest rate on FD, which is 8.61 percent. This special offer applies to FDs with a duration of 750 days.
Equitas Small Finance Bank
Equitas Small Finance Bank provides an 8.50 percent interest rate for an FD with a term of 444 days.
Additionally, the bank offers an 8.20 percent interest rate for a 1-year FD and an 8 percent interest rate for a 3-year FD.
