Banks now offering 9% Interest on FD! Read Pinned Comment #unfinance #shorts

5 banks offering inflation beating returns on FD spanning from upto 9%-

1. Unity Small Finance Bank- The fixed deposit interest rate of the bank stands revised from 21st November 2022. Since the adjustment, deposits maturing in 181 days and 501 days, respectively, can now earn senior citizens a maximum interest rate of 9.00%. For the same tenors, the bank is giving the general public an interest rate of 8.50%.

2. Ujjivan Small Finance Bank- Ujjivan Small Finance Bank’s fixed deposit interest rates are in effect as of November 5, 2022. The bank promises senior residents a maximum interest rate of 8.75% on deposits maturing in 80 Weeks (560 Days), while non-senior citizens can receive 8.00% on the same tenor

3. Fincare Small Finance Bank
The Fincare Small Finance Bank’s fixed deposit interest rates are in effect as of November 9th, 2022. The bank now guarantees elderly residents a maximum interest rate of 8.50% on deposits due in 1000 days, while also offering a regular rate of 8%

4. ESAF Small Finance Bank- The ESAF Small Finance Bank’s fixed deposit interest rates are in effect as of 01/11/2022. In addition to offering a regular rate of 8%, the bank is now guaranteeing senior citizens a maximum interest rate of 8.50% on deposits due in 999(2 years 8 months & 26 days).

5. Jana Small Finance Bank- The Jana Small Finance Bank’s fixed deposit interest rates are in effect as of October 14th, 2022. The bank currently offers elderly residents a maximum interest rate of 8.50% on deposits that mature in 2–3 years, while also offering a standard rate of 7.55% on the said tenure

Source - Livemint

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[unfinance]

5 banks offering inflation beating returns on FD spanning from upto 9%-

1. Unity Small Finance Bank- The fixed deposit interest rate of the bank stands revised from 21st November 2022. Since the adjustment, deposits maturing in 181 days and 501 days, respectively, can now earn senior citizens a maximum interest rate of 9.00%. For the same tenors, the bank is giving the general public an interest rate of 8.50%.

2. Ujjivan Small Finance Bank- Ujjivan Small Finance Bank’s fixed deposit interest rates are in effect as of November 5, 2022. The bank promises senior residents a maximum interest rate of 8.75% on deposits maturing in 80 Weeks (560 Days), while non-senior citizens can receive 8.00% on the same tenor

3. Fincare Small Finance Bank
The Fincare Small Finance Bank’s fixed deposit interest rates are in effect as of November 9th, 2022. The bank now guarantees elderly residents a maximum interest rate of 8.50% on deposits due in 1000 days, while also offering a regular rate of 8%

4. ESAF Small Finance Bank- The ESAF Small Finance Bank’s fixed deposit interest rates are in effect as of 01/11/2022. In addition to offering a regular rate of 8%, the bank is now guaranteeing senior citizens a maximum interest rate of 8.50% on deposits due in 999(2 years 8 months & 26 days).

5. Jana Small Finance Bank- The Jana Small Finance Bank’s fixed deposit interest rates are in effect as of October 14th, 2022. The bank currently offers elderly residents a maximum interest rate of 8.50% on deposits that mature in 2–3 years, while also offering a standard rate of 7.55% on the said tenure

Source - Livemint

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