Fixed deposit rates: The market is constantly hiccups and the interest on deposits in banks is getting very nominal. In such a situation, the problem before the investors is where to invest their hard earned money, where the money is safe and returns are also getting decent.
If you are looking for a new investment option for tax saving with fixed income without taking any risk, then Banks Fixed Deposit ie FD can be a better option. There are many such private small banks, which are offering higher FD interest rate on FD than other government banks. These banks are giving interest up to 6.30 percent.
RBL Bank FD Rate
The private sector’s RBL Bank interest rate is offering 6.30 percent annual interest on three-year fixed deposits. RBL Bank is paying the highest interest among all the private banks. If you deposit one lakh rupees in RBL Bank, then after three years you will get 1.21 rupees.
Yes Bank FD Rate
Yes Bank is giving an interest of 6.25 percent per annum on three-year FD. If you deposit one lakh rupees in Yes Bank for three years, then on maturity you will get 1.20 lakh rupees. You can start FD in Yes Bank with as low as Rs 10,000.
IndusInd Bank FD Rate
IndusInd Bank is also paying more interest on fixed deposits than public sector banks. This bank is offering 6% interest on FDs. On investment of Rs 1 lakh for three years, you will get Rs 1.19 lakh on maturity. FD account can also be opened in IndusInd Bank with Rs 10,000.
Ujjivan Small Finance Bank
Ujjivan Small Finance Bank is offering an interest rate of 6.25 per cent per annum on deposits of less than Rs 2 crore on five-year FDs. These interest rates of the bank are applicable from 16 August 2021. In this, senior citizens will get 0.50 percent more interest.
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