FD Rates: This bank is giving bumper returns on one year and 3 year FD, see the full list here

Best FD Rates: If you have savings, you can earn a lot of money through fixed deposits. There is no risk of any kind in this. In the recent past, after the reduction in repo rate, there has been a decrease in the interest rates of FD. Let us know which bank is giving how much interest on fixed deposits.

Fixed Deposit Interest Rates: Investing in fixed deposits is also considered a better option. The biggest advantage is that you get both security and fixed returns. It is right for you to compare the interest rates of different banks before investing in it. Most banks have reduced the interest rates on their FDs. In such a situation, now let us know which banks are still giving the highest interest on their term deposits.

Small finance banks are giving interest up to 8.75% in 1 and 3 year FD schemes, while private banks are offering 7.50% and government banks are offering up to 7.20% return (Bank Fixed Deposits). If you want to make your savings safe and profitable in the short term, then here we are giving a list of some banks.

State Bank of India (SBI)

The country’s largest government bank is giving 6.70 percent interest on 1 year FD and 6.75 percent interest on 3 year FD. Senior citizens are getting 7.25 percent interest in a period of 3 years.

This much interest is being given in ICICI Bank

ICICI Bank provides 6.7% interest to common citizens on one year FD. Senior citizens are getting 7.2% interest. Along with this, this bank is giving the highest interest of 7.05% to common citizens and 7.55% interest to senior citizens for a period of 18 months to 2 years.

Axis Bank

The country’s private bank Axis Bank is giving 6.70 percent interest on 1 year FD and 6.90 percent interest on 3 year FD.

FD rates in Punjab National Bank

Punjab National Bank (PNB) is providing 6.7 percent interest to common citizens on one year FD. During this period, senior citizens get 7.2 percent interest. The highest interest rate is available on FD of 390 days. During this period, general customers get 7.1 percent interest and senior citizens get 7.6 percent interest.

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