5 Bank FDs Will Make You Rich, Get Bumper Interest, Check List
New Delhi. Fixed deposits have now become an investment option offering guaranteed returns. Due to continuous increase in repo rate, customers are now taking advantage of FDs with higher interest rates offered by banks If you are going to invest in FDs for high interest then you can invest in these FDs. You can get good interest by investing here. FD is not only a safe investment option but now it has also become a medium of good income.
Today we are telling you about banks that are offering high interest on your deposits. This list includes both public and private banks. Let’s know more about them…
Also Read: Bullet train to run between Delhi-Amritsar, journey ends in just 2 hours, survey begins, know what the route will be!
Federal Bank FD Rate
For tenures ranging from seven days to ten years, Federal Bank offers interest rates ranging from 3 percent to 7.3 percent and 3.5 percent to 7.8 percent for senior citizens. This interest rate is applicable from September 1, 2023.
IndusInd Bank FD Rate
For tenures of seven days to ten years, Indusland Bank offers interest rates between 3.5 percent and 7.5 percent and for senior citizens, between 4.25 percent and 8.25 percent. These rates are applicable from 5 August 2023.
Punjab National Bank FD Rate
For tenures ranging from seven days to ten years, PNB offers interest rates between 3.5 percent and 7.25 percent and for senior citizens, between 4 percent and 7.75 percent. A maximum interest rate of 7.25 percent is being offered for a tenure of 444 days.
Canara Bank FD Rate
For tenures of seven days to ten years, Canara Bank is offering interest rates between 4 percent to 7.25 percent and 4 percent to 7.75 percent for senior citizens. A maximum interest rate of 7.25 percent is offered for a period of 444 days.
Bank of Baroda FD Rate
For tenures of seven days to ten years, Bank of Baroda offers interest rates ranging from 3 percent to 7.25 percent for regular individuals and 3.5 percent to 7.75 percent for senior citizens.