Small Finance Bank FD rates cross 8%: Should you move money from SBI, HDFC Bank or ICICI Bank?

Small finance banks are offering fixed deposit rates of up to 8.25% for regular customers and 8.50% for senior citizens, well above the rates offered by major lenders. For investors considering a switch from SBI, HDFC Bank or ICICI Bank, the higher returns need to be weighed against tenure, liquidity and the ₹5 lakh DICGC insurance limit.