Highest interest rates on FD : The money is completely safe in Fixed Deposit (FD). The investor gets guaranteed returns on this. FD gives investors a guaranteed return. It gives an opportunity to earn at a fixed interest rate over a predetermined period. FD scheme is a better option for those who want to earn good returns while keeping their principal safe. It is not affected by market fluctuations.
Apart from this, investing in FD provides many benefits. It provides assured returns and flexibility in investment period. FD account can be opened easily. In today’s time, many government, private and small finance banks provide the facility of opening FD account through online and offline medium. Investors can open FD account through online medium sitting at home. If you want to earn good money then If you are planning to invest in one year FD, then here is a list of banks shared for you.
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Which bank is giving the highest interest, check the list before investing
This list of more than 40 banks includes the names of government, private and small finance banks like SBI, PNB, BOI, HDFC Bank, ICICI Bank and Axis Bank. Which of these banks in the list is giving the highest returns on one year FD? You can take an investment decision by comparing the interest rates of all.
Name of bank | Interest Rate on 1 Year FD |
Small Finance Bank | |
Jana Small Finance Bank | 8.50 |
Ujjivan Small Finance Bank | 8.25 |
Equitas Small Finance Bank | 8.20 |
Utkarsh Small Finance Bank | 8.00 |
Unity Small Finance Bank | 7.85 |
AU Small Finance Bank | 7.25 |
Northeast Small Finance Bank | 7.00 |
Suryoday Small Finance Bank | 6.85 |
Private Bank | |
Bandhan Bank | 7.85 |
IndusInd Bank | 7.75 |
RBL Bank | 7.50 |
Yes Bank | 7.25 |
DCB Bank | 7.10 |
Karnataka Bank | 7.10 |
Kotak Mahindra Bank | 7.10 |
SBI Bank | 7.10 |
Axis Bank | 7.00 |
City Union Bank | 7.00 |
indian bank | 7.00 |
Tamilnad Mercantile Bank | 7.00 |
Federal Bank | 6.80 |
ICICI Bank | 6.70 |
South Indian Bank | 6.70 |
HDFC Bank | 6.60 |
IDFC First Bank | 6.50 |
CSB Bank | 5.00 |
Yes Bank | |
Government Bank | |
Indian Overseas Bank | 6.90 |
Bank Of Baroda | 6.85 |
Canara Bank | 6.85 |
Central Bank Of India | 6.85 |
State Bank Of India | 6.80 |
Bank of India | 6.80 |
Union Bank Of India | 6.75 |
Punjab National Bank | 6.75 |
Maharashtra Bank | 6.75 |
Punjab & Sind Bank | 6.20 |
Indian Bank | 6.10 |
Foreign Banks | |
Standard Chartered Bank | 7.50 |
Deutsche Bank | 7.00 |
HDFC Bank Ltd | 4.00 |
Source: Paisabazaar.com | |
Interest rates as of 19th June 2024 |
,Note: This list of banks has been prepared by Paisa Bazaar. The updates related to the FD rates of the banks included in the list are till June 19. Banks change their rates from time to time. In such a situation, investors are advised to confirm the interest rate by visiting the branch or official website of the concerned bank before investing their savings in any FD scheme.)