FD Rates: Despite many investment options available, people still prefer to invest money in FD schemes. We are telling you about the interest rates on FD schemes of top banks for a period of 2 to 3 years.
Fixed Deposit Rates: On Friday, after the end of the three-day meeting of the Monetary Policy Committee, the Reserve Bank announced not to make any changes in the repo rate. In such a situation, customers will continue to get the benefit of higher interest rates on FD schemes.
We are telling you about the interest rates available on FDs of 2 to 3 years from the top banks of the country.
State Bank of India, the country’s largest public sector bank, is offering 7 percent interest rate to general customers for a period of 2 to 3 years. This rate is available on deposits of less than Rs 2 crore. Under the 400-day Amrit Kalash scheme, general customers are getting the benefit of 7.10 percent interest rate.
Big private sector bank HDFC Bank is offering 7.15 percent interest rate to ordinary citizens on FD of 15 to 18 months.
The country’s second largest public sector bank i.e. Punjab National Bank is offering the maximum interest rate on FD of 444 days. The bank is offering 7.60 percent interest rate to general customers during this period.
ICICI Bank is offering 7.10 percent interest rate to general customers on FD ranging from 15 months to 2 years.
Talking about Canara Bank, the bank is offering 7.25 percent interest rate on deposits less than Rs 2 crore for a period of 444 days.
