By investing in FD, customers get guaranteed income after a certain period. Currently, the country’s big private and government banks are giving excellent returns on FD.
If you are planning to invest in Fixed Deposit (FD) then this news is useful for you. Actually, by investing in FD, customers get guaranteed income after a certain period. Let us tell you that at present, the big private and government banks of the country are giving great returns on FD. Apart from this, banks are also offering additional interest to their senior citizen customers. In such a situation, let us know about 10 such banks which are offering the highest interest to their customers on 1 year FD.
Here you can get up to 7.75% return
DCB Bank is giving 7.25% interest to its general customers on 1 year FD and 7.75% interest to senior citizen customers. While Tamilnadu Mercantile Bank is giving 7.25% interest to its general customers on 1 year FD and 7.75% interest to senior citizen customers. Canara Bank is giving 7% interest to its general customers on 1 year FD and 7.50% interest to senior citizen customers. On the other hand Karnataka Bank is giving 7% interest to its general customers on 1 year FD and 7.40% interest to senior citizen customers.
BOI is offering up to 7.50 percent interest
On the other hand, Deutsche Bank is offering 7 percent interest on 1-year FD to its general customers and the same interest to senior citizen customers. Apart from this, RBL Bank is offering 7 percent interest to its general customers and 7.50 percent interest to its senior citizen customers on 1-year FD. On the other hand, Bank of India is offering 7 percent interest to its general customers and 7.50 percent interest to its senior citizen customers on 1-year FD.
SBI is giving bumper returns
State Bank of India (SBI) is offering 6.80 percent interest to its general customers and 7.30 percent interest to its senior citizen customers on 1-year FD. Whereas Bank of Baroda is offering 6.75 percent interest to its general customers and 7.25 percent interest to senior citizen customers on 1-year FD. On the other hand, Central Bank of India is giving 6.75 percent interest on 1 year FD to its general customers and 7.25 percent interest to senior citizen customers.
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