https://www.desidime.com/comments/permalink/10022158
recently they issue ipo na ?
Is it safe to invest INR 5 lakhs as a Fixed deposit (FD) in Utkarsh Small Finance Bank ?
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Considering that the rate of interest offered on a 3-year investment is 9.10%,
which is the highest when compared to other banks?
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https://www.desidime.com/comments/permalink/10023299
yes and its 8.5% for regular folks and 9.1% for senior citizens so if you are going to have it senior citizen then Suryoday gives 9.25% for 5yrs which is like 11.5% annualized and highest is Unity which gives 9.5% for 1001 days however with terms of easy of maintaining and having everything online, better to go with Suryoday (using it) as Unity are yet to go live with online banking which they are saying for last 1yr meaning you need to visit branch all the time
https://www.desidime.com/comments/permalink/10023341
Why not IDFC first bank at 8% for 15 months.? Its also a good option.
https://www.desidime.com/comments/permalink/10023498
I am creating FD at equitas bank @ 8.5% (general) , 9% (senior citizen)
Pros
1. Online banking is good, can do basic banking txns easily using app/website
2. Interest is credited back to savings account every quarter, I like this as it helps me manage cash flow better.
Also for safe investors, going long term as interest is credited every quarter, can go for almost 5L and no need to reduce FD amount to get principal plus interest under 5L.
Cons
1. SFB
Any other better bank giving substantially better interest and also has good online banking along with better financials than equitas bank, pls share details.
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yes and its 8.5% for regular folks and 9.1% for senior citizens so if you are going to have it senior citizen then Suryoday gives 9.25% for 5yrs which is like 11.5% annualized and highest is Unity which gives 9.5% for 1001 days however with terms of easy of maintaining and having everything online, better to go with Suryoday (using it) as Unity are yet to go live with online banking which they are saying for last 1yr meaning you need to visit branch all the time
I am creating FD at equitas bank @ 8.5% (general) , 9% (senior citizen)
Pros
1. Online banking is good, can do basic banking txns easily using app/website
2. Interest is credited back to savings account every quarter, I like this as it helps me manage cash flow better.
Also for safe investors, going long term as interest is credited every quarter, can go for almost 5L and no need to reduce FD amount to get principal plus interest under 5L.
Cons
1. SFB
Any other better bank giving substantially better interest and also has good online banking along with better financials than equitas bank, pls share details.