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HomePersonal FinanceFixed Deposit: You will get up to 8% interest on 1 year...

Fixed Deposit: You will get up to 8% interest on 1 year investment in these banks

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Fixed Deposit is still among the first choice of customers for safe investment of their deposits. If you also want to get bumper returns by investing in FD, then this news is for you.

Fixed Deposit is still among the first choice of customers for safe investment of their deposits. If you also want to get bumper returns by investing in FD in the near future, then this news is for you. Actually, at present, the country’s biggest public sector lenders and private sector banks are giving bumper returns to their customers on FD. If you also want to earn the maximum profit by doing 1 year FD, then these 10 banks can prove to be the best option for you. Let us know in detail about the 10 banks giving the highest interest on 1 year FD.

Here you get 7.75% interest

DCB Bank is offering 7.25% interest to its general customers on 1 year FD and 7.75% interest to senior citizen customers. Whereas, Tamilnad Mercantile Bank is offering 7.25% interest to its general customers on 1 year FD and 7.75% interest to senior citizen customers. Whereas, Canara Bank is offering 7% interest to its general customers on 1 year FD and 7.50% interest to senior citizen customers. Apart from this, Deutsche Bank is offering 7% interest to its general customers on 1 year FD and the same interest to senior citizen customers. Whereas, Karnataka Bank is offering 7% interest to its general customers on 1 year FD and 7.40% interest to senior citizen customers.

SBI is giving more than 7 percent interest

On the other hand, RBL Bank is giving 7 percent interest to its general customers on 1 year FD and 7.50 percent interest to its senior citizen customers. While Bank of India is giving 7 percent interest to its general customers on 1 year FD and 7.50 percent interest to its senior citizen customers. Apart from this, State Bank of India is giving 6.80 percent interest to its general customers on 1 year FD and 7.30 percent interest to its senior citizen customers. At the same time, Bank of Baroda is offering 6.75 percent interest to its general customers on 1 year FD and 7.25 percent interest to its senior citizen customers. While Central Bank of India is giving 6.75 percent interest to its general customers on 1 year FD and 7.25 percent interest to its senior citizen customers.

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Sunil Kumar
Sunil Kumar
Sunil Sharma has 3 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done B.Com in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @sunil.izone@gmail.com
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