9-8% interest on 1 yr FD: Best fixed deposit rates for investors right now

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9-8% interest on 1 yr FD: Best fixed deposit rates for investors right now - Business Standard

Quick Summary:

Small Finance Banks like Unity Small Finance Bank and NorthEast Small Finance Bank offer the highest FD rates, particularly in the 1-year to 3-year tenures.

While these rates are slightly lower, the security and ease of doing business with larger private-sector banks make them attractive to many investors.

Among them, Unity Small Finance Bank and NorthEast Small Finance Bank stand out, both offering 9.00% p.a.for deposits in the range of 1 to 3 years, which is the highest rate available in the market.