FD Rates: SBI is the largest public sector bank in the country. It offers its customers interest rates ranging from 2.90 percent to 5.65 percent on FDs of 7 days to 10 years.
Fixed Deposit Rates: In the recent past, the Reserve Bank of India has increased the repo rate continuously. Due to this many banks have also increased their deposit rates like FD rates, RD rates, savings account interest rates.
If you are also looking for investment in any safe investment scheme, then fixed deposit scheme is a great investment option for you.
State Bank of India is the largest public sector bank in the country. It offers its customers interest rates ranging from 2.90 percent to 5.65 percent on FDs ranging from 7 days to 10 years. This rate is offered by the bank to the general citizens. At the same time, interest rates ranging from 3.40 percent to 6.45 percent are offered to senior citizens.
HDFC Bank offers its ordinary citizens an interest rate ranging from 2.75 percent to 5.75 percent on FDs of 7 days to 10 years. At the same time, interest rates ranging from 3.25 percent to 6.50 percent are offered to senior citizens.
On the other hand, IDFC First Bank is offering its customers interest rates ranging from 3.50 percent to 6.00 percent on FDs ranging from 7 days to 10 years. Senior citizens are offered interest rates ranging from 4.00 percent to 6.50 percent.
Bank of Baroda offers its customers an interest rate ranging from 3.00 percent to 5.50 percent on FDs from 7 days to 10 years. At the same time, interest rates ranging from 3.50 percent to 6.50 percent are being offered by the bank to senior citizens.
