Large and small banks alike are attempting to entice investors by providing higher interest rates—up to 7.7 percent—but only for a short time.
1. Ujjivan Small Finance Bank
2. Federal Bank
3. Suryoday Small Finance Bank
4. IDFC First Bank, RBL Bank, and Yes Bank
5. Karnataka Bank
Karnataka Bank offers 7.20 percent interest on FDs. The investment tenor is 555 days.
6. SBI, Bank of Baroda (BoB), HDFC Bank, and IDBI Bank