Highest FD Rates: These banks are giving more than 9 percent interest on FD, take advantage like this

If you are thinking of investing in the near future, then in this article, we have brought you a list of such banks, which are going to offer the best interest on FD (Fixed Deposit). Our list includes Unity Small Finance Bank and Suryoday Small Finance Bank. Customers can take advantage of the high FD interest rates offered by both of these banks.
You can get more than a 9 percent interest rate on FDs in Unity and Suryoday Small Finance Banks. The FD rates offered by these two small finance banks on select tenors are much higher than most investment schemes like Public Provident Fund (PPF), Employees' Provident Fund (EPH), and Sukanya Samriddhi Yojana (SSY). Come, let's know about them.
For regular customers, this bank offers interest rates between 4.5% to 9% on FDs. It currently offers an interest rate of 9.5% per annum to senior citizens. On fixed deposits (FDs) invested for a period of 1001 days respectively, retail investors get 9 percent interest for the same terms. Whereas, senior citizens get an interest rate of 4.5% to 9.5% on deposits maturing in seven days to ten years.
Suryoday Small Finance Bank will now offer fixed deposit interest rates ranging from 4% to 9.1% on FDs maturing in seven days to 10 years to general customers. Senior citizens will get an interest rate of 4.5% to 9.6% on deposits maturing in seven days to ten years. The highest interest rate being offered is 9.1% for a tenure of five years. These rates are applicable from 5 July 2023.