The country’s big government and private banks are offering bumper interest to their customers on FD. Many banks are giving customers up to 7.75 percent interest on 1 year FD.
FD Rate: If you are planning to invest your savings in Fixed Deposit (FD) then this news is useful for you. Actually, the country’s big government and private banks are offering bumper interest to their customers on FD. According to a report published in ET, many banks are giving maximum interest of 7.75 percent on 1 year FD to customers. SBI is also included in these banks. Let us know about 10 such banks which are giving the highest interest to their customers on 1 year FD.
Here you are getting 7.75% interest
DCB Bank is giving 7.25% interest to its general customers on 1 year FD and 7.75% interest to senior citizen customers. While Tamilnad Mercantile Bank is giving 7.25% interest to its general customers on 1 year FD and 7.75% interest to senior citizen customers. Apart from this, Canara Bank is giving 7% interest to its general customers on 1 year FD and 7.50% interest to senior citizen customers.
RBL Bank is giving bumper interest
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. Apart from this, Deutsche Bank is giving the same interest to its general customers on 1 year FD and to senior citizen customers. While RBL Bank is giving 7% interest to its general customers on 1 year FD and 7.50% interest to senior citizen customers.
SBI is giving more than 7% interest
Bank of India is giving 7% interest to its general customers on 1 year FD and 7.50% interest to senior citizen customers. While State Bank of India is giving 6.80% interest to its general customers and 7.30% interest to senior citizen customers. Apart from this, Bank of Baroda and Central Bank of India are giving 6.75 percent interest on 1 year FD to their general customers and 7.25 percent interest to senior citizen customers.
