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HomePersonal FinanceBank Interest: FD rates of these 5 banks are excellent, know details

Bank Interest: FD rates of these 5 banks are excellent, know details

FD is considered a better option in terms of investment, in which returns are guaranteed with a guarantee.




new Delhi. Even today when talking about investment, most people recommend FD ie Fixed Deposit. FD is considered a better option in terms of investment, in which returns are guaranteed with a guarantee. In this, you get higher returns than Saving Account. Let us know about the top 5 banks that give excellent interest.

State Bank of India
State Bank of India, the country’s largest bank, is getting 2.9% interest on FD for 7 to 45 days. At the same time, between 46 days to 179 days, 3.9 percent is offering interest. For 180 days to less than 1 year, FD gets 4.4 percent interest. Similarly, 4.9 per cent interest is paid on maturity period of 1 year to 2 years and 5.1 per cent interest in maturity period of 2 years or less than 3 years. For 3 years and less than 5 years, 5.3 percent interest is available. SBI is offering 5.4 percent interest for 5 years to 10 years. SBI is also providing an additional interest rate of 50bps to senior citizens. In this way, senior citizens can get 6.2 percent interest rate for 7 days to 10 years.

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Punjab National Bank

Punjab National Bank gets 3% interest on FD for 7 to 45 days. Currently, the bank is paying 4.5 percent interest for less than a year. PNB is paying 5.20 percent interest for 1 to 3 years. For 5 to 10 years, the bank is paying interest on 5.25 percent FD.

HDFC bank
Interest on FD in HDFC Bank is getting 2.50 percent interest for 7 to 29 days. For 30 to 90 days, 3 percent interest is being received on deposits. The bank is getting 3.5 percent interest on maturity of 91 days to 6 months and 4.4 percent for 91 days to 6 months. 4.90 per cent for 1 year to 2 years, 5.15 per cent for 2 years to 3 years, 5.30 per cent for 3-5 years and 5.50 per cent interest on bank FDs for 5 to 10 years.

Bank of baroda
Bank of Baroda is getting 2.80 percent interest on FD for 7 to 45 days. The bank is offering 3.70 percent interest for 46 to 180 days. For 181 to 270 days, 4.30 per cent for more than 271 days and for less than 1 year, the bank is paying 4.40 per cent interest. The bank is paying 5% interest on the maturity period of 1 year. For 1 year up to 2 years, 5 percent is paying interest. For 2 years to 3 years, 5.10 percent for 3 to 10 years, 5.25 percent bank is paying interest.



Canara Bank
Canara Bank is getting 2.95% interest on FD for maturity between 7 and 45 days. The bank is offering 3.90 percent interest for 46 to 90 days. Similarly, interest is getting 4.45 per cent for less than 180 to 1 year. The bank is paying 5.25 percent interest on 1 year maturity. Above 1 year and less than 2 years, 5.20 percent and above 2 years and below 3 years are getting 5.40 percent interest. Above 3 years and for 10 years, the bank is offering 5.50 percent interest.

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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