look news india
FD Interest Rate: Fixed Deposit (FD) is still considered a better option to get better returns in a fixed period. Bank FDs do not have many market risks like mutual funds, so people invest money in them with confidence. Nowadays many banks have started giving higher returns on fixed deposits. Many banks and non-banking financial companies (NBFCs) are offering interest up to 9.60 percent to their customers.
If you also want to earn good profits by investing your savings in bank FD, then this news is for you. Let us know about five such banks which are giving the highest returns to their customers on 3 year FD.
Bandhan Bank
In Bandhan Bank, customers are being given interest on deposits at the rate of 7.45%-7.85% on 3 year FD. The highest interest rate available on depositing money in the bank for at least 500 days is 7.85%.
RBL Bank
If you are expecting good returns on bank FD, then in this matter RBL Bank is also not behind in giving better interest rates to the customers. In RBL Bank, general customers are being given an interest rate of 7.50 percent on 3 years fixed deposit. Whereas for senior citizens the interest on FD is 8.10 percent.
IDFC First Bank
If you make FD for 1 to 3 years in IDFC First Bank, you are getting returns at the interest rate of 6.50% to 8%. The highest interest rate offered by the bank is 8% on FDs with a minimum tenure of 500 days.
DCB Bank
DCB Bank is offering interest rates of 7.15% to 8% on fixed deposits for a period of 1 to 3 years. The bank is offering the highest interest of 8% on fixed deposits, which is applicable on FDs with a tenure of 25 to 26 months.
IndusInd Bank
IndusInd Bank is also one of those banks which gives the highest interest on FD to its customers. Customers are being given returns between 7% to 7.65% on fixed deposits with a tenure of 1 to 3 years. In IndusInd Bank, a maximum interest rate of 8% is being given on FD, the benefit of which can be availed on FD with a tenure of 1 to 2 years.