All Quick Reads FanzShots

Small Finance Banks Zoom Ahead with Up to 8.1% FD Rates

Finance

Business Standard

English

Small Finance Banks Zoom Ahead with Up to 8.1% FD Rates

Hey there, money enthusiasts! Fixed deposit rates are like a wild rollercoaster ride! Small finance banks are zooming ahead with rates up to 8.1%, while big public banks are just chilling at 6-6.6%. If you're looking for the best deals, Suryoday and Jana Small Finance Bank are your go-to spots. Just remember, your deposits are safe and sound, insured up to Rs 5 lakh!

09:40 am on Thursday, 30 April, 2026 | Amit Kumar

Quick rundown

1.Small finance banks offer the highest fixed deposit rates.

2.Public sector banks cluster around 6-6.6% interest rates.

3.Private banks offer competitive rates around 6.45-6.5%.

4.NBFCs provide a middle ground between banks.

5.Investors should balance returns with deposit safety.

Quick rundown

1.Small finance banks offer the highest fixed deposit rates.

2.Public sector banks cluster around 6-6.6% interest rates.

3.Private banks offer competitive rates around 6.45-6.5%.

4.NBFCs provide a middle ground between banks.

5.Investors should balance returns with deposit safety.