look news india
Fixed Deposit (FD) is still a great option for Indian customers to invest their savings. By investing in fixed deposits, customers get guaranteed income after a fixed period. If you are also planning to earn bumper profits by doing FD in the near future, then this news is for you. Actually, many big government and private banks of the country are offering bumper returns on 1 year FD to their customers. According to a news published in ET, 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 percent interest on 1 year FD to its general customers while senior citizen customers are getting 7.75 percent interest. Whereas Tamil Nadu Mercantile Bank is giving 7.25 percent interest on 1 year FD to its general customers while senior citizen customers are getting 7.75 percent interest. Apart from this, Canara Bank is giving 7 percent interest on 1 year FD to its general customers while senior citizen customers are getting 7.50 percent interest. Whereas Karnataka Bank is giving 7 percent interest on 1 year FD to its general customers while senior citizen customers are getting 7.40 percent interest. While Deutsche Bank is giving 7 percent interest on 1 year FD to its general customers, the senior citizen customers are getting the same interest.
SBI is giving more than 7 percent interest
Whereas Bank of India is giving 7 percent interest on 1 year FD to its general customers and 7.50 percent interest to its senior citizen customers. Whereas State Bank of India is giving 6.80 percent interest on 1 year FD to its general customers and 7.30 percent interest to its senior citizen customers. Apart from this, Bank of Baroda is giving 7 percent interest on 1 year FD to its general customers and 7.25 percent interest to its senior citizen customers. Whereas Central Bank of India is giving 6.75 percent interest on 1 year FD to its general customers and 7.25 percent interest to its senior citizen customers.