SBM Bank is paying 8.25% interest to its general customers and up to 8.75% interest to senior citizen customers on FDs ranging from 3 years 2 days to less than 5 years.
FD Interest Rate: If you are planning to invest in Fixed Deposit (FD) then this news is useful for you. By investing in FD, customers get guaranteed income after a certain period. Actually, many private and government banks of the country are offering bumper interest to their customers on FD. According to a news published in ET, many big banks are offering up to 8.75 percent interest to their customers on FD. Let us know about 10 such banks which are offering the highest interest to their customers.
Here you are getting up to 8.75% interest
SBM Bank is giving 8.25% interest to its general customers and 8.75% interest to senior citizen customers on FDs of 3 years 2 days to less than 5 years. On the other hand, Bandhan Bank is giving 8% interest to its general customers and 8.50% interest to senior citizen customers on FDs of 600 days. Apart from this, DCB Bank is giving 8% interest to its general customers and 8.50% interest to senior citizen customers on FDs of 36 months. Whereas Deutsche Bank is giving 7.75% interest to its general customers and the same interest to its senior citizen customers on FDs of more than 2 years and up to 3 years.
IDFC is giving up to 8 percent interest
On the other hand, Yes Bank is giving 7.75 percent interest to its general customers and 8.25 percent interest to senior citizen customers on FDs ranging from 18 months to less than 36 months. Apart from this, RBL Bank is giving 7.50 percent interest to its general customers and 8 percent interest to senior citizen customers on FDs ranging from 24 months to less than 36 months. While IDFC First Bank is giving 7.50 percent interest to its general customers and 8 percent interest to senior citizens on FDs ranging from 1 year 1 day to 550 days.
Up to 8 percent interest is being given on FDs of 444 days
In the same sequence, Indusind Bank is giving 7.50 percent interest to its general customers and 8 percent interest to senior citizen customers on FDs ranging from 2 years 9 months to 3 years 3 months. Apart from this, HSBC Bank is giving 7.50 percent interest to its general customers and 8 percent interest to senior citizen customers on FDs ranging from 732 days to less than 36 months. While Karur Vysya Bank is giving 7.50 percent interest to its general customers and 8 percent interest to its senior citizen customers on FDs of 444 days.
