If you also want to invest money for your future, then FD is a great option. You can make good savings by investing on FD. Today we will tell you which bank is paying the highest interest on FD.
After increasing the repo rate by RBI, almost all the banks have also increased the interest rates. Banks are increasing the interest rate on loans and FDs. Due to this, taking loans from banks has become expensive. At the same time, there is a competition in banks to pay maximum interest on FD. In such a situation, if you are planning to invest somewhere, then investing in FD can be very beneficial.
Now you must be thinking that in which bank it would be better to get FD. Today we are telling you about the interest rates on FDs of 3 major private sector banks Axis Bank, ICICI Bank, HDFC Bank. These banks have increased the interest on FDs only in recent times. Let us know about the interest rates of these banks.
HDFC Bank
Private sector veteran bank HDFC Bank has FD plans available for you for a period ranging from 15 days to 10 years. The bank is offering maximum interest on FDs for a period ranging from 15 months to 18 months. For ordinary citizens, this interest is 7.10 percent, while for senior citizens, it is being offered at the rate of 7.60 percent. These new FD rates of the bank are applicable from 21 February 2023.
ICICI Bank
ICICI Bank has many FD plans available for you for a period ranging from 7 days to 10 years. The bank is offering maximum interest on FDs for a period ranging from 18 months to 2 years. Its interest rates are 7.10 percent for general citizens and 7.60 percent for senior citizens. These new FD rates of the bank are applicable from 24 February 2023.
Axis Bank
Axis Bank also has many FD plans available for a period of up to 10 years. This bank is giving maximum interest on FD for a period of more than 2 years and less than 30 months. It is offering interest at the rate of 7.26 per cent for general citizens and 7.01 per cent for senior citizens.
