Fixed Deposit Rates: After increasing the repo rate for six consecutive times by the RBI, all banks have increased the interest rates on FDs.
At present, the RBI has kept the interest rates stable in the current financial year in the meeting of the Monetary Policy Committee (MPC) on Thursday. At present, from private to government, small finance banks, foreign banks and small private banks are offering fierce interest on all FDs. Today, here we are telling you about the interest rate of top 10 banks on FD for a period of three years.
If you are going to invest in FD for higher interest, then you can invest in these FDs, by investing in which you can avail good interest. FD is not only a safe investment option but now it has also become a source of good returns. Banks have increased the interest rates of FD significantly.
1. HDFC Bank is offering interest rates ranging from 3.00% to 7.25% on FDs ranging from 7 days to 10 years to its general customers.
2. ICICI Bank is offering interest rates ranging from 3.00 per cent to 7.60 per cent on FDs ranging from 7 days to 10 years on FDs of less than Rs 2 crore to its general customers.
3. State Bank of India is offering its customers an interest rate of 3.00% to 7.10% on FDs of 7 days to 10 years on FDs of less than 2 crores.
4. Axis Bank is offering 3.50 to 7.85 percent interest rate on FDs of less than Rs 2 crore to its general customers. This interest is being offered on FDs ranging from 7 days to 10 years.
5. Bank of Baroda (BOI) is offering interest rate ranging from 3.00 per cent to 7.25 per cent on its FDs ranging from 7 days to 10 years. The bank is offering these rates to general customers on deposits of less than Rs 2 crore.
6. PNB is offering interest rate ranging from 3.50% to 7.50% on its FDs ranging from 7 days to 10 years. The bank is offering these rates to general customers on deposits of less than Rs 2 crore.
7. Union Bank is offering interest rate ranging from 3.00% to 7.00% on its FDs ranging from 7 days to 10 years. The bank is offering these rates to general customers on deposits of less than Rs 2 crore.
8. Canara Bank is offering interest rate ranging from 4.00 percent to 7.25 percent on its FDs ranging from 7 days to 10 years.
9. Kotak Mahindra Bank is offering interest rates ranging from 2.75 per cent to 7.20 per cent on its FDs ranging from 7 days to 10 years.
10. Yes Bank is offering interest rate ranging from 3.25% to 7.50% on its FDs ranging from 7 days to 10 years.
