Key Points
Here are banks which offer interest rates of up to 9% to regular citizens..
Unity Small Finance Bank offers the highest interest rate of 9% to regular citizens on tenure of 1001 days..
Suryoday Small Finance Bank offers the highest interest rate 8.51% on tenure of 999 days and 8.01% on tenure above 1 Year 6 months to 2 years...
According to the Suryoday SFB, In case of premature withdrawal, the interest is calculated on the principal amount for completed quarters and then for the balance period, interest is calculated for completed months and further for the incomplete month on actual number of days...
Shivalik Small Finance Bank offers the highest interest rate of 8.15% on tenure of 18 months to less than 24 months for balances between RS 25 lakh to Rs 2 crore..
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