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Bank FD Current Rates: Which bank is giving more interest on one year FD (Fixed Deposits), know…

Now here we have discussed that which bank is paying interest for one year or one day less or one day more. It is clear by looking at this that if more interest is to be charged, then at this time this bank is giving better returns.

New Delhi:Common people always want more return on savings for their savings . Usually no one wants to take risk on return. In such a situation, risk-free investment is available only in banks for returns. Even in the bank, people keep government banks ( Fixed Deposits in Banks ) on first priority. It is a different matter that in today’s era people have faith in big private banks as well and they feel free to invest money in private banks also in the desire of Better Return for investments . Generally, banks give more interest on investments ranging from one year to three years. ( Which bank is giving Higher return in one year Fixed Deposit )

How much return is being received on FD in SBI for one year ( Interest rates on FDs in SBI bank )

In such a situation, today we will talk about if someone invests in banks for one year, then how much interest is being received in which bank. First of all, let’s talk about the biggest government bank SBI ( Fixed Deposits interest rates in SBI bank ). According to the information given on the bank’s site, interest is being given at the rate of 5.88 percent per annum to common citizens and 6.40 percent to senior citizens on deposits ranging from 211 days to one year. At the same time, apart from this, interest is being given at the rate of 6.98 and 7.50 for common citizens and senior citizens respectively on deposits from one year to two years. Please tell here that if you do FD for one year and one day, then the common citizen will get interest at the rate of 6.98 percent and the senior citizen will get interest at the rate of 7.50 for this period.

How much return is being received on FD in PNB for one year ( Interest rates on FDs in PNB bank )

After SBI, let’s talk about other big government banks. According to the information given on the site of PNB Bank (Fixed Deposits interest rates in PNB bank), at this time, on depositing for a period of 271 days to less than one year, the bank is paying 5.80 percent to the common citizen and 6.30 percent to the senior citizens and Super Senior Citizen is paying interest at the rate of 6.60.

On the other hand, PNB is giving interest at the rate of 6.80 percent per annum to the general citizens for depositing for one year. Along with this, interest is being given at the rate of 7.30 percent to senior citizens. At the same time, Super Senior Citizen is paying interest at the rate of 7.60 percent for this period.

How much return is being received on FD in Bank of Baroda for one year ( Interest rates on FDs in Bank of Baroda bank )

After PNB, let’s talk about Bank of Baroda. Bank of Baroda ( Fixed Deposits interest rates in BoB bank ) is paying interest at the rate of 5.75 percent on deposits of less than one year from 271 and is paying interest at the rate of 6.25 percent to senior citizens. Bank of Baroda is giving 6.75 on one year deposit and 7.25 on FD to senior citizens. The bank is giving this interest rate on deposits of 400 days from one year.

Now let’s talk about two private banks. HDFC Bank and ICICI Bank, the two largest private banks in the country, have also managed to attract people towards them.

How much return is available on FD in HDFC for one year ( Interest rates on FDs in HDFC
Bank ) Interest is being paid at the rate of 6 percent per annum to the common citizen on the investment up to the period, while the interest is being paid at the rate of 6.50 percent to the senior citizens. HDFC Bank is paying interest at the rate of 6.60 percent to common citizens and 7.10 percent to senior citizens on deposits of less than one year to 15 months.

How much return is available on FD in ICICI for one year ( Interest rates on FDs in ICICI bank )

Now let’s talk about ICICI Bank ( Fixed Deposits interest rates in ICICI bank ). This private sector bank is paying interest at the rate of 6 percent per annum to the common citizen and 6.50 percent per annum to the senior citizen for deposits of less than 290 days to one year. At the same time, on depositing the amount for 1 year to 389 days, ICICI Bank is paying interest of 6.70 percent per annum to the common citizen and 7.20 percent to the senior citizen.

Now here we have discussed that which bank is paying interest for one year or one day less or one day more. Seeing this, it is clear that if more interest is to be charged, at present Bank of Baroda is getting the highest interest of 6.75 percent per annum. And after this, interest of 6.70 percent per annum is being received in ICICI Bank. Before investing, it is necessary that the investors go to the bank and get accurate information.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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