Best 10 FD Schemes for 2 Years in India 2024 (2024)

*Interest rates are revised from time to time by banks and financial institutions at their discretion

2-year FD rates highlights

1. Banks and NBFCs offer FDs with a two-year tenure at attractive interest rates.
2. Senior citizens are provided an additional interest rate of up to 0.50%.
3. The highest interest rate is offered by Utkarsh Small Finance Bank.
   

List of the best FD schemes for 2 years

Utkarsh Small Finance Bank

1. This bank offers the highest interest rate currently for FDs in the two-year tenure.
2. The rate of interest offered to general public is 8.00%
3. For senior citizens the applicable interest rate is 8.60%

Fincare Small Finance Bank

1. General public are offered 7.80% p.a. for investing in two-year FDs
2. The bank offer individuals' facilities like premature withdrawal, nomination, and loans on FDs
3. The option of joint account is also made available by Fincare Small Finance Bank
   

Suryoday Small Finance Bank

1. Suryoday Small Finance Bank offers different interest payout options and has a wide range of time deposit options.
2. The bank offers an interest rate of 8.50% p.a. to regular depositors
3. Senior citizens are offered an interest rate of 9.00% p.a
4. In case of premature withdrawal, 1% charge is applicable
5. The bank provides a minimum tenure of seven days and a maximum of ten years

ESF Small Finance Bank

1. The interest rates are applicable for all time deposits with a value of less than Rs.2 crore.
2. The bank offers an interest of 8.50% p.a. for general citizens
3. Senior citizens are paid an interest of 9.00% p.a.

1. Various benefits like loan and overdraft is provided to individuals by the NBFC