Amidst the ups and downs of the stock market, if you want to make a safe investment of your accumulated capital, then Fixed Deposit (FD) can be a good option. After investing in FD, you get guaranteed income after a fixed period.
Even in this race of rising inflation, many banks are giving interest of around 9% on FDs to their customers. Let us know about the top 10 such banks which give the highest interest to their customers on a fixed time period.
1. Bandhan Bank
Bandhan Bank is giving 8% interest on 600 days FD to its general customers while 8.50% interest to its senior citizen customers.
2. DCB Bank
DCB Bank is giving 8% interest on 36 months FD to its general customers while 8.50% interest to its senior citizen customers.
3. SVM Bank
SVM Bank is offering 8.25% interest to its general customers on FDs of more than 3 years 2 days and less than 5 years, while 8.75% interest to its senior citizen customers.
4. RBL Bank
RBL Bank is offering 7.50% interest to its general customers on FDs of 24 months to less than 36 months and 8% interest to its senior citizen customers.
5. IDFC First Bank
IDFC First Bank is offering 7.50% interest on FDs from 1 year 1 day to 550 days to its general customers and 8% to its senior citizen customers.
6. Deutsche Bank
Deutsche Bank is paying 7.75% interest on FDs of more than 2 years and less than 3 years to its general customers while 7.75% interest to its senior citizen customers.
7. IndusInd Bank
IndusInd Bank is paying 7.50% interest on FDs ranging from 2 years 9 months to 3 years 3 months to its general customers and 8% to its senior citizen customers.
8. Yes Bank
Yes Bank is paying 7.75% interest on FDs ranging from 18 months to less than 36 months to its general customers, while 8.25% to its senior citizen customers.
9. HSBC Bank
HSBC Bank is paying 7.50% interest on FDs ranging from 732 days to less than 36 months to its general customers, while 8% interest to its senior citizen customers.
10. Karur Vysya Bank
Karur Vysya Bank is paying 7.50% interest on 444 days FD to its general customers while 8% interest to its senior citizen customers.
Disclaimer: Only information about share performance is given here, it is not investment advice. Investing in stock market is subject to risk and please consult your advisor before investing.
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