Which bank gives 7% interest or more than that on fixed deposits?
From my experience, if you’re looking for a bank that gives around 7% interest on fixed deposits. Some small finance banks usually offer these higher rates such as Unity Small Finance Bank on 5 year FD or AU Small Finance Bank on 3 year FD. Indusind bank also currently offers 7% on 2 -year FD. These banks try to attract more customers by offering better returns than bigger banks like SBI or HDFC. But remember, interest rates keep changing and depend on your deposit amount and duration. So it’s always a good idea to check the bank’s official website before investing.