FD Highest Interest Rate: If you want to get an FD of less than Rs 2 crore for a year, then you will first have to look at the interest rates of the leading banks of the country. Here we are telling you about the current interest rates on FD for one year period of top 5 banks. This will help you understand where you should invest your money.
State Bank of India (SBI): The country’s largest bank, State Bank of India, is offering interest at the rate of 6.80 percent on fixed deposits for tenure ranging from 1 year but less than 2 years. According to the official website of the bank, this interest rate for senior citizens is 7.30 percent.
HDFC Bank: HDFC, the largest private sector bank, is currently offering 6.60 percent interest on FDs of more than 1 year but less than 15 months. Senior citizens are being given 7.10 percent interest for the same period.
Punjab National Bank: Leading public sector Punjab National Bank is also offering 6.75 percent interest for one year FD as per the rate applicable from June 1, 2023. At the same time, 7.25 percent interest is being offered to senior citizens in this bank.
Punjab National Bank: Leading public sector Punjab National Bank is also offering 6.75 percent interest for one year FD as per the rate applicable from June 1, 2023. At the same time, 7.25 percent interest is being offered to senior citizens in this bank.
Bank of Baroda: If you want to make FD in public sector Bank of Baroda, then you will get interest at the rate of 6.75 percent. At the same time, this bank is giving interest at the rate of 7.25 percent to senior citizens.
