Are you searching Which Bank Gives 9 Percent Interest? Ok! This two bank gives Highest FD Interest Rates 2023. The Reserve Bank of India has increased the repo rate. After the increase in the repo rate, various public and private banks in the country have also increased their interest rates. Middle-class people prefer fixed deposits as a safe investment medium.
Banks usually offer higher interest rates than standard interest rates to senior citizens. Suppose you want to earn a high rate of interest through your investment. Then you can choose ‘Suryoday Small Finance Bank’ and ‘Unity Small Finance’ Bank.
Suryoday Small Finance Bank Gives Highest FD Interest Rates 2023
Suryoday Small Finance Bank has increased interest rates on six deposits by fifty basis points. This bank’s new interest rate has been applicable since December 6.
‘Suryoday Small Finance Bank’ offers 9.26 percent interest to senior citizens for fixed deposits below Rs 2 crore. This bank has launched special offers on fixed deposits from 15 days to 5 years.
Common people will get 9.01 percent interest if they save money in this scheme. On the other hand, for senior citizens, this bank is offering the highest interest rate of 9.26 percent.
Unity Small Finance Bank Gives Highest FD Interest Rates 2023
Unity Small Finance Bank has increased interest rates on fixed deposits. This bank has kept the interest rate from 4.5 percent to 9 percent.
According to the information given on the website of this bank, senior citizens are being offered 9 percent interest on fixed deposits of 181 and 501 days respectively.
Other general public will get interested at 8.50 percent on fixed deposits within 181 days. It is better to say that Unity Small Finance Bank is a Scheduled Commercial Bank.
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