Interest rates on FDs: This bank is offering high interest rates; before making an investment, make a list

 Interest rates on FDs: This bank is offering high interest rates; before making an investment, make a list

Interest rates on FDs: This bank is offering high interest rates; before making an investment, make a list

Interest Rates on Fixed Deposits (FDs): Prior to making any FD (Fixed Deposit) investments, you should be aware of the various banks' interest rates. We are providing you with information on the most recent interest rates given by significant government and commercial banks since we understand that it could be difficult for someone to verify the interest rates of every bank. Read the whole news story.

Comparing FD Interest Rates. Fixed deposits (FDs) are regarded as low-risk investments with certain profits. In the nation, almost every household has at least one FD. These days, banks increasingly use interest rate changes on fixed-rate deposits to entice customers.

It's critical that you understand where you will make the most money on your investment in this kind of scenario. either in a commercial bank's or a government bank's FD. Tell us about each government and commercial bank's available interest rate on fixed-rate deposits, one by one. On December 2, all of the interest rate information was obtained from the bank's official website. The interest rates shown below are all for deposits under Rs 2 crore.

Government Bank FD

BankTime FrameAll Citizens (Annual Interest)Senior Citizens (Annual Interest)

SBIMore over two years but not quite three years7 %7.5 percent

SBIFive to ten years6.5 percent7.5% PNBBetween two and three years7 %7.5% PNBBetween five and ten years6.5 percent7.3 percent

BIG BOBBetween two and three years7.4% of the total7.9% of the total

BIG BOBBetween five and ten years6.65 percent7.65 percent

UCO BankBetween two and three years6.30 per cent6.8% of the total

UCO BankFor FDs older than five years6.1 percent6.6 percent

 

FD in Exclusive Banks

BankTime FrameAll Citizens (Annual Interest)Senior Citizens (Annual Interest)

Bank HDFCMore over two years but not quite three years7 %7.5 percent

Bank HDFCFive to ten years7 %7.75 %

ICICI BankTwo years and one day to three years7 %7 %

ICICI BankFive years and one day to ten years7 %7 %

banks AxisMore over two years but not quite thirty months7.1 percent7.6% of the total

banks AxisFrom five to ten years for FD7 %7.75 %

Bank Kotak MahindraMore over two years but not quite three years7.1 percent7.6% of the total

Bank Kotak MahindraBetween five and ten years6.2 percent6.7 percent