FD Rates : Till now, people investing in Fixed Deposit have benefited a lot due to rising interest rates. Interest rates on fixed deposits have increased significantly in the last few months. There are many banks which are offering interest rates up to 8 percent on FD.
Senior citizens also get the benefit of extra interest of 0.50 percent. FD is one of the safest investment options, so you can also invest money in it. Here we are telling you about the FD rates of big banks of the country.
ICICI Bank
This bank is offering interest between 3.00 percent to 7.10 percent on its FD schemes. Senior citizens are getting interest between 3.50 percent to 7.60 percent for FDs ranging from 7 days to 10 years. The interest rates for general customers on FD maturing in one year are 6.70 percent.
HDFC Bank
HDFC Bank is offering good interest rates on fixed deposits maturing in one year. General investors will get 6.60 percent interest rate on these deposits while senior citizens will get 7.10 percent interest rate. HDFC Bank is offering interest ranging from 3 percent to 7.25 percent on its FD.
SBI Bank
General customers get interest ranging from 3 percent to 7.1 percent on FD of State Bank of India (SBI), while senior citizens will get additional interest of 50 basis points i.e. 0.50 percent. It is giving 6.80 percent interest to general customers on one year FD.
Bank of Baroda
Bank of Baroda offers 4.5 percent interest on FDs with a tenure of 181 to 210 days. It is offering an interest rate of 6.75 percent on FDs maturing between one and two years. Senior citizens are being given 7.25 percent interest rate on one year FD.
Punjab National Bank (PNB)
PNB Bank is offering 3.50 percent and 7.25 percent interest on FD. It is giving 6.75 percent interest on FD maturing in one year. Senior citizens are being given an interest rate of 7.25 percent on one year plan.
