I’m planning to do a Fixed Deposit at Utkarsh Small Finance Bank, but the bank executive is suggesting I open a savings account first. They mentioned that the minimum average balance required is ₹5000 quarterly, but no charges will be applied. I don’t need a debit card or any additional...
Currently Smallcase shows 5 options for making FDs:
1. North East Small Finance Bank
2. Suryoday Small Finance Bank
3. Utkarsh Small Finance Bank
4. Shivalik Small Finance Bank
5. South Indian Bank
Smallcase says that the deposit in each bank is insured upto Rs. 5 lakhs by DICGC. Is it safe to...