By investing in FD, customers get guaranteed income after a certain period. At present, the country’s big private and government banks are giving great returns on FD.
If you are planning to invest in Fixed Deposit (FD), then this news is of your use. Actually, by investing in FD, customers get guaranteed income after a certain period. Let us tell you that at present, the country’s big private and government banks are giving great returns on FD. Apart from this, banks are also offering additional interest to their senior citizen customers. In such a situation, let us know about 10 such banks which are offering the highest interest to their customers on 1 year FD.
Up to 7.75 percent return is available here
DCB Bank is giving 7.25 percent interest to its general customers on 1 year FD while 7.75 percent interest to senior citizen customers. While Tamilnadu Mercantile Bank is giving 7.25% interest to its general customers and 7.75% interest to senior citizen customers on 1 year FD. Canara Bank is giving 7% interest to its general customers and 7.50% interest to senior citizen customers on 1 year FD. On the other hand, Karnataka Bank is giving 7% interest to its general customers and 7.40% interest to senior citizen customers on 1 year FD.
Up to 7.50% interest is available in BOI
On the other hand, Deutsche Bank is offering 7% interest to its general customers on 1 year FD while the same interest is offered to senior citizen customers. Apart from this, RBL Bank is giving 7% interest to its general customers and 7.50% interest to its senior citizen customers on 1 year FD. On the other hand, Bank of India is giving 7% interest to its general customers on 1 year FD and 7.50% interest to its senior citizen customers.
SBI is giving bumper returns
State Bank of India (SBI) is giving 6.80% interest to its general customers on 1 year FD and 7.30% interest to its senior citizen customers. Whereas Bank of Baroda is giving 6.75% interest to its general customers on 1 year FD and 7.25% interest to its senior citizen customers. On the other hand, Central Bank of India is giving 6.75% interest to its general customers on 1 year FD and 7.25% interest to its senior citizen customers.
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