For the last few years, banks have been offering huge interest on FD. Let us know about those 5 banks which are offering the highest interest on 1 year FD to their customers.
If you are planning to invest in Fixed Deposit (FD) in the near future, then this news is useful for you. By making fixed deposits, customers get guaranteed income with bumper returns after a fixed period. For the last few years, banks have been offering huge interest rates to FD customers. Today we are going to tell you about those 5 banks which are offering the highest interest on 1 year FD to their customers. Let us know about the complete news in detail.
DCB Bank
DCB Bank is offering 7.25% interest to its general customers on 1 year FD. At the same time, the bank is offering 7.75 percent interest to its senior citizen customers for the same period.
Tamilnad Mercantile Bank
Tamilnad Mercantile Bank is giving 7.25% interest to its general customers on 1 year FD. On the other hand, the bank is offering 7.75 percent interest to its senior citizen customers on FD for the same period.
Canara Bank
Canara Bank is giving 7% interest to its general customers on 1 year FD. On the other hand, the bank is offering 7.75 percent interest to its senior citizen customers for the same period.
Karnataka Bank
Karnataka Bank is giving 7% interest to its general customers on 1 year FD. At the same time, the bank is giving 7.40 percent interest to its senior citizen customers for the same period.
Deutsche Bank
Deutsche Bank is giving 7% interest to its general customers on 1 year FD. On the other hand, the bank is also offering only 7% interest to its senior citizen customers on FD for the same period.