Which Small Finance Bank Is Providing 7.5% Interest on Fixed Deposit

Small Finance Bank Fixed Deposits What are Small Finance banks? Small Finance Banks is a specific segment of banking created by RBI under the guidance of Government of India with an objective of furthering financial inclusion by primarily undertaking basic banking activities to un-served and under-served sections including small business units, small and marginal farmers, micro and small industries and unorganized entities. Like other commercial banks, these banks can undertake all basic banking activities including lending and taking deposits. After Covid-19 pandemic all Public sector banks and Private banks have reduced their interest rates on FD's drastically, hence senior citizens and others who depend on earnings from FD's interest are facing lots of problems. They are looking for an alternate option to invest and earn higher interest rates, For them these Small fiance banks may be a good option. Which Small Finance Bank is offering Highest Interest Rate In below table we