Fixed Deposit: If you are planning to invest in Fixed Deposit (FD) then this news is useful for you. The country’s big government and private banks are giving bumper interest returns to their customers on FD. According to a report published in ET, customers in these banks are getting up to 7.75 percent interest on 1 year FD. Let’s take a look at 10 such banks which are giving the highest interest to their customers.
Here you are getting up to 8% interest
DCB Bank is giving 7.25 percent interest to its general customers on 1 year FD and 7.75 percent interest to senior citizen customers. While Tamilnad Mercantile Bank is giving 7.25 percent interest to its general customers on 1 year FD and 7.75 percent interest to senior citizen customers. Apart from this, Canara Bank is giving 7 percent interest to its general customers on 1 year FD and 7.50 percent interest to senior citizen customers.
Bumper returns are being offered in RBL Bank
On the other hand, Karnataka Bank is giving 7% interest to its general customers on 1 year FD and 7.40% interest to senior citizen customers. Apart from this, Deutsche Bank is giving the same interest to its general customers on 1 year FD and to senior citizen customers. Whereas RBL Bank is giving 7% interest to its general customers on 1 year FD and 7.50% interest to senior citizen customers.
SBI gives more than 7% interest
Bank of India is giving 7% interest to its general customers and 7.50% interest to senior citizen customers on 1 year FD. Whereas State Bank of India is giving 6.80% interest to its general customers and 7.30% interest to senior citizen customers. Apart from this, Bank of Baroda and Central Bank of India are giving 6.75% interest to their general customers and 7.25% interest to senior citizen customers on 1 year FD.
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