Reserve Bank of India (RBI) The interest rates have not been changed for the 10th consecutive time. After this, banks and small finance banks are giving high interest on FD. Taking advantage of this opportunity, you can also get great returns by investing in FD. Today we are telling you about a small finance bank. This bank is giving interest at the rate of 9% on 3 year FD. At the same time, it is giving 7% interest on one year FD.
North East Small Finance Bank
North East Small Finance Bank (NESFB) is offering interest at the rate of 9% on 3 year FD to ordinary citizens. At the same time, interest is being given at the rate of 7% on one year FD and 6.25% on 5 year FD. Let us tell you that fixed deposit offers a fixed interest rate to the investor on a lump sum amount deposited in the bank for a fixed period and this can be determined by using the fixed deposit return calculator. Premature fixed deposit withdrawal means that the investor withdraws the fixed deposit before the maturity date.
North East Small Finance Bank
Bumper interest is being received on FD
Interest rates on FDs are at high levels due to multiple rate hikes by RBI in 2022. Interest rates vary depending on FD tenure, amount invested, bank, repo rate fluctuations.
