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Home Personal Finance SBI Vs PNB Vs HDFC Bank Vs ICICI Bank: Where FD is...

SBI Vs PNB Vs HDFC Bank Vs ICICI Bank: Where FD is more beneficial? What will be the return on 5 lakh investment

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Best Fixed Deposit Rates: Let’s know how much return will be made by investing 5 lakh rupees in 5 years FD in big banks.



Best Fixed Deposit Rates in India 2021: Talking about deposits and savings, the Fixed Deposit (FD) scheme is very popular. The biggest reason for this is that people consider it safe and they get fixed returns. The best thing is that there is no market linked scheme, so the fluctuations of the market have no effect on it. Many people invest in FDs with their savings. Many people invest in FD for long term.

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Most people invest in FDs where they have a savings account. But before investing in FD, it should be noted that different banks are paying interest on FD. Let us know how much return will be earned by investing five lakh rupees in 5 years FD in big banks.

State Bank of India (SBI)

FD amount: 5 lakh

FD Term: 5 years

Interest rate: 5.40%

Maturity amount: Rs 6,54,585

Interest earned: Rs 1,54,585

Punjab National Bank (PNB)

FD Amount: 5 Lakh

FD Term: 5 years

Interest Rate: 5.30%

Maturity amount: Rs 6,51,335

Interest earned: Rs 1,51,335

HDFC Bank

FD Amount: 5 Lakh

FD Term: 5 years

Interest Rate: 5.30%

Maturity amount: Rs 6,51,335

Interest earned: Rs 1,51,335

ICICI Bank

FD amount: 5 lakh

FD Term: 5 years

Interest rate: 5.35%

Amount to be paid at maturity: Rs. 6,52,958

Interest earned: Rs. 1,52,958

Axis Bank

FD amount: 5 lakh

FD Term: 5 years

Interest rate: 5.50%

Maturity amount: Rs 6,57,851

Interest earned: Rs 1,57,851

Bank of Baroda (BOB)

FD amount: 5 lakh

FD Term: 5 years

Interest rate: 5.25%

Maturity amount: Rs 6,49,716

Interest earned: Rs 1,49,716




If you invest 5 lakh rupees in FDs with a tenure of 5 years in these banks, then compared to the amount received on maturity, the highest returns are available in Axis Bank. Bank of Baroda will get the lowest return on maturity in these 5 banks.

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