Lidea Feed

FD investors are happy: Now these banks are giving 8.30% interest on fixed deposits

samacharjagat November 19, 2024 12:09 PM

Banks offer various tenure plans for fixed deposits (FDs) , and their interest rates also vary. Customers can choose any tenure from 7 days to 10 years as per their need. For those who are looking for good returns in a short period, a one-year FD can be a great option.

FD investors are having a great time: Attractive interest rates Many banks are currently offering attractive interest rates on one-year fixed deposits . Many of these banks are offering more than 8% returns. According to a report published in ET , major lenders like SBI , HDFC and RBL Bank are offering 8.30% interest on FDs to their customers . Now let's know about the FD rates of these big banks in detail.

Bumper interest to investors in SBI Fixed Deposit State Bank of India is giving interest ranging from 3% to 7.10% on Fixed Deposit (FD) to its general customers , while its senior citizen customers are getting interest ranging from 3.50% to 7.60%. At the same time, HDFC Bank is giving 3% to 7.25% interest to its general customers and 3.50% to 7.75% interest to senior citizen customers.

Apart from this, ICICI Bank is giving 3% to 7.10% interest on FD to its general customers and 3.50% to 7.60% to senior citizen customers. Whereas IDBI Bank is giving 3% to 6.75% interest to its general customers and 3.50% to 7.25% interest to senior citizen customers.

FD investors are having a great time in these banks. Kotak Mahindra Bank is giving 2.75% to 7.20% interest to its general FD customers and 3.25% to 7.70% interest to senior citizen customers. Whereas RBL Bank is giving 3.50% to 7.80% interest to its general customers and 4% to 8.30% interest to senior citizen customers.

Apart from this, Punjab National Bank is giving 3.50% to 7.25% interest on fixed deposits (FD) to its general customers and 4% to 7.75% interest to senior citizen customers.

Axis Bank is giving up to 7.85% interest on Fixed Deposit . Canara Bank is giving 4% to 7.25% interest to its general customers and 4% to 7.75% interest to senior citizen customers on FD . Whereas Bank of Baroda is giving 3% to 7.05% interest to its general customers and 3.50% to 7.55% interest to senior citizen customers on FD .