Fixed Deposit Latest Rates: Big news!These banks are giving 8% interest only on FD of 2 years, you can take advantage like this

Fixed Deposit has been the most popular investment option for most of the people. Because it provides guaranteed returns to the investors.

Some banks of the country are giving highest interest on Fixed Deposit (FD) to the investors. You can earn more by investing in FDs of these banks. Because Fixed Deposit has been the most popular investment option for most of the people. Because it provides guaranteed returns to the investors. Along with this, you can easily withdraw money from Fixed Deposit by paying a nominal penalty to the banks or financial institution.

Also, some banks offer loans against deposit options. Most people have preferred fixed deposits as an investment option. It gives guaranteed returns to the investors and is not volatile. Its multiple advantages and straightforward design have been beneficial. Explain that banks offer different rates to ordinary citizens and senior citizens and the rate also varies with the amount and tenure. These 6 banks are offering the highest interest rate on FDs of 2 years.

These banks are giving better interest rates

• DCB Bank is offering interest ranging from 3.75% to 8% to its customers for tenures ranging from 7 days to 10 years. The bank offers 8% on FD tenure of 15 months to less than 24 months.
• Bandhan Bank is offering interest rate between 3% to 8% to the general public for tenure ranging from 7 days to 10 years. The highest rate of interest of 8% is offered for a period of 1 year, 7 months, 20 days.
• IDFC First Bank is offering interest ranging from 3.50% to 7.75% to its customers for tenures ranging from 7 days to 10 years. The bank offers 7.75% on tenure of 18 months – 1 day – 3 years and 7.25% on tenure from 367 days to less than 18 months (367 days to 548 days).
• IndusInd Bank offers interest rates ranging between 3.50% to 7.75% to the general public for tenures ranging from 7 days to 10 years. The bank is paying interest at the highest rate of 7.75% on the time frame of 1 year 6 months to 2 years 9 months.
• RBL Bank offers interest rates ranging from 3.50% to 7.80% to the general public for tenures ranging from 7 days to 10 years. Bank is offering higher interest rate of 7.80% for tenure of 453 to 459 days (15 months).