State Bank of India (SBI) is offering 6.80 per cent interest to its general customers and 7.30 per cent interest to its senior citizen customers on 1-year fixed deposits.
If you want to get guaranteed income after a certain period by investing in Fixed Deposit (FD) in the near future, then this news is useful for you. Actually, many big government and private banks of the country are giving their customers up to 8 percent interest on 1 year FD. DCB Bank comes first among them. DCB Bank is giving 7.25 percent interest to its general customers on 1 year FD and 7.75 percent interest to its senior citizen customers. Let us know in detail about the FD rates of the 10 banks giving the highest interest on 1 year investment.
Here you are getting 7.75% interest
Let us tell you that Tamilnadu Mercantile Bank is giving 7.25% interest to its general customers on 1 year FD while 7.75% interest to senior citizen customers. Apart from this, Canara Bank is giving 7% interest to its general customers on 1 year FD while 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 while 7.40% interest to senior citizen customers. While Deutsche Bank is giving 7% interest to its general customers on 1 year FD while the same interest to senior citizen customers. At the same time, RBL Bank is giving 7% interest to its general customers on 1 year FD while 7.50% interest to senior citizen customers.
SBI is giving more than 7 percent interest
On the other hand, Bank of India is giving 7 percent interest to its general customers on 1 year FD and 7.50 percent interest to its senior citizen customers. Whereas State Bank of India is giving 6.80 percent interest to its general customers and 7.30 percent interest to its senior citizen customers on 1 year FD. Apart from this, Bank of Baroda is giving 7 percent interest to its general customers on 1 year FD and 7.25 percent interest to its senior citizen customers. Whereas, Central Bank of India is giving 6.75 percent interest to its general customers on 1 year FD and 7.25 percent interest to its senior citizen customers.
