Which bank gives 9.5% interest?

Unity Small Finance Bank Offers Up to 9.5% Interest on Fixed Deposits

Looking for a safe investment with solid returns? Unity Small Finance Bank is currently offering fixed deposit (FD) interest rates as high as 9.5%, making it one of the most attractive options for risk-averse investors seeking stable growth.

Available to both the general public and senior citizens, these competitive rates span FD tenures from as short as 7 days to as long as 10 years. Whether you're saving for a long-term goal or parking surplus funds temporarily, the flexibility in maturity periods allows you to choose what best fits your financial plan.

While most traditional banks offer FD rates well below 8%, Unity Small Finance Bank stands out in the current market landscape. For senior citizens, the upper limit remains at 9.5%, providing an excellent opportunity to maximize passive income during retirement. This makes it particularly appealing for those relying on interest payouts for monthly expenses.

It's worth noting that Unity Small Finance Bank is regulated by the Reserve Bank of India and offers deposit insurance up to ₹5 lakh per account, ensuring your savings are secure. As with any financial decision, it's wise to consider the lock-in period and compare it with your liquidity needs before investing.

With rising inflation, finding instruments that deliver real growth is more important than ever. At 9.5%, Unity’s FDs offer a rare combination of safety and return in today’s conservative interest rate environment. If you're looking to lock in a high-yield fixed deposit, now may be a good time to explore what Unity Small Finance Bank has to offer.