FD Rates : In the month of September, 15 such banks are giving more than 8 percent interest on FD. If you also want to take advantage of 8 percent interest on FD, then you can invest in them. Public banks, private banks, small finance banks, and foreign banks are all included in the count of banks giving 8 percent interest on FD. Some of these banks like Northeast Small Finance Bank are giving interest rates up to 9%. Unity Small Finance Bank and RBL Bank are also offering 9% and 8.10% interest rates respectively. Yes Bank and Deutsche Bank are also giving 8% interest. Check the complete list of interest and banks here.

Here are the 15 banks offering FD interest rates of 8% or more:

1. AU Small Finance Bank

Interest Rate: 8%

Duration: 18 months

2. Equitas Small Finance Bank

Interest Rate: 8.50%

Period: 444 days

3. ESAF Small Finance Bank

Interest Rate: 8.25%

Period: 2 years to less than 3 years

4. Jana Microfinance

Interest Rate: 8.25%

Period: 365 days to 1095 days

5. Northeast Small Finance Bank

Interest Rate: 9%

Period: 546 days to 1111 days

6. Suryoday Small Finance Bank

Interest Rate: 8.65%

Duration: 2 years 2 days

7. Ujjivan Small Finance Bank

Interest Rate: 8.25%

Period: 12 months

8. Unity Small Finance Bank

Interest Rate: 9%

Period: 1001 days

9. Utkarsh Small Finance Bank

Interest Rate: 8.50%

Period: 2 years to 3 years; 1500 days

10. Bandhan Bank

Interest Rate: 8%

Period: 1 year 9 months

11. DCB Bank

Interest Rate: 8.05%

Period: 19 months to 20 months

12. RBL Bank

Interest Rate: 8.10%

Period: 500 days

13. SBM Bank India

Interest Rate: 8.25%

Period: More than 18 months to less than 2 years 3 days

14. Yes Bank

Interest Rate: 8%

Duration: 18 months

15. Deutsche Bank

Interest Rate: 8%

Period: Above 1 year to 3 years

These banks have recently revised FD rates

Four banks, Karnataka Bank, Bank of Baroda, City Union Bank, and Bank of India have recently revised their FD rates. The official websites of the banks have a complete list of FD rates available to the general public and senior citizens. If you want to avail higher interest rates on your savings, then this may be the right time to invest in fixed deposits.