FD Interest Rates: FD is such a scheme in which there is no risk of losing money. At the same time, returns are also available in lump sum. In such a situation, before withdrawing money from FD anywhere, you must compare the interest rates in banks.
If you are also planning to invest in bank FD then this news is for you. In this report, we are going to tell about those banks which are giving the highest interest on bank FD. In this we have included small finance banks, government banks and private banks.
Which banks are giving the highest interest on FD?
Unity Small Finance Bank
Unity Small Finance Bank is offering interest ranging from 4.5 percent to 9 percent to common investors. At the same time, the bank is giving interest ranging from 4.5 percent to 9.5 percent to senior citizens. The highest interest being given by the bank is on FD of 1001 days, which is 9 percent interest to common investors and 9.5 percent interest to senior investors.
Sarvodaya Small Finance Bank
Sarvodaya Small Finance Bank is offering interest ranging from 4 percent to 8.6 percent to general investors and 4.5 percent to 9.1 percent to senior citizens. Banks are offering the highest interest rate of 8.6 percent to general investors and 9.1 percent to senior investors on FDs of more than two years and less than three years.
DCB Bank
Common investors are getting interest ranging from 3.75 percent to 7.9 percent from the private sector DCB Bank. Senior citizens are being given interest ranging from 4.25 percent to 8.50 percent. These rates have come into effect on September 27, 2023.
State Bank of India
The country’s largest bank SBI is also offering attractive interest to FD investors. From SBI, common investors are getting interest ranging from 3.00 percent to 7.10 percent on FDs of 7 days to 10 years. At the same time, interest in the bank for senior investors ranges from 3.5 percent to 7.6 percent.
HDFC Bank
HDFC Bank is offering interest ranging from 3 percent to 7.20 percent to common investors. Senior citizens are getting interest ranging from 3.5 percent to 7.75 percent on making FD in the bank. HDFC implemented the new interest rates on October 1, 2023.
ICICI Bank
Private sector ICICI Bank is offering interest ranging from 3 percent to 7.1 percent to investors. Whereas for senior citizens it ranges from 3.50 percent to 7.65 percent. ICICI Bank last changed FD interest rates on October 16.
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