: Millions of people in our country save their money in banks. Besides, the interest rate is also available on this saved money. In this case, there is also a variation in these interest rates for different banks across the country.
In this context, let us inform that the Reserve Bank of India has already changed the repo rate. In this case, various banks will soon present their new interest rates. However, in the current report today we present to you two banks that are already offering interest rates above 9 percent. Let’s find out about them.
Suryoday Small Finance Bank: Suryoday Small Finance Bank, a subsidiary of Small Finance Bank, offers customers an interest rate of up to 9.26 percent on fixed deposits. Let us inform you in this context that as per the guidelines of the Reserve Bank of India, up to 5 lakh rupees are kept safe in this bank. Meanwhile, the concerned bank offers interest rate of 9 percent for general citizens and 9.26 percent for senior citizens. Also, Annualized Return is up to 9.59 percent.
Unity Small Finance Bank: The second bank in this list is Unity Small Finance Bank. This bank offers its special interest rate of 8.5 percent for general citizens and 9 percent for senior citizens.