Fixed Deposit Interest Rates: If you are thinking of getting FD, then you should understand at one place which bank is getting the highest interest on FD.
Often people believe that FD is the most secure and best return option. That’s why a large number of people prefer to invest in FD only. Although the interest rates of FDs are decreasing for some time, but still it is the first choice for investment. If you also think that FD is the only good way to invest and you want to invest, then it is necessary to compare the interest rates of all banks.
Although the interest earned on FD depends on the limit of the FD, but by keeping in mind any one period, you can estimate it. In such a situation, today we tell you keeping in mind the period of 5 years, how much interest is being received in which bank. Let us know how much interest is being received in banks like SBI, FDFC, PNB…
State Bank Of India
If you make an FD in State Bank of India for 3 years to 5 years, then you get interest at the rate of 5.30 percent. At the same time, senior citizens are getting 0.50 percent more interest i.e. they get up to 5.80 percent interest. This rate is available from January 1, 2021.
Punjab National Bank
Punjab National Bank recently changed its FD rate. At present, the bank is giving interest at the rate of 5.25 percent on FD plans from 3 to 5 years and senior citizens get interest up to 5.75 percent on this plan.
Bank Of Baroda
Talking about Bank of Baroda, the bank is giving interest at the rate of 5.25 percent to the customers for 3 to 5 years. At the same time, senior citizens get .50 percent more benefit. This rate is applicable from 16 November 2020.
FDFC Bank changed its rate on 21 May 2021. At present, the bank is giving interest up to 5.30 percent on FD plans from three years to five years and for senior citizens this rate is 5.80 percent. Let us tell you that this rate is a customer for people investing up to 2 crores and if you want to invest more then you get a different interest.