FD Interest Rates: If you are planning to invest in Fixed Deposit (FD), then this news is of your use. Big government and private banks of the country are giving bumper interest returns to their customers on FD.
FD Interest Rates: If you are planning to invest in Fixed Deposit (FD), then this news is of your use. Big government and private banks of the country are giving bumper interest returns to their customers on FD. According to a report published in ET, in these banks, customers are getting up to 7.75 percent interest on 1 year FD. Let’s take a look at 10 such banks which are giving the highest interest to their customers.
Here you are getting up to 8% interest
DCB Bank is giving 7.25 percent interest to its general customers on 1 year FD, while senior citizen customers are getting 7.75 percent interest. 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 returns are available 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 its general customers and 7.25% interest to senior citizen customers on 1 year FD.
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