Get Up to 8% Interest on 5-Year FDs from These Banks

• Several banks are offering up to 8% interest on 5-year Fixed Deposits (FDs) for general citizens under 60.
• Suryoday Small Finance Bank and Jan Small Finance Bank offer an 8% interest rate on 5-year FDs.
• Ujjivan Small Finance Bank provides a 7.2% interest rate on 5-year FDs for general citizens.
• The maximum investment limit for these high-interest FDs is ₹3 crore.
• Tax Deducted at Source (TDS) applies if FD interest exceeds ₹1 lakh, but it can be claimed back during ITR filing.

Why It Matters: It helps readers find high-interest FDs for better financial growth.