Bank FD is considered to be the best option for investing money. In such a situation, today we will tell you about such banks, which are offering good interest rate returns to their customers on FDs of 5 years duration.
5 year FD interest rates
Bank FD is considered to be the best option for investing money. The reason for this is that the money invested in bank FD is safe. The return received is also already fixed. This is the reason why most people resort to bank FD to invest their money. If you also invest your money in bank FD, then today we will tell you about some such banks, which are offering their customers a very good interest rate return on FD of 5 years duration. Let’s know.
SBI’s 5-year term FD interest rates
SBI is the largest government bank in the country. SBI offers its customers a very good interest rate return on FD. SBI’s 5-year term FD interest rates are 6.30 percent. For senior citizens, this interest rate is 7.30 percent.
BOB’s 5-year term FD interest rates
Bank of Baroda also offers its customers a very good interest rate return on FD. BOB’s 5-year term FD interest rates are 6.55 percent. For senior citizens, this interest rate is 7.15 percent.
HDFC Bank 5-year FD
Talking about the interest rates of HDFC Bank’s 5-year term FD, these interest rates are 6.65 percent for general citizens and 7.15 percent for senior citizens.
ICICI Bank 5-year FD
Talking about the interest rates of ICICI Bank’s 5-year term FD, these interest rates are 6.75 percent for general citizens and 7.25 percent for senior citizens.
Kotak Mahindra Bank FD
Kotak Mahindra Bank’s 5-year term FD interest rates are 6.20 percent. Whereas for senior citizens these interest rates are 6.70 percent.
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