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Home Personal Finance Best FD Interest Rates 2023: From SBI to HDFC, 8 banks are...

Best FD Interest Rates 2023: From SBI to HDFC, 8 banks are giving strong returns on FD, know whose interest rate is higher?

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Best FD Interest Rates 2023: If you are thinking of making a fixed deposit of your money, then first know which bank is offering higher interest rates on FD?

Best FD Interest Rates 2023: Many of us like to invest in small schemes to avoid facing financial crisis in future. Whereas, some investors also like to keep their money in fixed deposit so that later they can get a good return due to the interest rate. However, to get good returns from your fixed deposits, you will have to invest in a bank that offers higher interest rates.

If you are thinking of investing your money somewhere for a long time or want to get the money deposited in FD, then first know about those banks which offer higher interest rates on FD. Higher interest rates are being given on fixed deposits by 8 banks including HDFC and State Bank of India. Let us know which bank is giving the highest returns?

1. HDFC Bank

  • Interest rate for general customers – 3% to 7.20%
  • Interest rate for senior citizens – 3.5% to 7.75%

2. ICICI Bank

Interest rate for general customers – 3% to 7.1%

Interest rate for senior citizens – 3.50% to 7.65%

3. Punjab National Bank (PNB)

  • Interest rate for general customers – 3.5% to 7.25%
  • Interest rate for senior citizens – 4% to 7.75%

4. Punjab & Sind Bank

  • Interest rate for general customers – 2.8% to 7.40%
  • Interest rate for senior citizens – maximum 7.50%

5. IDFC First Bank

  • Interest rate for general customers – 3.50% to 7.75%
  • Interest rate for senior citizens – 4% to 8.25%

6. State Bank of India (SBI)

  • Interest rate for general customers – 3% to 7.1%
  • Interest rate for senior citizens – 3.5% to 7.6%

7. RBL Bank

  • Interest rate for general customers – 3.50% to 7.80%
  • Interest rate for senior citizens – 4% to 8.30%

8. DCB Bank

  • Interest rate for general customers – 3.75% to 7.9%
  • Interest rate for senior citizens – 4.25% to 8.50%

9. Suryoday Small Finance Bank

  • Interest rate for general customers – 4% to 8.6%
  • Interest rate for senior citizens – 4.5% to 9.1%

10. Unity Small Finance Bank

  • Interest rate for general customers – 4.5% to 9%
  • Interest rate for senior citizens – 4.5% to 9.5%
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