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Fixed Deposit is an investment on which returns are guaranteed. This is the reason why a large number of people invest in FDs.
But sometimes in a hurry and sometimes due to lack of information, investors put money in the wrong place. Due to which many times you have to suffer loss. If you also want to invest money in FD on the new year, then definitely check the interest rate of top 10 banks. Let us know where is getting better returns-
Let’s know the interest rate of top banks –
| Bank | 6 months or more but less than one year (%) | 1 year or more but less than 2 years (%) | 2 years or more Less than 3 years (%) | 3 years or more but less than 5 years (%) | 5 years or more (%) |
| Yes Bank | 4.75-5.00 | 5.75-6.00 | 6.00 | 6.25 | 6.25 |
| RBL Bank | 4.50-5.25 | 6.00 | 6.00 | 6.30 | 5.75-6.30 |
| Axis Bank | 4.40 | 5.10-5.25 | 5.40 | 5.40 | 5.75 |
| IDFC First Bank | 3.25-4.75 | 5.25 | 5.25-5.75 | 5.75-6.00 | 5.75-6.00 |
| Union Bank of India | 4.30-4.40 | 5.00-5.10 | 5.10-5.30 | 5.30-5.40 | 5.40-5.50 |
| Karnataka Bank | 5.00 | 5.10 | 5.10-5.20 | 5.40 | 5.40-5.50 |
| ICICI Bank | 3.50-4.40 | 4.90-5.00 | 5.00-5.20 | 5.20-5.40 | 5.40-5.60 |
| indusind bank | 4.25-5.50 | 6.00 | 6.00 | 6.00 | 5.50-6.00 |
| Dhanlaxmi Bank | 4.25 | 5.15 | 5.15-5.30 | 5.30-5.40 | 5.40-5.50 |
| SBI | 4.40 | 5.00 | 5.10 | 5.30 | 5.40 |
