8.25% interest on 5-year FD: Best fixed deposit rates for November 2024

Quick Summary:

Small finance banks are offering some of the best FD rates in India, with NorthEast Small Finance Bank and Unity Small Finance Bank offering the highest returns at 9.

These banks have been attracting investors with higher interest rates compared to larger private and public-sector banks.

While these rates are competitive, the foreign banks do not typically match the higher rates available in small finance and private banks.

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Article Details

Category: BusinessFinance

Markets: India

Topics: FD Banking Small finance banks FD investment Public banks Private banks Fixed deposit rates in India Fixed deposit FD rates

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 12:59:32 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1146 words

Reading Time: 7 minutes read

Sentences: 47 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23582015

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 346 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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