Fincare Small Finance Bank
Fincare Small Finance Bank offers 9.21 percent interest on fixed deposits for senior citizens for a tenure of 750 days.
Suryoday Small Finance Bank
Suryoday Small Finance Bank offers an interest rate of 9.10 per cent on fixed deposits of senior citizens for a period between two and three years.
Equitas Small Finance Bank
Equitas Small Finance Bank is currently offering 9.00 percent interest on fixed deposits of senior citizens for 444 days.
ISAF SMALL FINANCE BANK
Thrissur-based ISAF Small Finance Bank offers 9.00 percent interest on fixed deposits made by senior citizens for a tenure of more than two years and less than three years.
JANA SMALL FINANCE BANK
Jana Small Finance Bank offers an interest rate of 9.00 percent to senior citizens on fixed deposits for a tenure of between two years and three years (1095 days).
Small Finance Banks also operate under the supervision of the Reserve Bank of India (RBI). Therefore, the fixed deposits in Small Finance Bank also get insurance coverage up to five lakh rupees under the Deposit Insurance Scheme of RBI. 5 lakhs is covered from the date of deposit including the amount and interest.