Sunday , November 24 2024

FD rates: These banks including SBI are giving strong returns on FD, you will get up to 7.75% interest on 1 year investment; Know the details | News India

If you want to invest in Fixed Deposit (FD) in the near future and get guaranteed income after a certain period, then this news is useful for you. Actually, many big government and private banks of the country are giving up to 8 percent interest to their customers 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 percent interest to its general customers on 1 year FD while 7.75 percent interest to senior citizen customers. Apart from this, Canara Bank is giving 7 percent interest to its general customers on 1 year FD while 7.50 percent interest to senior citizen customers. Whereas Karnataka Bank is giving 7 percent interest to its general customers on 1 year FD while 7.40 percent interest to senior citizen customers. Whereas Deutsche Bank is giving 7 percent interest to its general customers on 1 year FD while the same interest to senior citizen customers. Whereas RBL Bank is giving 7 percent interest to its general customers on 1 year FD while 7.50 percent interest to senior citizen customers.

SBI is giving more than 7% interest

On the other hand, Bank of India is giving 7% interest to its general customers on 1 year FD and 7.50% interest to its senior citizen customers. While State Bank of India is giving 6.80% interest to its general customers on 1 year FD and 7.30% interest to its senior citizen customers. Apart from this, Bank of Baroda is giving 7% interest to its general customers on 1 year FD and 7.25% interest to its senior citizen customers. While Central Bank of India is giving 6.75% interest to its general customers on 1 year FD and 7.25% interest to its senior citizen customers.