INSUBCONTINENT EXCLUSIVE:
North East Small Finance Bank offers 8.5% interest on fixed deposits for a tenure of 1-less than 2 years.Small finance banks (SFBs) offer
high interest rates on savings, fixed deposit and recurring deposit accounts
Small finance banks, which cater to a niche customer base, offer higher interest rates than mainstream peers
For instance, State Bank of India (SBI), the largest lender of the country, offers 6.80 per cent interest on fixed and recurring deposit for
a tenure of one to less than two years
However, small finance banks like ESAF Small Finance Bank, North East Small Finance Bank and Suryoday Bank offer higher interest rates than
For a tenure of 365 - 727 days, ESAF Small Finance Bank offers 8.75 per cent interest; for a tenure of one-less than two years, North East
Small Finance Bank and Suryoday Bank both offer 8.50 per cent interest.(: Top Banks Pay Up To 7.75% Interest To Senior Citizens On
RateRate for Senior Citizens7 - 14 days5.50%6.00%15 - 59 days5.50%6.00%60 - 90 days6.25%6.75%91 - 179 days6.75%7.25%180 - 363
days7.50%8.00%364 days5.60%6.10%365 - 727 days8.75%9.25%728 days6.80%7.30%729 - 1091 days8.00%8.50%1092 days5.66%6.16%1093 - 1819
Banks)North East Small Finance Bank FD interest ratesTENURECard Rates < 1 Cr.Senior Citizen7-14 Days66.515-29 Days6.5730-45
Days6.757.2546-90 Days77.591-180 Days7.257.75181-364 Days7.581 year to less than 2 years8.592 years to less than 3 years88.53 Years to less
Details)Suryoday Bank FD interest ratesRates for amount < 1 Cr.Domestic Deposits (Effective: From September 29, 2018)PeriodInterest
to 180 days5.50%6.00%181 days to 240 days7.50%8.00%241 days to less than 1 Year7.75%8.25%1 Year to 2 Years8.50%9.00%Above 2 Years to 3
