FD Interest Rates: The country’s big government and private banks are offering bumper interest to their customers on FD. Many banks are giving maximum interest of 7.75 percent to customers on 1 year FD.
FD Interest Rates: If you are planning to invest your savings in fixed deposit (FD), then this news is of your use. Actually, the country’s big government and private banks are offering bumper interest to their customers on FD. According to a report published in ET, many banks are giving maximum interest of 7.75 percent to customers on 1 year FD. SBI is also included in these banks. Let us know about 10 such banks which are giving the highest interest to their customers on 1 year FD.
7.75% interest is available here
DCB Bank is giving 7.25 percent interest to its general customers on 1 year FD while 7.75 percent interest is given to senior citizen customers. Whereas Tamilnad Mercantile Bank is giving 7.25% interest to its general customers on 1 year FD and 7.75% interest to senior citizen customers. Apart from this, Canara Bank is giving 7% interest to its general customers on 1 year FD and 7.50% interest to senior citizen customers.
Bumper interest is being given in RBL Bank
On the other hand, Karnataka Bank is giving 7% interest to its general customers on 1 year FD and 7.40% interest to senior citizen customers. Apart from this, Deutsche Bank is giving the same interest to its general customers on 1 year FD and the same interest to senior citizen customers. Whereas RBL Bank is giving 7% interest to its general customers on 1 year FD and 7.50% interest to senior citizen customers.
SBI is giving more than 7% interest
Bank of India is giving 7% interest to its general customers on 1 year FD and 7.50% interest to senior citizen customers. Whereas State Bank of India is giving 6.80% interest to its general customers and 7.30% interest to senior citizen customers. Apart from this, Bank of Baroda and Central Bank of India are giving 6.75% interest to their general customers and 7.25% interest to senior citizen customers on 1 year FD.
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