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Best fixed deposit interest rates: Check 5 banks offering up to 7% return on yearly FDs

A few small finance banks are offering up to a 7% interest rate on fixed deposits maturing in a year. 

Ujjivan Small Finance Bank

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Ujjivan Small Finance Bank

Ujjivan Small Finance Bank is offering 1-year fixed deposits with an annual interest rate of 6.5% to regular customers. On the other hand, senior citizens can enjoy a 7% annual interest rate on FDs with similar tenure. 

Utkarsh Small Finance Bank

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Utkarsh Small Finance Bank

Utkarsh Small Finance Bank is offering an attractive interest rate of 6.5% per annum on fixed deposits maturing in one year. Senior citizens can avail a 7% interest rate on their 1-year fixed deposits.  

Suryoday Small Finance Bank

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Suryoday Small Finance Bank

Suryoday Small Finance Bank is providing a 6.50 annual interest rate to its customers investing in one year FD scheme of the bank. Senior citizens currently get a 6.75% interest rate on yearly fixed deposits.

ESAF Small Finance Bank

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ESAF Small Finance Bank

ESAF Small Finance Bank is also providing its 1 year FD schemes at an annual interest rate of 6.5% to regular customers. Whereas, senior citizens can claim up to a 7% interest rate on annual FD schemes. 

Jana Small Finance Bank

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Jana Small Finance Bank

On the lower end, Equitas Small Finance Bank is offering a 6.25% interest rate on fixed rates with a tenure of one year to regular customers and a 6.75% interest rate to senior citizens.