FD Interest Rates: If you are looking for more than 8 percent interest on short-term fixed deposits, then some banks are offering this much interest. Today we are giving you the list of those banks.
FD Interest Rates: If you are also planning to get FD, then we are telling you about some such banks where you can get better returns. During the last few months, many banks of the country have made a tremendous increase in the interest rates offered on Fixed Deposit. These days many banks are giving very good interest on short term fixed deposits. Especially for senior citizens, many banks are offering 8 to 8.50% interest on FDs ranging from 1.25 years to 3 years.
At present, due to the continuous increase in interest rates, investors are getting more interest on fixed deposits. The biggest feature of bank FD is that you can choose the tenure of FD as per your convenience. Here we are telling about some such banks which are giving more than 8 percent interest on short-term fixed deposits. Means only benefit.
DCB Bank: DCB Bank is offering interest ranging from 3.75% to 8% to its customers for tenures ranging from 7 days to 10 years. The bank offers 8% on FD tenure of 15 months to less than 24 months.
Bandhan Bank: Bandhan Bank is giving interest between 3% to 8% on FDs ranging from 7 days to 10 years to the common people. The bank is giving the highest interest of 8% on 600 days FD.
IDFC First Bank: The bank is providing interest rate of 3.5% to 7.00% to IDFC First Bank customers for deposits maturing in 7 days to 10 years. IDFC First Bank is currently offering a maximum interest rate of 7.75 per cent on deposits maturing in 18 months 1 day to 3 years (549 days to 3 years).
IndusInd Bank: IndusInd Bank offers interest rates ranging from 3.50% to 7.75% to the general public for tenures ranging from 7 days to 10 years. The bank is paying interest at the highest rate of 7.75% on the time frame of 1 year 6 months to 2 years 9 months.
Axis Bank: Axis Bank is offering interest ranging from 3.50 per cent to 7 per cent on fixed deposits ranging from 7 days to 10 years. The bank is offering the highest interest rate of 7.20 per cent on FDs maturing in 2 years to 30 months, while senior citizens will get interest at the rate of 7.95 per cent on FDs of this period.
