crossorigin="anonymous"> Top Fixed Deposit Rates: These Bank Fds Will Get You Upto 9% Return on 3-Year Deposit – Checklist – Times of India – Subrang Safar: Your Journey Through Colors, Fashion, and Lifestyle

Top Fixed Deposit Rates: These Bank Fds Will Get You Upto 9% Return on 3-Year Deposit – Checklist – Times of India


It is important to note that deposits in small finance banks come with DICGC insurance protection of up to Rs 5 lakh. (AI Image)

Top Bank FD Rates: Although interest rates are generally on the rise, many banks continue to offer attractive fixed deposit rates for retail customers with deposits below Rs 3 crore. Senior citizens get a preferential rate, usually 0.25% to 0.50% higher than standard rates.
Below are offers competitive interest rates on three-year fixed deposits for under 60 years of age, with deposits below Rs 3 crore. The list below, prepared by ET, is for small finance banks.
It is important to note that deposits in small finance banks come with DICGC insurance protection of up to Rs 5 lakh, yet financial experts advise prudence while investing in their fixed deposits. The specific operational structure of these banks means that their FD investments carry different risk factors than traditional scheduled commercial banks.
To guard against potential uncertainties, investors would be well-advised to limit their small finance bank FD investments within the DICGC insurance limit, the ET report says. This strategy ensures comprehensive protection of both capital invested and interest earned in case of any unforeseen circumstances.

Top FD Rates for 3 Year Fixed Deposits

Bank Name Interest rate
North East Small Finance Bank 9%
Suryoday Small Finance Bank 8.60%
Utkarsh Small Finance Bank 8.50%
Jana Small Finance Bank 8.25%
Unity Small Finance Bank 8.15%
Equitas Small Finance Bank 8%
Source: ET as of 20 November 2024 via Paisabazaar.com

  • North East Small Finance Bank leads with 9% interest rate on three year FD for general citizens.
  • Suryoday Small Finance Bank offers 8.6% interest rate on three year FD tenure for general citizens.
  • For three-year FD maturity, Utkarsh Small Finance Bank offers 8.5% interest rate to general citizens.
  • Jana Small Finance Bank maintains an interest rate of 8.25% for fixed deposits with a tenure of three years.
  • Unity Small Finance Bank offers an interest rate of 8.15% on its three-year fixed deposits.
  • Equitas Small Finance Bank offers 8% interest rate on three year FD investment to general citizens.





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