FD Rates: IndusInd Bank, IDFC First Bank and Karur Vysya Bank have changed their FD rates in the last one week.
FD Rates: Fixed deposits are the most effective option for investors who do not want to take much risk in their investments and who are more concerned about the safety of money than returns. With the central banks increasing the key rates and not changing them for a long time, the interest on FD has also become attractive at present. There are many banks which are offering more than 8 percent return to their customers. Last week, 3 banks have reviewed the FD rates for their customers. Take a look at the offers being given by these banks
IndusInd Bank
IndusInd Bank has implemented new rates for its FDs from 26 November 2024. These rates will be applicable on FDs of less than Rs 3 crore. The bank is currently offering interest rates ranging from 3.5 per cent to 7.99 per cent to general customers. Senior citizens are getting half a percent extra. That is, the bank is offering a maximum of 8.49 percent. This much interest is being given on FDs between one year 5 months to one year 6 months.
IDFC First Bank
The bank has also implemented new rates from November 26. The bank is offering interest ranging from 3 percent to 7.9 percent to its general customers and 3.5 percent to 8.4 percent to senior citizens. These FDs are for a period of 7 days to 10 years. The highest interest is being given on FDs between 400 to 500 days.
Karur Vysya Bank
The new FD rates of the bank have come into effect from November 22. The bank is offering interest rates between 4 percent to 7.6 percent to general customers. The highest interest is 8.1 percent which senior citizens are getting on special deposits of 760 days.
(Disclaimer: The advice or views given are the personal views of the expert or the brokerage firm; the website or the management is not responsible for it. Please consult your financial advisor or certified expert before investing.)
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