Get interest rate up to 9.10% on this bank FDs

Suryoday Small Finance Bank (SSFB) has taken a distinctive step by revising its Fixed Deposit (FD) interest rates upward for deposits less than Rs 3 crore, defying the prevailing trend of rate reductions among major banking institutions.

Suryoday Small Finance Bank has increased rates by up to 41 basis points (bps) for select tenures, notably on the 25-month slab. Post-revision, general customers will earn FD rates ranging from 4% to 8.60%, while senior citizens enjoy rates from 4.5% to 9.10%, according to the bank’s press release.

Post office vs bank FD: Highest 3-year interest rate on fixed deposit for Rs 5 lakh investment in 2025

Even though major banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, and smaller lenders like Shivalik Small Finance Bank and Utkarsh Small Finance Bank have lowered their fixed deposit (FD) interest rates in response to the Reserve Bank of India's (RBI) recent 25 basis point repo rate cut, Suryoday Small Finance Bank is the only one that has raised its FD rates.

Bank of Baroda, Kotak Mahindra Bank revise FD interest rates: Check latest rates in May 2025

Regular Suryoday Small Finance Bank customers get 8.60% per annum on 5-year and 1001-day tenures, and 8.00% for deposits between 1 year and 15 months.

Senior citizens benefit from up to 9.10% on 5-year FDs and a 9.42% annualized yield on tax-saving FDs. Recurring Deposits (RDs) also offer up to 8.60% for 5 years, after the latest revision.

Latest Suryoday Small Finance Bank FD rates

Source: Bank website

RD interest rates


Are small finance banks safe to invest in?

All Suryoday Small Finance Bank FDs are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC) up to Rs 5 lakh per depositor, ensuring safety and reliability.