If you open an FD in the country’s largest government bank SBI and invest for 3 to 5 years, then 5.4% interest will be given on it.
FD Rates: Bank Fixed Deposits (FDs) remain a very popular investment product not only among senior citizens, but also by those who cannot afford guaranteed returns and equity market. Sometimes we want to invest money only for a short time, then FD (Fixed Deposit) can be a good option for you. If you want, you can choose FD of 6 months. FD facility from 7 days to 10 years is given to the customers by the bank. You can invest your money in big banks like SBI, PNB, HDFC Bank, Canara Bank, Bank of Baroda and ICICI. Today we tell you which banks are giving you how much interest:
SBI Fixed Deposit (FD) Rates
If you open an FD in the country’s largest government bank SBI and invest for 3 to 5 years, then 5.4% interest will be given on it. At the same time, an additional 50 bps interest rate is provided to senior citizens for all tenors. Apart from this, 3.9% interest on fixed deposits between 46 days to 179 days and the bank gives the benefit of 4.40 percent interest to senior citizens.
ICICI Fixed Deposit Interest Rates
ICICI Bank is giving the benefit of interest at the rate of 3.25 percent to its customers. Let us tell you that on 6-month FD, the bank is offering 3.25 percent interest to both common citizens and senior citizens.
HDFC Fixed Deposit Rates
Talking about HDFC, the largest private sector bank, common citizens are getting interest at the rate of 3.50 percent here. At the same time, senior citizens are getting the benefit of 4 percent interest.
PNB Fixed Deposit Rates
Punjab National Bank is offering its customers the benefit of 4.40 percent interest on fixed deposits of 6 months. At the same time, it is giving interest at the rate of 4.90 percent to senior citizens.
Canara Bank FD Rates
Canara Bank is offering its customers the benefit of 4.40 percent interest on fixed deposits of 6 months. At the same time, it is giving interest at the rate of 4.90 percent to senior citizens.
Bank Of Baroda FD Rates
Apart from this, if we talk about government bank BOB, here customers are getting the benefit of interest at the rate of 3.70 percent. At the same time, it is giving interest at the rate of 4.20 percent to senior citizens.
Axis Bank FD Rates
Axis Bank is giving the benefit of interest at the rate of 3.50 percent to its customers. Let us tell you that on 6-month FD, the bank is offering 3.50 percent interest to both common citizens and senior citizens.
YES Bank FD Rates
YES Bank is giving its customers the benefit of 4.50 percent interest on fixed deposits for 6 months. At the same time, it is giving interest at the rate of 5.00 percent to senior citizens.
RBL Bank FD Rates
RBL Bank is giving its customers the benefit of 4.50 percent interest on fixed deposits of 6 months. At the same time, it is giving interest at the rate of 5.00 percent to senior citizens.