Several small finance banks present lucrative fixed deposit options with interest rates exceeding 8 percent per annum. Capital Small Finance Bank extends a 7.15 percent interest on one-year fixed deposits, with a special category offering 7.6 percent for 400 days.
Equitas Small Finance Bank provides an attractive 8.20 percent on one-year fixed deposits, escalating to 8.50 percent for a 444-day deposit.
Utkarsh Small Bank offers 8 percent for one-year deposits and a substantial 8.5 percent for a 2-3 year tenure, reaching 9.10 percent for senior citizens.
Jana Small Finance Bank and Ujjivan Small Finance Bank also feature competitive rates, making them noteworthy choices for fixed deposit investors.